Alex & Matteo says ..

Property Oracle says ..

This one bedroom flat is located in South Bermondsey, a relatively affordable area of London compared to other central locations. The property appears to be modern, recently renovated, and in excellent condition. The images show a contemporary kitchen and bathroom, and the living space is well-presented. While the plot size is zero, suggesting a lack of private garden space, the location benefits from proximity to several highly-rated schools, including Harris Academy Bermondsey (Outstanding Ofsted rating), and various transport links such as South Bermondsey train station. The list price of £375,000 is higher than the average price for the area (£294,997), but considering the property’s modern condition and convenient location, it may be considered reasonable, particularly when compared to nearby flats with similar features. The average price per sqft in the area is £262, and while the provided sqft for the property is 464, this is significantly smaller than the average, which may account for the price difference. Further analysis of comparable properties in the immediate vicinity would be beneficial to determine the accuracy of the list 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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