So Resi says ..

Property Oracle says ..

The property is a 2-bedroom flat located in East Ferry Road, Isle of Dogs, London, with a list price of £117,500. The flat is 635.04 sqft and situated on a 742 sqft plot. The average property price in the area is significantly higher, at £836,380, with an average price per sqft of £1023. The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is no visible evidence of damage or disrepair. The flat benefits from a balcony offering views of the surrounding area. While the provided data does not offer specific details about the garden, the images suggest the presence of a small balcony. This is a significant advantage, especially for a flat in a densely populated area like London. Considering the average property price in the area (£836,380) and the average price per sqft (£1023), the list price of £117,500 for this 635.04 sqft flat appears exceptionally low. This significant price discrepancy requires further investigation to understand the rationale behind such a low listing price. It’s possible there are undisclosed issues affecting the value, or the property might be undervalued in the current market. More information is needed to accurately assess the price. The location is within reasonable proximity to several schools and transportation options. However, the quality of the schools and the convenience of the transportation links require further investigation. The proximity to Canary Wharf suggests potential for high rental income, though this would need to be verified.

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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