Michael Graham says ..

Property Oracle says ..

Royal Crescent is located in the Norland area of Kensington and Chelsea, a highly desirable and affluent part of London. The property benefits from being within walking distance of Holland Park and its beautiful communal gardens, as well as several highly-rated schools including Norland Place School, Tabernacle School, and Sial. The area is well-served by public transport links, with Shepherd’s Bush Overground station relatively close by. This contributes to a high location score.

Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, with a modern, stylish interior. The fixtures and fittings are contemporary and of good quality. The property shows no visible signs of disrepair or damage. This suggests a high condition score.

The property has no garden. This is a significant drawback, particularly given the high price point and the desirability of outdoor space in London. This results in a low land score.

The list price of £850,000 for a one-bedroom, 590 sqft apartment in Royal Crescent is in line with the average price for similar properties on the same street, as indicated by the provided data. However, the lack of outdoor space and smaller size compared to other properties in the area might suggest a slightly inflated price. Considering the high quality of the renovation and the prime location, the price could be considered reasonable, though perhaps not exceptionally good value. Further analysis of comparable properties with similar specifications would be needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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