Martyn Gerrard says ..

Property Oracle says ..

This one-bedroom apartment located on Gaisford Street in Kentish Town, NW5 is listed at £450,000. The property is situated in a desirable area of London, close to transport links (Kentish Town tube station being 0.33km away) and well-regarded schools (Kentish Town Church of England Primary School, rated as Outstanding by Ofsted, is just 0.21km away). The apartment itself is presented in a functional style, though the pictures reveal a slightly dated interior that might require modernisation to appeal to many contemporary buyers. It is a raised ground floor apartment within a period building, which is a common feature in Kentish Town, indicating a good architectural quality. Although there's no indication of a private garden, access to communal gardens is mentioned. This is a significant factor for a one-bedroom flat, influencing buyer interest. The lack of a private outdoor space is a drawback in comparison to properties in the surrounding streets which offer larger spaces and more substantial garden areas. The price of £450,000 should be considered in relation to comparable properties in the vicinity. Prices per square foot are unavailable from the given information, making a detailed evaluation of price per square foot difficult. However, neighboring streets such as Hammond Street show significantly higher average prices, indicating that the asking price could be competitive but not necessarily a fantastic bargain given the current market context and the condition of the property. Overall, the property represents an opportunity for first-time buyers or investors in a popular London location, with some potential for appreciation given the area’s desirability, but the buyer should weigh the need for potential upgrades against the competitive asking price and limited outdoor space. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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