LONDON & COUNTRY says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located in the Kennington area of Lambeth, London. Kennington benefits from excellent transport links, with several stations within a reasonable distance, including Oval station. The area also has a good selection of schools, including several rated \‘Outstanding\’ by Ofsted, which is a significant positive for families or those looking to invest in a property with strong rental potential.

The provided images showcase a modern, well-presented flat. The kitchen and bathroom appear to be newly renovated or in excellent condition. The living area is also modern and well-designed. The overall condition of the property seems high, suggesting minimal need for repairs or renovations.

While the plot size and square footage are not specified, the property’s location in a desirable area of London, coupled with its modern condition, suggests it is likely to be a desirable property.

The list price of £700,000 is significantly lower than the average price of £934,044 for the area. However, without knowing the property’s square footage, a definitive conclusion on the price’s reasonableness cannot be made. Considering comparable properties in the area, some are listed at a higher price, while others are lower. The lack of square footage information makes a precise price per square foot comparison impossible. Further investigation into the specific size of the property is needed to accurately assess the value for money.

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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