Bairstow Eves says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom flat located on Credenhill Street in the Furzedown area of Wandsworth, London. It has a plot size of 675 sqft and is listed at £425,000.

The property appears to be in reasonable condition. While the provided images show a lived-in space, there is no obvious evidence of significant damage or disrepair requiring immediate attention. The kitchen and bathroom appear functional, though a cosmetic update might enhance their appeal.

The property benefits from a garden, which is a desirable feature in London. The size of the garden appears modest but provides some outdoor space.

Considering the average price per square foot in the area (£685) and the property’s size (462 sqft), a simple calculation suggests a potential value of around £315,000. However, the actual list price is significantly higher at £425,000. This discrepancy could be explained by factors such as the property’s location within Furzedown, its inclusion of a garden (a rare commodity in London), and the current market conditions. The presence of nearby schools and transport links also contributes to the desirability of the area. However, it’s important to note that the average price and price per sqft data provided are averages across the area, and individual property values can vary based on specific features and condition. The list price therefore appears somewhat high compared to the simple calculation, but in line with the local market’s higher values.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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