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 %
- Est sale value
- 332,238.94 £Increased by 2.44 %
- Average area rental value
- 3,214.00 £/moIncreased by 29.81 %
- Est letting value
- 1,485.42 £/moIncreased by 50.00 %
- Est rental Yield
- 7.00 %Increased by 72.84 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Rice & Roman created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Merton Park Primary School | Community School | Outstanding | 0.15 KM |
| Pelham Primary School | Community School | Good | 0.79 KM |
| Rutlish School | Voluntary Controlled School | Outstanding | 0.79 KM |
| St Mary'S Catholic Primary School | Voluntary Aided School | Outstanding | 0.83 KM |
| Poplar Primary School | Community School | Good | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Melrose Road | £ 1,250,000 | 0 | 0.00 KM |
| Langley Road | £ 878,738 | 0 | 0.00 KM |
| Harcourt Road | £ 975,000 | 0 | 0.00 KM |
| Derby Road | £ 0 | 0 | 0.00 KM |
| Covey Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Merton | 5292 | SMO | 0.93 KM |
| Wimbledon | 5578 | WIM | 1.36 KM |
| Wimbledon Chase | 5612 | WBO | 1.45 KM |
| Morden South | 5291 | MDS | 1.58 KM |
| Haydons Road | 5289 | HYR | 2.16 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old School Close, Wimbledon | £ 275,000 | BUY | 5 / 10 | 0.00 KM |
| Church Lane, Wimbledon | £ 730,000 | BUY | 7 / 10 | 0.06 KM |
| Church Lane, London | £ 925,000 | BUY | Unknown | 0.06 KM |
| Church Lane, Merton Park, London, SW19 | £ 730,000 | BUY | 7 / 10 | 0.07 KM |
| Church Lane, Wimbledon | £ 775,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 30 Old School Close | £ 272,500 | 0.01 KM |
| 7 Old School Close | £ 245,000 | 0.01 KM |
| 25 Old School Close | £ 249,950 | 0.01 KM |
| 17 Old School Close | £ 155,000 | 0.01 KM |
| 23 Old School Close | £ 285,000 | 0.01 KM |