The asking price of £500,000 seems reasonable when compared to other properties in the area. While the average price in Richmond is higher, this is a flat, and its condition suggests it might be priced competitively to attract buyers willing to renovate. The nearby listing information also supports this valuation.

The internal condition of the flat appears dated. The kitchen and bathroom, while functional, would benefit from modernisation. Some of the decor and furnishings also appear worn. Therefore, it’s not in excellent condition and likely needs some renovation.

The property is located in North Richmond, which is generally a desirable area. It’s close to transportation, with North Sheen station nearby, and has access to several schools. However, it’s on Lower Mortlake Road, which could be a busy and noisy location.

As a flat within a larger building, the property has limited access to private land. There are communal gardens surrounding the building, but the flat itself doesn’t have a private garden or significant land.