Tatlers says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment in Hornsey, Haringey, with a list price of £550,000. The apartment has 661 sqft of living space and a 761 sqft plot. The average price for properties in the area is £649,310, with an average price per sqft of £541. This suggests that the property is slightly below the average price for the area. However, the average sqft is significantly larger than the property in question (1199 vs 661), which could explain the lower price.

The location appears to be convenient, with nearby transportation options including Hornsey train station (0.57km) and several other stations within a 2km radius. There are also several well-regarded schools in the vicinity, including Greig City Academy and St Mary’s Cofe Primary School, both rated ‘Good’ by Ofsted. The proximity to these amenities contributes positively to the property’s desirability.

The photos suggest the property is in good condition. It appears modern, well-maintained, and stylishly decorated. There is no visible evidence of significant repairs or renovations needed. The presence of a balcony is also a positive feature.

While the plot size is provided (761 sqft), there is no information about the nature of the outdoor space. Therefore, a detailed assessment of the “land” aspect cannot be made.

Considering the property’s condition, location, and size relative to the average for the area, the list price of £550,000 appears to be reasonably priced, especially considering the lower average price per sqft in the area. However, the lack of information regarding the specifics of the outdoor space and the significant difference in average sqft size compared to other properties in the area makes a definitive statement on value difficult.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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