Stirling Ackroyd says ..

Property Oracle says ..

The property is a studio flat located in Coate Street, London, E2 9AG. It is a 350 sqft property listed at £285,000. The property appears to be in reasonable condition, although some modernisation may be desirable. The bathroom and kitchen, in particular, show signs of age and could benefit from updating. The flooring and walls throughout appear generally clean and well-maintained, however, the overall aesthetic is somewhat dated. The location is good, with several primary and secondary schools within a short distance, offering families easy access to education. There are also several transportation links nearby, including the London Overground and Underground, providing convenient access to other parts of London. While the property itself has no land, its location in a well-connected area of London, close to amenities and schools, is a significant positive. Considering the average price per sqft in the area is £604 and the property is listed at £285,000, the price seems reasonable for a studio flat in this location, especially considering the average price of properties in the area is significantly higher. However, the lack of plot size and the need for potential modernisation should be factored into the overall valuation.

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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