Domus Nova says ..

Property Oracle says ..

This property is a 3-bedroom, 2-bathroom apartment located on Elgin Crescent in the Colville area of Kensington and Chelsea, London. The list price is £3,750,000, and the property has 1,441 square feet of living space. The average price for properties in the area is £1,577,324, with an average price per square foot of £1,648. Location: The property benefits from being situated in a highly desirable area of London, known for its excellent schools and convenient transportation links. Several outstanding-rated primary schools are within a short distance, making it an attractive option for families. The proximity to several London Underground and Overground stations provides easy access to other parts of the city. This contributes to a high location score. Condition: Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, with modern fixtures and fittings throughout. The kitchen and bathrooms are particularly impressive, showcasing contemporary design and high-quality materials. The property shows no signs of needing repair or renovation. Land: While the property is an apartment, it includes a private garden, which is a significant advantage in a densely populated area like London. The garden is well-maintained and provides a pleasant outdoor space. This is a positive factor. Price: The list price of £3,750,000 is significantly higher than the average price for the area (£1,577,324). However, considering the property’s size (1,441 sq ft), excellent condition, and the inclusion of a private garden, the price may be justified. The average price per square foot in the area is £1,648, while this property’s price per square foot is considerably higher. The higher price likely reflects the premium associated with the property’s condition, location, and the added value of the private garden. Further analysis of comparable properties in the immediate vicinity would be beneficial to determine if the asking price is truly reflective of market value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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