Rice & Roman says ..

Property Oracle says ..

This property is a retirement property located in New Malden, Kingston Upon Thames. The location benefits from being close to several railway stations (New Malden being the closest at 0.81km) providing good transport links. There are also a number of schools within a reasonable distance, including Christ Church New Malden Cofe Primary School (rated Good by Ofsted) and several others. The property itself is a 1-bedroom, 1-bathroom apartment with a size of 462.85 sqft. Based on the images, the property appears to be in reasonable condition, though it may benefit from some modernisation. The kitchen and bathroom seem functional but dated. The communal areas, including the garden, appear well-maintained. The list price of £150,000 is significantly lower than the average house price in the area (£605,852), and the average price per sqft is also lower. However, it is important to note that this is a retirement property and the comparison is with properties of different types and sizes. Nearby comparable properties are also retirement properties with similar prices, suggesting the list price may be reasonable within this specific market segment. However, the lack of plot size data makes a complete evaluation of land value difficult.

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

Images