David Andrew says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment located in Compass Court, Crouch End, a desirable area of North London. The apartment’s location benefits from proximity to Hornsey train station (0.62km), providing convenient access to central London and beyond. Several well-regarded schools are also within a short distance, including Greig City Academy and North London Rudolf Steiner School, both rated ‘Good’ by Ofsted. This makes the location highly attractive to families and professionals.

The images reveal a modern apartment in excellent condition. The interior is well-presented, with contemporary fixtures and fittings. There is no visible evidence of wear and tear or the need for renovation. The apartment also benefits from a private balcony offering views of the surrounding area. The communal grounds are also well-maintained, adding to the overall appeal.

The plot size is relatively small, typical for an apartment in this area. However, the private balcony provides valuable outdoor space.

Considering the average price per square foot in the area (£541) and the apartment’s size (587.88 sqft), a rough estimate of the property value would be around £318,000. The list price of £550,000 is significantly higher than this estimate. While the location and condition are strong points, the price may be considered high relative to the size of the apartment and comparable properties in the area. Further investigation into recent sales of similar apartments in Compass Court would be needed to determine if the list price is justified.

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

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