The list price of £3,500,000 seems somewhat high considering the property’s need for refurbishment and relatively small plot size of 171.5 sqft compared to the higher price range in comparable properties. While the location is prime, the condition of the property justifies a price below the average for properties in the area. Other properties in the same street, or close by, have sold recently for comparable amounts which demonstrates market value but also the condition impacting price.

While the property appears structurally sound, the interior photos reveal that it requires significant modernisation and updating. The kitchen and bathrooms appear dated and some rooms show a need for refurbishment. The garden also looks somewhat unkempt. Therefore, the condition score reflects the need for considerable work.

Alwyne Villas is situated in Canonbury, Islington, a highly desirable area of London. It benefits from excellent transport links (Essex Road station is very close), proximity to highly-rated schools (such as William Tyndale Primary School, rated ‘Outstanding’ by Ofsted), and is within easy reach of amenities in Upper Street. The overall desirability and convenience of the location justify a high score. Nearby streets like Hydes Place with similar property types and price points supports this assessment.

The property has a garden which is a significant asset in London, and it’s notably larger than many properties in the area. Although its size is not explicitly provided as a figure greater than 171.5 sqft, the photos suggest a reasonable garden space. The presence of the garage also adds to the overall land value.