& Co says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom penthouse apartment located in Raynes Park, Merton, London. It boasts 905.31 square feet of living space and a 542.00 square foot plot. Raynes Park offers a convenient location with nearby transportation links via South Western Railway at Raynes Park station (0.36 KM). Several schools are within a reasonable distance, including Hollymount School (0.63 KM) and Raynes Park High School (0.93 KM), both rated ‘Good’ by Ofsted. The property appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a contemporary design, and the apartment benefits from a spacious private terrace. This adds significantly to the overall appeal and value. Considering the average price per square foot in the area is £385, and the property is listed at £425,000, the price seems reasonable, especially given its modern condition, penthouse status, and private outdoor space. However, the average property price in the area is significantly higher (£960,962), suggesting that this property may be priced competitively, potentially reflecting its smaller size compared to the average. Nearby comparable properties support this assessment, with prices ranging from £273,000 to £595,000 for various property types. The presence of a private terrace is a significant advantage not present in all comparable properties.

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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