Melvin Jacobs says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom apartment located in Edgware, London. The list price is £425,000, and the property has 679.50 sqft of internal space and an 860 sqft plot. The average price for properties in the area is £623,952, with an average price per sqft of £582. Nearby properties range significantly in price, from £290,000 for a three-bedroom flat requiring modernisation to £1,500,000 for a five-bedroom detached house.

Based on the provided photographs, the apartment appears to be in good condition, with a recently renovated kitchen and bathroom. The flooring and walls are in good repair. There is evidence of some minor wear and tear, but overall the property presents well.

The property’s location in Edgware offers proximity to several schools, with varying Ofsted ratings. The distance to transportation links is moderate, with the nearest train station being several kilometers away. The availability of shops and other amenities in the immediate vicinity is not specified.

The plot size of 860 sqft suggests the presence of some outdoor space, although the exact nature and size of this area are unclear from the provided information.

Considering the property’s condition, location, and available land, the list price of £425,000 appears to be relatively reasonable compared to the average price in the area. However, the significant variation in prices of nearby properties highlights the impact of factors such as property type and condition on overall value. The average price per sqft in the area (£582) is higher than what this property offers, suggesting that the list price is competitive, particularly given the apparent recent renovations.

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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