Acorn says ..

Property Oracle says ..

The property is a 1 bedroom, 1 bathroom apartment located in the Borough & Bankside area of Southwark, London. The apartment is 203 sqft and situated on a 527 sqft plot. The list price is £355,000. The location is excellent, with several transport links nearby including Elephant and Castle station (0.68km), Waterloo East (1.34km), London Bridge (1.37km), Blackfriars (1.47km), and Cannon Street (1.49km) stations. There are also a number of well-regarded schools within a short distance, including The Cathedral School of St Saviour and St Mary Overie (0.50km), which has an outstanding Ofsted rating. This makes the property attractive to families and professionals alike. Based on the provided images, the property appears to be in reasonable condition. While it is not brand new, it is clean and habitable. There is no obvious evidence of significant damage or disrepair. The kitchen and bathroom appear relatively modern. The property does benefit from a small, manageable garden. Considering the average price per sqft in the area (£1069) and the property’s size (203 sqft), a rough estimate of the property value would be around £216,807. However, the list price of £355,000 is significantly higher. While the location is desirable and the property has a small garden, the price seems high relative to the size and condition of the property, especially when compared to nearby comparable properties. The average price for similar properties on Collinson Walk is around £360,000, suggesting that the list price is within the range of comparable properties. However, the significantly lower average price per sqft in the wider area suggests that the list price may be slightly inflated.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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