John D Wood & Co. Sales says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom end of terrace house situated in Herne Hill, Lambeth, London. It boasts a sizable floor area of 1,322.88 sqft and a plot size of 1,391.77 sqft. The list price is £1,250,000. The location in Herne Hill is highly desirable. Herne Hill is known for its excellent local amenities, including well-regarded schools like St Jude’s Church of England Primary School (rated Outstanding by Ofsted) and Jessop Primary School (also rated Outstanding). The proximity to Herne Hill train station, providing Southeastern services, ensures convenient transport links into central London. This contributes to the area’s strong appeal and typically higher property values. Based on the provided images, the property appears to be in excellent condition. It has undergone a tasteful and modern refurbishment, showcasing a contemporary kitchen extension with a conservatory-style roof and a well-maintained garden. The interior is presented to a high standard, suggesting minimal need for immediate repairs or renovations. The presence of a garden, as evidenced in the photos, adds significant value to the property, particularly in a densely populated area like London. The garden appears to be relatively well-sized for a property in this location. Considering the property’s size (1322.88 sqft), condition, location, and the inclusion of a garden, the list price of £1,250,000 warrants further investigation. While the average price per sqft in the area is £764, this property’s superior condition, modern extension, and desirable location justify a premium. Nearby comparable properties on Rymer Street itself have sold for similar or higher prices, suggesting that the asking price is within the range of market expectations for a property of this quality in this location. However, a detailed comparative market analysis of recently sold properties with similar characteristics would provide a more precise valuation. In summary, this property presents a compelling offering in a highly sought-after area. Its excellent condition, desirable location, and attractive features all contribute to its market value.

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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