Chase Buchanan incorporating Milestone says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Teddington, Richmond Upon Thames. The apartment is 481 sqft and situated on a 623 sqft plot. It’s listed at £315,000. The location is excellent, with several highly-rated primary schools within a short distance (Collis Primary School and Sacred Heart Roman Catholic Primary School are both rated as Outstanding or Good by Ofsted). Teddington train station is also conveniently located, providing easy access to London and surrounding areas. The average house price on Sandy Lane is £365,714, suggesting the property is in a desirable area. Based on the provided images, the apartment appears to be in generally good condition, although some minor updates might enhance its appeal. The kitchen and bathroom show signs of age, but are functional. The flooring and walls appear clean and well-maintained. The property benefits from a private garden area, adding to its desirability. Considering the average price per sqft in the area is £820, and the property is listed at £315,000 for 481 sqft, the list price appears reasonable, particularly given the desirable location and the inclusion of a private garden. However, the average house price in the area is significantly higher (£774,046), suggesting that this property may be undervalued. Nearby comparable properties on Harrowdene Gardens range from £335,000 to £375,000, further supporting the idea that this property might be priced competitively. The property’s relatively small size and the need for some modernisation may account for the lower price compared to the area average. However, the combination of location, condition, and the inclusion of a garden makes it a potentially attractive investment.

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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