Rash & Rash says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom retirement apartment located in Southgate, Enfield, London. The apartment is part of the Woodmere Court development. From the photos, the apartment appears to be in good condition, with a recently fitted shower room and modern kitchen. The communal areas, including the lounge and gardens, are well-maintained and attractive. The location benefits from being close to several amenities, including schools (Salcombe Preparatory School, Osidge Primary School, and others) and transportation links (New Southgate station is approximately 2.67 km away). The list price of £175,000 is significantly lower than the average house price in the area (£468,742). However, it is important to note that the average price and price per sqft are based on all property types, not just retirement apartments. Nearby comparable properties are also retirement apartments, with prices ranging from £125,000 to £285,000. Given the condition, location, and the fact that it is a retirement apartment, the list price appears relatively reasonable in comparison to similar properties in the area. The property includes access to communal gardens, which is a positive feature.

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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