Winkworth says ..

Property Oracle says ..

This three-bedroom terraced house in Hendon, London, presents a mixed bag. Located in a generally desirable area with good schools (St Mary’s and St John’s Cofe School being a notable example) and convenient access to public transportation via Hendon station, the location offers several advantages. However, the property’s condition is a significant factor. From the images, it appears dated and would likely require modernisation, including kitchen and bathroom upgrades. This necessitates considering potential renovation costs when assessing the overall value. While the inclusion of a small garden is a welcome feature in London, its size is modest. The list price of £550,000 needs careful consideration alongside comparable properties; the absence of substantial data on nearby properties’ square footage makes a definitive value judgement challenging. The property’s age and existing condition need to be weighed against the location’s desirability to make an informed decision. The lack of detail regarding the plot size also affects the overall valuation. A prospective buyer should budget for potential renovations and conduct a thorough survey before committing to purchase. Overall, the property presents a reasonable investment, although the potential renovation cost and lack of detailed comparable market data require cautious consideration.

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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