Alex Neil Estate Agents says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located at Plover Way, Surrey Quays SE16, in the London Borough of Southwark. The flat is 524 sqft and situated on a 553.04 sqft plot. The list price is £425,000.

The property appears to be in good condition based on the provided images. The interior is modern and well-maintained with updated kitchen and bathroom fixtures. There is no visible evidence of significant repair or renovation needs.

The location is convenient, with several transportation options within a reasonable distance, including Surrey Quays Overground station (1.08km), Canada Water Underground station (1.25km), and New Cross Southeastern station (1.25km). Several schools with good Ofsted ratings are also nearby, making it an attractive location for families.

While the plot size is relatively small for a property in London, the presence of a small balcony/patio area is a positive attribute.

Considering the average price per sqft in the area (£709.00) and the property’s condition, location, and size, the list price of £425,000 seems reasonable, potentially even slightly below average considering the comparable properties listed nearby. However, the lack of sqft information for many comparable properties makes a precise price comparison difficult. The price may be considered competitive given the desirable location and good condition of the property.

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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