Daniel Cobb says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom flat located in Spa Road, London, SE16. The flat is 659 sqft and is listed at £595,000. The property benefits from a good location, being close to several transport links including London Bridge station (1.55km) and a number of highly-rated schools such as Kintore Way Nursery School and Children’s Centre (0.11km) and Harris Academy Bermondsey (0.61km). This makes it attractive to families and commuters. Based on the images provided, the property appears to be in excellent condition. It is modern, clean, and well-maintained with a contemporary design. There is evidence of a private balcony or terrace, which adds to the property’s appeal. While the plot size is only 659 sqft, which is relatively small for London, the property does include a private outdoor space. Considering the average price per sqft in the area is £1090, and this property is listed at approximately £903 per sqft, the list price of £595,000 appears to be relatively reasonable, particularly given the property’s condition and location. However, it is worth noting that the average price for properties in the area is significantly higher (£1,050,482), suggesting that this property may be undervalued. The average prices of nearby properties vary considerably, with some significantly higher and others lower, indicating a degree of price fluctuation in the immediate area.

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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