Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Draper House, Elephant & Castle, London. It is situated in the North Walworth area of Southwark, with a postcode of SE1 6TH. The flat has a listed price of £350,000 and covers 359 square feet. The plot size is 460 square feet.

The property benefits from excellent transport links, being only 0.20 KM from Elephant & Castle station, providing access to the Thameslink network. Several other stations are within a reasonable distance, including Waterloo East, Waterloo, London Bridge, and Blackfriars, offering good connectivity across London. Furthermore, several primary schools with varying Ofsted ratings are within a kilometer radius, indicating options for families.

Based on the provided images, the property appears to be in good condition, with a modern and well-maintained interior. The kitchen and bathroom are contemporary and clean. There is no visible evidence of significant repairs or renovations needed.

While the provided data doesn’t offer details on the specifics of the land, the plot size of 460 square feet suggests a limited outdoor space, typical for a flat in a densely populated urban area like Elephant & Castle.

Considering the average price per square foot in the area is £906, and the property is listed at £350,000 for 359 square feet, this translates to approximately £975 per square foot. This is slightly higher than the average price per square foot for the area, however, given the location, transport links, and apparent condition of the property, the price may be considered reasonable within the context of the London market, particularly for a modern flat in a well-connected area. Further investigation into comparable properties in the immediate vicinity would be beneficial to refine 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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