Winkworth says ..

Property Oracle says ..

Location: The property is located in Cheam, Sutton, which is a suburb of London. The area benefits from good transport links, with Cheam train station being less than a kilometer away, providing convenient access to London and surrounding areas. Several highly-rated schools are also within close proximity, including Cheam Fields Primary Academy, St Dunstan’s Cheam Cofe Primary School, and Cheam High School, making it an attractive location for families. Condition: Based on the provided images, the property appears to be in excellent condition. The apartment is modern, with a newly fitted kitchen and bathroom. The flooring and finishes are contemporary and well-maintained, suggesting that the property is in move-in condition and requires no immediate repairs or renovations. Land: While the property is an apartment, it benefits from allocated parking, as shown in the images. There is also a communal paved area, providing some outdoor space. Price: The list price of £350,000 for a 753 sq ft apartment in Cheam, Sutton is considerably lower than the average price of £906,511 for properties in the area. The average price per sq ft in the area is £565, while this property’s implied price per sq ft is significantly lower. However, nearby comparable properties are listed at higher prices, suggesting this property may be undervalued. The discrepancy could be due to factors not fully captured in the provided data, such as specific features of the apartment or the overall market conditions at the time of listing. Further investigation into recent sales of similar properties in the immediate vicinity would be beneficial to confirm the accuracy of the price assessment.

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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