Urban Village says ..
A rarely available three double bedroom flat situated on the third (top) floor of this popular and sought after block. The property is well proportioned with a reception room, kitchen, three bedrooms and family bathroom. In need of cosmetic updating there is opportunity to put your own stamp on t...
This three-bedroom apartment on Hercules Road, London, in the Lambeth borough, presents a mixed opportunity for potential buyers. Located in SE1 7DX, it benefits from its proximity to Waterloo station, offering convenient access to central London and various transport links. The presence of several outstanding schools in the vicinity adds to its family-friendly appeal.
However, the property requires significant cosmetic updates. The photos clearly show dated kitchen and bathroom fittings, and the interior décor appears tired. While the layout seems functional, potential buyers should budget for renovations to modernise and increase the property's value. The absence of a private garden is a notable drawback, especially considering the popularity of outdoor space in the London market.
The listed price of £575,000 should be evaluated in relation to the local market. Nearby property prices show a range, and while the apartment's location is desirable, the necessary renovations might influence its perceived value. Further detailed analysis of comparable properties in the immediate area, factoring in their condition and features, is essential to accurately gauge the property's fair market value. Overall, it's a property with potential, but it requires careful consideration of the renovation costs before making an offer.
Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*
