Prickett & Ellis says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment located in Coppetts, Barnet, London. The list price is £300,000, and the property has 509.35 sqft of living space. The average price for properties in the area is £516,758, with an average price per sqft of £558. The apartment is situated on Sydney Road, which benefits from its proximity to several highly-rated primary schools, including Coppetts Wood Primary School (Outstanding Ofsted rating) and Hollickwood Primary School (Good Ofsted rating), both within a kilometer. New Southgate train station is also relatively close, offering convenient access to public transport. Based on the provided images, the property appears to be in need of significant renovation. Walls and floors show signs of wear and tear, requiring considerable work to bring them up to a modern standard. The kitchen and bathroom, while functional, also exhibit signs of age and would benefit from updating. The lack of a garden is a notable aspect. Considering the condition of the property, its need for extensive renovation, and the lack of a garden, the list price of £300,000 appears to be relatively reasonable when compared to the average price per sqft in the area. However, it is significantly lower than the average property price in the area. This could be attributed to the condition of the property and the lack of outdoor space. Further investigation into comparable properties needing renovation in the same area would provide a more precise assessment of the price’s reasonableness.

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

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