Brickworks says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located on Mountgrove Road in Hackney, London. It is 568.16 square feet and has a 369 square foot plot. The asking price is £495,000.

The flat appears to be in excellent condition. The images show a recently renovated interior with a modern kitchen and bathroom. The décor is stylish and contemporary. There is no evidence of wear and tear or the need for repairs.

The property benefits from a private outdoor space, a decked roof terrace. While not extensive, it provides valuable outdoor amenity space, rare in flats of this size in London.

The location in Hackney, specifically Mountgrove Road, is desirable. It’s within easy reach of excellent transport links, including several London Underground and Overground stations. The area also boasts several highly-rated primary schools within a short distance. The proximity to these amenities adds significant value to the property.

Considering the property’s excellent condition, desirable location, and the inclusion of a private terrace, the asking price of £495,000 appears reasonable, particularly when compared to the average price per square foot in the area (£776). While the average property price in the area is significantly higher (£976,074), this is influenced by larger properties. The comparable properties on Mountgrove Road, although limited in data provided, suggest the asking price is within the market range for a one-bedroom flat in this location. The lack of square footage information for nearby listings makes direct comparison challenging, however, the price point appears competitive given the property’s condition and features.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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