STANLEY PROPRTY LONDON says ..

Property Oracle says ..

This one-bedroom, one-bathroom apartment located on the Kings Road in Chelsea presents a mixed bag of attributes. Its location is undoubtedly a significant strength; Chelsea is a highly sought-after area of London known for its affluent residents, beautiful architecture, and excellent amenities. The proximity to top-rated schools, various transport links, and a wealth of shops and restaurants further enhances its appeal. The property’s small private courtyard garden also adds value, offering a rare outdoor space in this densely populated area.

However, based on the provided photos, the property’s condition appears somewhat dated. The kitchen and bathroom, in particular, seem in need of modernization. While the apartment appears clean, an updated interior would elevate its overall appeal and likely command a higher price.

The price of £500,000 for a one-bedroom apartment in Chelsea requires careful consideration. While it might be slightly below average for the location, it’s crucial to factor in the modernisation needed. A prospective buyer should weigh the cost of renovation against the property’s existing condition and its prime location. The lack of precise square footage data for nearby comparables prevents a fully accurate per-square-foot price comparison. Overall, this property offers a potential investment opportunity in a sought-after location, but prospective buyers should have a realistic budget for refurbishment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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