Napier Watt Limited says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom apartment in St James’s, Westminster, with a list price of £6,850,000. The apartment boasts 2,500 square feet of living space and a plot size of 3,158 square feet. Its location in St. James’s places it in a highly desirable area of London, known for its proximity to Buckingham Palace, St. James’s Park, and numerous high-end shops and restaurants. The area also benefits from excellent transport links, including Victoria station, which is within a reasonable distance. Several highly-rated schools are also located nearby, making this an attractive location for families. The presence of a private balcony or terrace, as shown in the images, is a significant positive. The images reveal a property that appears to be in excellent condition, with high-quality finishes and modern amenities. The interior design is contemporary and luxurious, suggesting recent renovations or a high standard of original construction. The property’s condition is further supported by the inclusion of features such as modern bathrooms and a well-equipped kitchen. The inclusion of a balcony or terrace adds to the property’s appeal and value. While the exact size isn’t specified, the images show it to be substantial enough for outdoor use and enjoyment. Considering the property’s prime location, excellent condition, and inclusion of outdoor space, the list price of £6,850,000 requires further analysis in comparison to local market data. The average price per square foot in the area is £2,196, suggesting that a 2,500 square foot property might be expected to sell for around £5,490,000. However, the property’s superior condition, location, and additional amenities justify a premium price. Nearby comparable listings show a range of prices, with some significantly higher than the list price of this property. The fact that the average price of properties in the area is significantly lower (£2,768,212) than the list price of this property further supports the notion that this property is priced competitively given its unique features and location.

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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