Melvin Jacobs says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Mayfair Court, Stonegrove, Edgware, Greater London. The apartment is 562 sqft and sits on a 742 sqft plot. The list price is £439,950. The location is within walking distance of Edgware Town Centre, offering convenient access to shops and Edgware Tube Station (Northern Line). This is a positive factor for potential buyers, increasing convenience and potentially rental value. The presence of several schools within a reasonable distance, including the good-rated London Academy, further enhances the location’s appeal to families. However, the presence of an inadequate-rated school nearby could be a negative for some buyers. Based on the photos, the apartment appears to be in good condition. The interior is modern and well-maintained, suggesting minimal need for immediate repairs or renovations. The kitchen and bathrooms look clean and updated. The property includes access to a communal garden, providing some outdoor space. While not a private garden, this still adds value compared to apartments without any outdoor amenity. The presence of gated parking is also a positive feature. Considering the average price of £623,952 and average price per sqft of £582 in the area, the list price of £439,950 for a 562 sqft apartment appears relatively reasonable, especially given its good condition and convenient location. However, the lack of sqft data for comparable properties makes a precise price comparison difficult. The list price is lower than the average price for the area, suggesting it may represent good value.

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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