Barnard Marcus says ..

Property Oracle says ..

This property is a 3-bedroom flat located in Barnet, London. The list price is £400,000. The property is in need of significant renovation. The average price for properties in the area is considerably higher at £805,124, and the average price per square foot is £588. This property is 926.77 sqft. Considering the condition of the property, which requires extensive renovation, the lack of a garden (plot size 0.00 sqft), and the relatively low price compared to the area average, the property could be considered good value for money if the buyer is prepared to undertake a full refurbishment. However, the cost of renovation must be factored into the overall investment. The proximity to transportation links and schools is a positive aspect of the location. Nearby properties show a range of prices, some significantly higher than the list price of this property, suggesting that it’s priced competitively, at least in comparison to other properties in the area that are in better condition. The relatively lower price may reflect the significant refurbishment required.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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