Goodfellows says ..

Property Oracle says ..

The property is a 1-bedroom apartment located on London Road, Mitcham, CR4 4EA. It has a list price of £250,000 and is 137.08 sqft with a 552 sqft plot size.

The apartment is situated in the Cricket Green area of Merton, within the London Borough of Merton. The location benefits from being close to several primary schools, including Cricket Green School (Outstanding Ofsted rating) and St Peter And Paul Catholic Primary School (Good Ofsted rating), both within a short walking distance. Mitcham Junction train station is also relatively close, providing convenient access to public transport links.

Based on the provided images, the apartment appears to be in reasonable condition. The kitchen and bathroom show signs of age but are functional. The flooring is modern laminate. The walls and ceilings appear clean and well-maintained, although a fresh coat of paint might enhance the overall aesthetic appeal. There is evidence of some minor renovation work or repairs in progress in one of the living areas.

The property includes a communal garden area, which is a positive aspect. The size of the garden is not explicitly stated but appears to be adequate for communal use.

Considering the list price of £250,000, the average price of similar properties in the area is £397,240, and the average price per sqft is £356. The subject property is significantly below the average price. However, the average sqft data is not available for comparison. The lower price may reflect the smaller size of the apartment and its slightly dated condition. The inclusion of a communal garden area adds value, although it is difficult to quantify this precisely. Given the location, proximity to amenities and transport, and the presence of a communal garden, the list price could be considered reasonable, particularly in the current market climate.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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