Anthony Webb Estate Agents says ..

Property Oracle says ..

The property is a two-bedroom, one-bathroom retirement apartment in a McCarthy and Stone development built in 2007. The apartment is situated in a convenient location within walking distance of Southgate and Winchmore Hill, offering easy access to shops, restaurants, bus routes, and the tube/mainline station. This is a significant positive for location. The proximity to several well-regarded schools further enhances its desirability. The presence of nearby transportation links adds to the convenience of the location. The photos reveal the apartment to be in generally good condition, although some minor cosmetic updates might improve its overall appeal. The interior appears clean and well-maintained. While not showing signs of significant damage or disrepair, the apartment shows signs of age and is not in pristine condition. The plot size is 732 sqft. While not explicitly stated as a garden, the photos suggest some communal outdoor space is available. This is a positive aspect, although the lack of a private garden might lower the land score. The list price of £250,000 is considerably lower than the average property price in the area (£468,742). However, it’s important to note that this property is a retirement apartment, which typically commands lower prices than comparable family homes. The average price per sqft in the area is £485, while the property’s size is 185 sqft. Considering its condition, location, and the nature of the property as a retirement apartment, the price appears reasonable. However, the lack of sqft data for nearby comparable properties makes a definitive judgment difficult. Further research into comparable retirement apartments in the area would be beneficial to refine this assessment.

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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