The asking price of £500,000 for a 572.64 sq ft two-bedroom flat in Bayswater is in line with the average prices for similar properties in the area. While it may not be considered exceptionally good value, given the location and the relatively small plot size, it is a reasonable price within the current market conditions. Comparable properties in the area are similarly priced, indicating that the price reflects the market value.

Based on the provided photos, the property appears to be in generally good condition. The interior is clean, modern, and well-maintained. However, it is relatively small, lacks distinct character features, and may be considered somewhat basic in its finishes. While not needing significant repairs, some upgrades could potentially increase its value and appeal.

The property is located in Bayswater, a highly desirable area of London known for its proximity to Hyde Park, excellent transport links (including Bayswater and Queensway underground stations), and a vibrant mix of shops, restaurants, and cultural attractions. The presence of several well-regarded schools nearby further enhances its appeal to families. The specific street, Hatherley Grove, appears to be situated in a residential area, providing a quieter atmosphere while still offering easy access to the amenities of Bayswater.

The property is a flat with no garden or outdoor space, hence the low score. This is a common characteristic of flats in central London, but it limits the appeal to buyers seeking outdoor space.