Acorn says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Montague Square, Peckham, London. The apartment is situated in the Nunhead & Queen’s Road locality of Southwark, Greater London. The location benefits from being relatively close to several transport links, including Queens Road Peckham station (0.60 KM), Nunhead station (1.15 KM), South Bermondsey station (1.24 KM), New Cross Gate station (1.43 KM), and Surrey Quays station (1.90 KM). This provides good access to various parts of London. There are also several well-regarded schools within a reasonable distance, such as Kender Primary School (0.35 KM) and The St Thomas The Apostle College (0.79 KM), offering families convenient schooling options. Based on the provided images, the property appears to be in good condition. It has been recently updated with a modern kitchen and bathroom, and the overall aesthetic suggests a well-maintained space. There is no visible evidence of significant repairs or renovations being needed. The property also includes a small balcony, offering some outdoor space. The list price of £450,000 is considerably lower than the average price for the area (£613,278). However, the average property size in the area is 904 sqft, while this property is only 827 sqft. The average price per sqft in the area is £678, so this property would be valued at approximately £560,000. Considering the property’s apparent good condition and convenient location, the list price could be considered reasonable, especially when compared to other nearby properties with similar features. The lack of plot size information prevents a more detailed analysis of the land value. Considering the factors above, the property presents a potentially attractive opportunity for buyers. The lower price point compared to the average for the area, combined with the good condition and transport links, makes it a potentially strong contender in the market. The lack of plot size, however, is a factor that may influence buyer decisions.

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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