Ellisons says ..

Property Oracle says ..

Adela Avenue is located in Motspur Park, a suburb of Merton, in South West London. The property is a three-bedroom terraced house with one bathroom, and a total area of 3,063.56 sqft. The plot size is 1,560 sqft. The asking price is £750,000.

The property benefits from being close to Motspur Park train station (0.49km), providing convenient access to London Waterloo. Several other train stations are within a reasonable distance, offering alternative commuting options. The area also has a good selection of schools nearby, including Blossom House School (Outstanding Ofsted rating) and Sacred Heart Catholic Primary School (Good Ofsted rating), both within a short distance. This makes the location attractive to families.

Based on the provided images, the property appears to be a period property, well maintained but with some traditional features. The interior shows a consistent style, suggesting a cohesive and well-cared-for home. Whilst there is evidence of some modernisation in the kitchen, the overall feel is traditional. The property has a conservatory and a garden, adding to its appeal.

The average house price in the area is £785,773, with an average price per sqft of £888. Considering the size of this property (3,063.56 sqft), a naive calculation would suggest a price of approximately £2,718,000. However, the actual list price is significantly lower at £750,000. While the property is larger than average, this discrepancy needs to be considered in the context of the overall condition and the specifics of the market. The lower price may reflect the traditional style and potential need for some modernisation, despite the current condition appearing good. Nearby comparable properties show a range of prices, suggesting some variability in the market, which further supports the need for a careful assessment.

Considering the location, condition, and land, the price of £750,000 appears reasonable, potentially even representing good value, given the size and location, but requires consideration of the traditional style and potential for modernisation.

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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