Next Move says ..

Property Oracle says ..

The property is a 3-bedroom maisonette located in Hackney, London, with a list price of £475,000. The property has recently undergone some modernisation, as evidenced by the images. The flooring and kitchen appear new, and the walls have been freshly painted. The location in Clissold, Hackney, is generally considered desirable. The proximity to several well-regarded primary schools (Newington Green Primary School, Grasmere Primary School, St Matthias Church of England Primary School, and The Garden School, all rated \‘Good\’ or \‘Outstanding\’ by Ofsted) makes it attractive to families. Furthermore, the area is well-served by public transport, with several London Overground stations within a reasonable distance. Based on the images, the property appears to be in good condition. There is no visible evidence of significant damage or disrepair. The modernisation works appear to have been completed to a reasonable standard. However, the lack of outdoor space is a notable drawback. The plot size is listed as 0.00 sqft, indicating no garden. Considering the average price per sqft in the area (£548) and the property’s size (705 sqft), a rough estimate of the property’s value would be around £387,000. The list price of £475,000 is significantly higher than this estimate. While the location and condition are positive factors, the lack of outdoor space and the significant price premium compared to the average price per sqft in the area suggest that the property may not represent exceptional value for money. Nearby properties show a range of prices, with some significantly lower than the asking price, further supporting this conclusion.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images