Excel Property Services says ..

Property Oracle says ..

This one-bedroom apartment in Addison House, St John’s Wood, NW8, is located in a highly sought-after area of London. St John’s Wood offers an affluent residential environment, close proximity to Regent’s Park, and a good selection of nearby schools, some of which have outstanding reputations. While the location is a clear strength, the property itself requires some consideration.

The provided photographs show a relatively clean and habitable space, but the interior finishes appear dated and could benefit from modernisation. The kitchen and bathroom, in particular, present a slightly tired aesthetic that might deter some potential buyers. The lack of private outdoor space is another factor to consider, although the access to communal gardens provides some green space.

While the £550,000 list price is not an exceptionally low price, it does seem to be within the range of similar properties in the area, though it is difficult to offer precise analysis without the necessary sqft data. Ultimately, this property presents a mixed proposition. Its location is a major draw, while the need for modernisation and lack of private outdoor space could lead to negotiations and affect its overall value to potential purchasers. Potential buyers should weigh these aspects carefully when making a decision.

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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