Hamptons Sales says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in North Walworth, Southwark, London. It is situated on Heygate Street and has a list price of £535,000. The flat is 544 sqft and benefits from a balcony. The property’s location is convenient, with several transport links within a reasonable distance, including Elephant and Castle station (0.48 km). Several primary schools with “Good” Ofsted ratings are also nearby. This contributes to a positive location score. Based on the images provided, the property appears to be in excellent condition. It is modern, with a contemporary design and high-quality finishes. The kitchen and bathroom are modern and well-equipped. There is no visible evidence of wear or damage. This suggests a high condition score. The property does not have a private garden; however, it does offer access to communal outdoor areas, including a rooftop terrace and a landscaped courtyard. This access to communal outdoor space partially offsets the lack of a private garden. Considering the property’s location in a desirable area of London, its modern condition, and the access to communal outdoor space, the list price of £535,000 seems reasonable, although slightly below the average price for the area (£686,899). The average price per sqft in the area is £906, while this property is listed at approximately £983.71 per sqft. However, the smaller size of the property and the lack of a private garden could justify this price difference compared to other properties in the area. The presence of nearby comparables at lower prices also supports this assessment.

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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