McHugh & Co says ..

Property Oracle says ..

This property is a 3-bedroom terraced house located on Corbyn Street in Crouch Hill, Islington, with a list price of £650,000. The property is in need of significant renovation. The location is excellent, with good access to local schools rated ‘Good’ by Ofsted, including Arts And Media School Islington, St Mark’S Cofe Primary School, Christ The King Catholic Primary School and Duncombe Primary School, all within a 0.6km radius. The area also benefits from proximity to several London Overground stations and mainline train stations, providing convenient transport links. Based on the provided images, the property is in poor condition and requires substantial renovation. The interior shows significant wear and tear, including damaged walls, outdated fixtures, and flooring that needs replacing. The property has a garden, although it appears to be overgrown and requires attention. While the list price of £650,000 matches the average house price in the area, the condition of the property significantly impacts its value. Considering the extensive renovation needed, the price may be slightly high compared to similar properties in better condition. However, the desirability of the location and the potential for increasing value after renovation could justify the asking price for the right buyer. More information on the property’s square footage would allow for a more precise price per square foot comparison and a more accurate assessment of value. The lack of bathrooms is also a significant factor that will impact the final sale price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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