Hamptons Sales says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on Hermitage Street in the Hyde Park area of Westminster, London. It has a floor area of 629.11 sqft and a plot size of 688.89 sqft. The list price is £675,000.

The property appears to be in excellent condition, based on the images provided. It is modern and well-presented, with new flooring and a contemporary kitchen and bathroom. There is no evidence of wear and tear or the need for renovation.

The location is excellent, situated in Hyde Park, a highly desirable area of London known for its proximity to green spaces, excellent schools, and transport links. Paddington Station is within easy reach, providing access to various parts of London and beyond. Several highly-rated schools are also located nearby.

While the property itself is a flat and therefore lacks a large garden, the plot size suggests some outdoor space may be available in the form of a balcony or terrace. Further details on the exact nature of the outdoor space would be beneficial.

Considering the average price per sqft in the area is £1,581, and the property is priced at £675,000 for 629.11 sqft, this translates to approximately £1,071 per sqft. This is significantly lower than the average price per sqft for the area. However, the average price for the area is heavily skewed by larger properties. The nearby comparable properties, while limited in data, suggest that the list price is potentially competitive, although more data on the sqft of these properties would allow for a more precise assessment. The smaller size of the flat compared to other properties in the area may explain the lower price per sqft. Based on the information provided, the property presents a good value proposition, given its location, condition, and relative price compared to other properties in the area, although more data on the size of comparable properties would improve the accuracy of this assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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