Prickett & Ellis says ..

Property Oracle says ..

The property is a one-bedroom apartment located in the Alexandra area of Haringey, London, with a list price of £450,000. The apartment has 586.09 sqft of living space and a plot size of 689.11 sqft. Location: The property is situated in N10 2LD, which benefits from being close to several highly-rated primary schools such as Muswell Hill Primary School and Rhodes Avenue Primary School, both rated as “Outstanding” by Ofsted. The proximity to several stations, including Alexandra Palace, New Southgate, and Bowes Park, provides convenient transport links. However, without further information on the immediate surroundings and amenities, a definitive location score cannot be provided. Condition: The provided images clearly show the property is in need of significant renovation. Walls are damaged and require re-plastering, carpets are worn, and the bathroom and kitchen appear outdated and require complete refurbishment. The overall condition suggests a substantial amount of work is needed before the property is habitable. Land: The property includes a garden, which is a desirable feature. While the garden appears somewhat overgrown, it provides outdoor space and potential for landscaping. Price: The average price for properties in the area is £590,968, with an average price per sqft of £492. Considering the property’s condition, requiring substantial renovation, and the lower sqft compared to the area average, the list price of £450,000 may seem reasonable, reflecting the need for renovation. However, the lack of sqft information for nearby properties makes a precise comparison challenging. More data would be needed to provide a conclusive price analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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