Foxtons says ..

Property Oracle says ..

The property is located in Maida Vale, a desirable area known for its proximity to green spaces and excellent transport links. The area also benefits from good schools. However, the immediate surroundings of the property itself are not explicitly detailed. Based on the provided images, the property appears to be in need of some modernisation. The flooring, walls, and some fixtures show signs of wear and tear. A full renovation would likely significantly improve the property’s condition. The kitchen and bathroom appear functional but dated. The property’s plot size is listed as 0.00 sqft, indicating a lack of private garden space. This is a common feature in London properties, but it does limit the outdoor space available to residents. Considering the list price of £500,000 and the average price per sqft in the area (£942), the property seems slightly overpriced. While the location is desirable, the need for renovations and the lack of a garden significantly impact its value. The average price for similar properties in the area is significantly higher, suggesting that this property may be undervalued, however, the need for renovation must be taken into account. The property’s size (1017.19 sqft) is larger than the average for the area (813 sqft), which could justify a higher price per sqft. However, the condition of the property must be considered.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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