Livin Estate Agents says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom flat in Bayswater, Westminster, with a floor area of 520 sqft. The list price is £600,000. The average price for properties in the area is significantly higher at £1,557,586, with an average price per sqft of £1,757. This suggests that the property may be underpriced compared to the overall market average. However, it’s important to note that the average property size is 886 sqft, considerably larger than the subject property. The property appears to be in good condition based on the provided images. The kitchen and bathroom look recently renovated or updated, with modern fixtures and fittings. There is no evidence of significant repairs needed. The property does not have a garden or any outdoor space, as indicated by a plot size of 0 sqft. This is common for flats in this area of London. The location in Bayswater, Westminster is generally considered desirable. The proximity to several well-regarded schools, such as St Stephen’s Cofe Primary School (rated ‘Good’ by Ofsted) and Westminster Academy (rated ‘Outstanding’), is a positive attribute. Furthermore, the area is well-served by public transportation, with several Underground and Overground stations within a reasonable distance. The presence of shops and other amenities is also likely to contribute to the desirability of the location. Considering the property’s condition, the lack of outdoor space, and its location, the list price of £600,000 appears relatively reasonable, especially when compared to other similar properties in the area. Several nearby flats are listed for sale at comparable prices, despite some requiring refurbishment. The smaller size of the property compared to the area average likely accounts for the lower list price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images