Frank Harris & Co. says ..

Property Oracle says ..

The property is a studio flat located in King’s Cross, a central London location. King’s Cross benefits from excellent transport links, with multiple train stations (Euston, St Pancras, King’s Cross) within a short distance, providing easy access to various parts of London and beyond. The area also has a number of universities and schools nearby, including University College London and Maria Fidelis Catholic School, making it attractive to students and families. However, central London properties often come at a premium, and the lack of green space associated with studio flats is a factor to consider.

Based on the images, the property appears to be in reasonable condition, although some modernisation might improve its appeal. The bathroom and kitchen show some signs of age, but are functional. The overall impression is of a clean and well-maintained but somewhat dated property.

The property is a studio flat, so it does not have a garden or significant land associated with it. The plot size of 303 sqft is small, typical for a flat in a central London location.

The list price of £425,000 seems high considering the average price per sqft in the area is £1463. While the location is desirable, the small size (268.12 sqft) and lack of bedrooms significantly impact the value. The average price for properties in the area is significantly higher (£791,664), but these are likely larger properties. The nearby listings show a wide range of prices, with some studio flats being listed for less, suggesting the pricing of this property may be slightly optimistic. However, the proximity to excellent transport links and reputable educational institutions might justify a higher price per square foot than the area average.

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