Allday & Miller says ..

Property Oracle says ..

This property is a 1-bedroom apartment located in Wembley, Brent, Greater London. The apartment is listed at £95,000 and has 365.44 sqft of living space and a 515.59 sqft plot. The property appears to be in reasonable condition for its age. The images show a dated but clean interior. While the decor is outdated, there is no visible evidence of significant damage or disrepair requiring immediate attention. The kitchen and bathroom appear functional, though a modernisation would likely increase the property’s value. The location is convenient, with several transportation options within a reasonable distance, including Wembley Stadium and Wembley Central tube station. The proximity to schools, such as Preston Manor School (rated ‘Good’ by Ofsted), is also a positive attribute for families or potential investors targeting the rental market. The plot size is relatively small for a property in London, but the presence of a garden is a notable feature. The garden appears well-maintained, offering some outdoor space, which is a desirable feature in urban areas. Considering the average price per sqft in the area (£380) and the property’s size (365.44 sqft), a rough estimate of the property’s value would be around £138,919 (£380 x 365.44). However, the list price is significantly lower (£95,000). This discrepancy might be due to several factors, including the property’s age, the dated interior, or the specific location within the complex. Further investigation into comparable properties within the immediate vicinity would be necessary to fully assess the pricing accuracy. The lower price may represent a good value proposition for a buyer willing to undertake some modernisation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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