Old School Close, Wimbledon
RI

Old School Close, Wimbledon

By Rice & Roman

£ 275,000

Reviews

2 out of 5 stars

Rice & Roman says ..

A first floor, two bedroom retirement apartment in the sought after `Old School Close` development for persons 60+ Years Of age

Property Oracle says ..

This two-bedroom retirement apartment in Wimbledon’s Merton Park offers a potentially appealing blend of location and convenience. The property is located within a short distance of highly-rated schools and several train stations, making it suitable for those seeking easy access to education and commuting options. The nearby streets showcase a range of property prices, indicating a diverse yet generally affluent area.

The apartment itself appears well-maintained but could benefit from some modernisation to refresh its interior design. The communal gardens provide green space, although it’s important to note the limited private outdoor space for the unit. The listing describes it as a first-floor apartment.

The price of £275,000 seems reasonable when considering comparable nearby properties, particularly other retirement apartments in the area. However, the lack of precise comparative data makes a definitive judgment on value slightly difficult. Overall, the property is a reasonable option for those within the target demographic, but potential buyers should consider the dated aesthetic and limited private land.

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

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
495.14

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
550,612.00 £
Decreased by 24.97 %
from 733,864.00 £
Est sale value
332,238.94 £
Increased by 2.44 %
from 324,316.70 £
Average area rental value
3,214.00 £/mo
Increased by 29.81 %
from 2,476.00 £/mo
Est letting value
1,485.42 £/mo
Increased by 50.00 %
from 990.28 £/mo
Est rental Yield
7.00 %
Increased by 72.84 %
from 4.05 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Rice & Roman created the listing.

Nearby Schools

NameTypeOfstedDistance
Merton Park Primary SchoolCommunity SchoolOutstanding0.15 KM
Pelham Primary SchoolCommunity SchoolGood0.79 KM
Rutlish SchoolVoluntary Controlled SchoolOutstanding0.79 KM
St Mary'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.83 KM
Poplar Primary SchoolCommunity SchoolGood0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Melrose Road £ 1,250,00000.00 KM
Langley Road £ 878,73800.00 KM
Harcourt Road £ 975,00000.00 KM
Derby Road £ 000.00 KM
Covey Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Merton5292SMO0.93 KM
Wimbledon5578WIM1.36 KM
Wimbledon Chase5612WBO1.45 KM
Morden South5291MDS1.58 KM
Haydons Road5289HYR2.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old School Close, Wimbledon £ 275,000BUY5 / 100.00 KM
Church Lane, Wimbledon £ 730,000BUY7 / 100.06 KM
Church Lane, London £ 925,000BUYUnknown0.06 KM
Church Lane, Merton Park, London, SW19 £ 730,000BUY7 / 100.07 KM
Church Lane, Wimbledon £ 775,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
30 Old School Close £ 272,5000.01 KM
7 Old School Close £ 245,0000.01 KM
25 Old School Close £ 249,9500.01 KM
17 Old School Close £ 155,0000.01 KM
23 Old School Close £ 285,0000.01 KM