eXp UK says ..

Property Oracle says ..

Location: Borehamwood is a town in Hertfordshire with good transport links to London via the Thameslink railway. The property’s proximity to Elstree & Borehamwood station (0.58km) is a significant positive, offering convenient access to commuting options. Several schools are within a reasonable distance, including some with good Ofsted ratings. The availability of local amenities is not explicitly detailed, but the presence of nearby streets suggests a developed area with potential access to shops and other services. Overall, the location appears to be reasonably convenient and desirable.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and recently renovated or refurbished. The kitchen and bathroom are contemporary and stylish, showing no signs of significant wear and tear.

Land: The property has a plot size of 622 sqft. While this is not a large plot, it’s sufficient for a flat of this size and may include a small private outdoor space. Further details on the exact nature of the outdoor space are needed for a more precise assessment.

Price: The list price of £280,000 for a 431.88 sqft flat is significantly lower than the average price of £430,639 for properties in the area. The average price per sqft in the area is £423, whereas this property’s implied price per sqft is approximately £648. Considering the property’s apparent excellent condition and convenient location, the list price may represent good value, although more information on the specifics of the property (e.g., exact features, views) and comparable properties would be needed to confirm this. The lower price may be due to the smaller size of the flat compared to the average. The nearby listings show a range of prices, with some properties priced similarly and others considerably higher. This suggests that the list price is within a reasonable range, but not necessarily exceptionally low.

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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