Hammonds says ..

Property Oracle says ..

The property is a 3-bedroom flat located on Bow Road, London, with a list price of £485,000. The property has 721 sqft of living space and is situated in the Tower Hamlets borough.

The location is excellent, with several primary schools nearby that have received a \“Good\” or \“Outstanding\” Ofsted rating, including Phoenix School (Outstanding) which is just 0.11km away. The area also benefits from good transport links, with several Overground and National Rail stations within a 3km radius. This makes the property attractive to families and commuters alike.

Based on the provided images, the property appears to be in fair condition. While it is habitable, some areas, particularly the bathroom, show signs of wear and tear and could benefit from some modernisation. The kitchen seems functional but dated. Overall, the property doesn’t appear to require extensive renovation but some updating would improve its appeal and value.

The property lacks a garden, as indicated by the 0.00 sqft plot size. This is a common feature of flats in urban areas like Bow Road.

Considering the list price of £485,000, the average price in the area is £453,378 and the average price per sqft is £689. This property is slightly above the average price, but with 721 sqft, the price per sqft is approximately £672, which is slightly below the average. Given the property’s location, proximity to amenities and schools, and the condition of the property needing some modernisation, the list price appears to be reasonably competitive. However, the lack of a garden might slightly affect its desirability compared to properties with outdoor space.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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