Rash & Rash says ..

Property Oracle says ..

This property is a retirement property located in Winchmore Hill, Enfield, London. The property is listed at £160,000 and has one bedroom and one bathroom. The total square footage is 496.80 sqft.

The property appears to be in good condition based on the provided images. The interior is well-maintained and presented, with modern fixtures and fittings. There is a communal garden area which is well-maintained.

The location is good, with several primary schools within a kilometer radius. The property is also relatively close to several train stations, providing convenient access to central London.

Considering the average price per square foot in the area is £485, and this property is listed at a significantly lower price, the asking price of £160,000 appears to be very reasonable, especially considering the condition and location of the property. However, it’s important to note that the average house price in the area is significantly higher at £468,742 and that this property is a retirement property, which may account for the lower price. The lack of information on the size of nearby properties makes it difficult to definitively assess the value of this property relative to comparable properties.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images