Compton Reeback says ..

Property Oracle says ..

Maida Vale is a highly desirable location in London, known for its excellent schools, transport links, and proximity to Regent’s Park and Little Venice. The property’s location on Elgin Avenue places it within easy reach of several outstandingly rated primary and secondary schools, including St George’s Catholic School and Paddington Academy. Transport links are also good, with several Overground and Underground stations within a reasonable distance, providing convenient access to central London and beyond. This contributes to a high location score.

Based on the provided images, the property appears to be in good condition. The rooms are clean, well-maintained, and freshly decorated. The kitchen and bathroom appear modern and updated. There is no visible evidence of significant wear and tear or the need for major renovations. The built-in wardrobes offer ample storage space. This suggests a high condition score.

The property does not appear to have a private garden or outdoor space, which is typical for apartments in this area. The lack of outdoor space is reflected in the land score.

The list price of £565,000 for a 651 sq ft apartment in Maida Vale needs to be considered against the average price per sq ft in the area (£977). While the average price for properties in Maida Vale is significantly higher (£916,304), several comparable properties on Elgin Avenue have sold for prices ranging from £345,000 to £800,000. Given the property’s size, condition, and location, the list price appears to be at the lower end of the market value, making it potentially good value. However, more detailed information on the specific features and aspects of the property would be needed to make a definitive assessment.

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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