Aldermartin Baines & Cuthbert says ..

Property Oracle says ..

This two-bedroom first-floor flat in Edgware, London, is listed for £275,000. The property is situated on Grace Close, within proximity to shops and public transportation, making it a relatively convenient location for commuters and those who value local amenities. Several schools are within walking distance, adding to its family-friendly appeal. The provided images show a reasonably well-maintained property. However, some of the rooms could be described as dated, and modernizing the decor and fittings would likely enhance its overall appeal and marketability. The flat’s size (555 sq ft) is standard for a two-bedroom flat in this area. A notable aspect of this listing is the inclusion of a share of the freehold. This is a plus for potential buyers, making the flat more attractive in the long term. However, the lack of private outdoor space is a clear drawback. Comparing this property’s price to other nearby properties suggests the listing price is broadly in line with market values, particularly considering similar properties listed at a similar price point, although there is a lack of specific square footage data available for other properties, making direct comparison challenging. Overall, it represents a reasonable, if not exceptional, value. Potential buyers should assess the need for modernization and the lack of outdoor space when making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images