Ivy Gate says ..

Property Oracle says ..

The property is a 1-bedroom flat located on Cheam Road in Sutton, Greater London. The flat is part of a larger building, and the images show a well-maintained exterior with communal green space. The interior images showcase a recently renovated or modern flat with a new kitchen and bathroom. The flooring appears to be new laminate wood, and the walls are freshly painted. Given the images, the property appears to be in excellent condition. The kitchen and bathroom are modern and updated, suggesting recent renovations. There is no visible evidence of wear and tear or the need for repairs. The communal grounds also appear well-maintained. The property includes a small balcony or patio area. While not a large garden, it offers some outdoor space. The plot size is 581 sqft, which is relatively small for a property in this area. Considering the list price of £265,000, the average price in the area is £490,182, and the average price per square foot is £638. This property is significantly below the average price. However, the provided nearby listings show prices ranging from £225,000 to £325,000 for similar properties. The square footage of the comparable properties is not provided, making a direct comparison challenging. The property’s location near public transport and schools is a positive factor. The relatively low price, combined with the modern condition and convenient location, could make it attractive to first-time buyers or investors. However, the smaller plot size compared to other properties in the area should be considered.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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