Austin Chambers says ..

Property Oracle says ..

This three-bedroom terraced house on Ashurst Road in Barnet, London, presents a mixed bag of prospects for potential buyers. The property’s location is a strong selling point, with its closeness to outstanding schools like The Compton School and Wren Academy making it attractive to families. The proximity to Woodside Park underground station also enhances its accessibility. The inclusion of a garden is a valuable asset, especially within London.

However, the property’s condition is a major factor to consider. The photographs clearly show that the house requires extensive modernisation. Outdated decor, carpets, fixtures, and fittings are evident throughout, suggesting significant renovation costs will be incurred by the new owner. This renovation factor necessitates a cautious appraisal of the list price.

While the list price of £650,000 appears comparable to other properties on Ashurst Road, the need for extensive renovation will need to be factored into any offer. A potential buyer needs to carefully weigh the cost of renovation against the desirability of the location and the value of the property once improved. A detailed survey is strongly recommended to assess the full extent of the necessary work and potential structural issues, before making any purchasing 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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