Acorn says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Greenwich, London, with a list price of £350,000. The apartment is 544.95 sqft and has a 680 sqft plot size. The area has an average house price of £621,755 and an average price per sqft of £713. Based on the provided images, the property appears to be in satisfactory condition, although some modernisation would likely improve its overall appeal and value. The décor is dated, and some minor repairs or updates might be needed in certain areas. The kitchen and bathroom show signs of age and could benefit from refurbishment. The property benefits from access to outdoor space in the form of a balcony and communal garden. While the garden appears to be a communal area, the availability of outdoor space is a positive feature, particularly in a densely populated area like London. The size of the plot is relatively small compared to the average for the area. Considering the property’s location in Greenwich, proximity to transportation links (St Johns station is 0.52km away), and the presence of several well-regarded schools within a reasonable distance (Morden Mount Primary School is 0.39km away, and several others are within 0.7km), the location is considered to be reasonably good. However, the average house price in the area is significantly higher than the listing price of this property. The list price of £350,000 is considerably lower than the average house price for the area. This suggests that the property might be undervalued, particularly considering its location and access to amenities. However, the condition of the property and the relatively small size must be taken into account. The lower price may reflect the need for modernisation and the smaller size compared to average properties in the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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