Benham & Reeves says ..

Property Oracle says ..

This listing is for a secure underground parking space located in the King’s Cross area of London. The property is situated within a modern building, offering convenient access to King’s Cross and St Pancras International stations. The location is a major selling point due to its proximity to transport links and the ongoing regeneration of King’s Cross. However, the property itself is just a parking space with no living accommodation. The condition of the garage appears to be satisfactory for its use; while it isn’t luxurious, it functions adequately. The images show the space is in a building with what appears to be quality modern finishes. Given the lack of land, other nearby listings, a lack of comparable data on pricing for similar properties, and its functional nature, makes it difficult to definitively comment on the property’s value beyond the context of being a centrally located parking space. The price is quite low compared to other properties in the area and likely reflects the scarcity of parking spots rather than the physical space itself. Potential buyers should consider their need for parking and the convenience of this central location when assessing the value proposition. The lack of square footage and plot size data points for the property also prevents any further analysis on the value for money aspects of the property.

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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