John D Wood & Co. Sales says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in the Ferndale area of Lambeth, London. The flat is 670.59 sqft and is listed at £500,000. The average price for properties in the area is £540,676, with an average price per sqft of £717. The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathrooms. There is evidence of a balcony, which is a desirable feature for a flat. The location is good, with several schools and transportation links nearby. Brixton station is within a reasonable distance, providing access to various Southeastern train services. Several primary schools are also within walking distance, which is a significant factor for families. The lack of plot size information makes it difficult to assess the amount of land associated with the property. However, given that it’s a flat, the land associated would be minimal. Considering the average price per sqft in the area (£717) and the property’s listed price (£500,000) and size (670.59 sqft), the price seems reasonable. The property is slightly below the average price for the area, and the price per sqft is lower than the average. However, the lack of plot size data needs to be considered. Nearby comparable properties also support the listed price as being within the range of similar properties in the area.

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

Images