HOBARTS says ..

Property Oracle says ..

This one-bedroom, one-bathroom flat located on Palace Gates Road in Alexandra Park, Haringey, is presented as an ideal investment or first-time buyer opportunity. The property’s description highlights its need for refurbishment, which is clearly evident in the provided photographs. The interior features dated decor and shows signs of wear and tear throughout, indicating a need for modernisation and updating. The property’s size, approximately 409 sqft, is modest, typical of flats in the area, and it is lacking any private outdoor space. While requiring significant work, its location near Alexandra Palace and the presence of nearby amenities, transport links, and schools contributes to its market appeal. The list price of £219,950 would need to be assessed against other comparable properties in the area considering condition and size to determine if it truly represents value for money. The listing emphasizes its potential, and after refurbishment, it would attract potential buyers or tenants. Overall, this property presents a project-based opportunity, and the final value will greatly depend on the extent of renovation undertaken and the local market conditions at the time of sale.

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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