Acorn says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located on Old Kent Road in Southwark, London. The apartment is 129.41 square feet and situated on a 624.00 square foot plot. The list price is £395,000.

The property appears to be in good condition based on the provided images. The apartment has been recently renovated or updated, with a modern kitchen and bathrooms. The flooring and walls are in good condition and the property is well-maintained.

While the plot size is relatively small for London, it is sufficient for an apartment of this size. There is no visible garden space.

Considering the average price per square foot in the area is £906, and the average property price is £686,899, the list price of £395,000 for this 129.41 sqft apartment seems relatively low. However, this needs to be considered in the context of other properties in the area. Nearby properties show a range of prices, with some significantly lower than the average. The lower price point of this property may be due to its relatively smaller size compared to the average. The location, close to transportation links and schools, adds value.

The location is convenient, with good access to public transportation and several schools nearby. The proximity to London Bridge and Elephant & Castle stations provides easy access to central London and other parts of the city. The presence of several well-rated schools within a short distance is a positive aspect for families.

Based on the provided information, the property presents a good value proposition, considering its condition, location, and price.

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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