Chestertons Estate Agents says ..

Property Oracle says ..

This two-bedroom, one-bathroom flat located on Peterborough Road in Parsons Green, SW6, presents a unique opportunity for a buyer willing to undertake a full renovation. The property, listed at £500,000, is situated in a highly sought-after area known for its excellent schools (including Sulivan Primary School and The Hurlingham Academy, both rated ‘Good’ by Ofsted), green spaces, and convenient access to transport links. However, the property’s current state is significantly below average. The photographs clearly depict a property requiring comprehensive refurbishment, with outdated fixtures, worn carpets, and damaged walls. The lack of garden space is also noteworthy. Whilst the location offers substantial advantages, the extensive renovation needed and the lack of land directly impact the overall value proposition. Potential buyers need to carefully consider the costs associated with the necessary renovation and factor these into the overall assessment of value. The absence of comprehensive square footage data for nearby properties hinders a precise comparative price analysis; however, a careful consideration of both location and the essential work needed brings a balanced perspective to the £500,000 list price.

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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