Oliver Jaques says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Rotherhithe, a neighbourhood in the London Borough of Southwark. It’s situated on Neptune Street and has a list price of £300,000. The flat is 374 square feet and sits on a plot of 521 square feet.

The location benefits from its proximity to several transport links, including Rotherhithe Overground station (0.37km), Canada Water Underground station (0.44km), and several bus routes. There are also a number of highly-rated primary schools within a reasonable distance, such as Albion Primary School and St Joseph’s Catholic Primary School, both rated ‘Outstanding’ by Ofsted. This makes the property attractive to families and professionals alike.

Based on the provided images, the property appears to be in reasonable condition, though some aspects might benefit from modernisation. The décor is dated in places, and a refresh could enhance its appeal. The bathroom, in particular, shows some signs of wear and tear. The property does not appear to require extensive renovations.

While the plot size of 521 square feet is not particularly large for a London property, it does offer some outdoor space in the form of a balcony, which is a desirable feature in a densely populated urban area.

Considering the average price per square foot in the area is £262, and the property is listed at £300,000, the price seems reasonable. The average price for similar properties in the area is £294,997, and while some nearby properties are listed at higher prices, others are significantly lower. The property’s location and access to amenities justify its price point within the context of the local market.

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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