London House says ..

Property Oracle says ..

The property is located in Hoxton, East London, a vibrant and trendy area known for its artistic scene, independent shops, and proximity to Shoreditch. The location benefits from several transport links, including Shoreditch High Street and Hoxton Overground stations, and Old Street Underground station, providing easy access to the City and other parts of London. There are also several highly-rated primary schools within a reasonable distance, which could be attractive to families. The area’s popularity and amenities contribute to a high demand for properties.

Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The kitchen and bathroom are contemporary and stylish, and the living spaces are bright and airy. There is no visible evidence of disrepair or the need for renovation.

The property includes a sizeable outdoor space in the form of a roof terrace. This adds significant value, especially in a densely populated urban area like Hoxton, where outdoor space is a premium. The terrace offers views of the city skyline.

Determining a fair price requires consideration of comparable properties. While the provided data lacks square footage for the subject property and many nearby listings, the available information suggests the asking price of £800,000 could be competitive. Nearby apartments in similar locations are listed at a range of prices, with some significantly higher. The property’s modern condition, outdoor space, and desirable location justify a higher price point compared to properties in need of renovation or lacking such amenities. However, without the square footage for the subject property, a definitive price-per-square-foot comparison cannot be made.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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