Felicity J Lord says ..

Property Oracle says ..

The property is a 2 bedroom flat located on Southwold Road in Lea Bridge, Hackney, with a list price of £525,000. The property has 717 sqft of living space and benefits from a private garden. The average price for a property in the area is £635,333, with an average price per sqft of £646. The property appears to be in excellent condition, recently renovated to a high standard with a modern, stylish finish. The kitchen and bathrooms are contemporary, and the living spaces are well-presented. The inclusion of a private garden is a significant advantage, particularly in a densely populated urban area. The location benefits from proximity to several highly-rated schools, including Southwold Primary School (Outstanding Ofsted rating) and Leaways School (Good Ofsted rating), both within a short walking distance. Several London Overground stations are also within reasonable commuting distance, providing excellent transport links. Considering the property’s condition, the desirable location, and the inclusion of a private garden, the list price of £525,000 appears to be reasonable, particularly when compared to the average price per sqft in the area. While the average price for properties in the area is higher, this property is smaller than average, and its excellent condition and private outdoor space may justify the price. Nearby comparable properties support this assessment, although a lack of sqft data for those properties makes a precise comparison difficult.

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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