Kings Group says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Methven Court, Edmonton, N9, within the Ealing Broadway locality. The flat is listed at £240,000. The location is convenient, with Ealing Broadway station (TfL Rail) just 0.09km away, providing good transport links. Several schools are nearby, including Christ The Saviour Church of England Primary School (Outstanding Ofsted rating) within 0.39km. This makes the property attractive to families and commuters. However, the surrounding area’s average house price (£778,124) significantly exceeds the list price of this property, suggesting it might be undervalued or that this specific property has factors affecting its value. Based on the provided images, the flat appears to be in generally fair condition, though some aspects, such as the wallpaper and possibly the kitchen, might benefit from modernisation. The property shows signs of wear and tear, but doesn’t seem to require extensive renovations. The flat also benefits from a balcony offering views of the surrounding area. While the plot size is 693 sqft, the lack of information regarding the size of the flat itself (SQFT = 0.00) prevents a thorough assessment of the land-to-living space ratio. The presence of a balcony suggests some outdoor space is available. Considering the list price of £240,000, the average price in the area (£778,124), and the average price per sqft (£879), this property appears significantly underpriced compared to the local market average. However, this discrepancy needs to be considered in light of the property’s condition and the lack of information regarding the flat’s size. Further investigation into comparable properties in the area with similar condition and size would be needed to determine the true market value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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