CORE RESIDENTIAL says ..

Property Oracle says ..

London Lane is located in the fashionable London Fields area of Hackney, East London. The property is a penthouse apartment, and the area is known for its vibrant atmosphere, independent shops, cafes, and proximity to the beautiful London Fields park. The nearby London Overground station provides easy access to other parts of London. Several well-regarded schools are within a reasonable distance, making this location attractive to families. However, it’s worth noting that Hackney is a popular area, and property prices tend to be high.

Based on the photos, the property appears to be in excellent condition. It is modern, light, and well-presented, with a contemporary design and high-quality fixtures and fittings. There is no visible evidence of damage or disrepair. The property benefits from a private balcony, offering outdoor space.

The property has a private balcony, offering some outdoor space. While not a large garden, it still provides a valuable amenity, especially for a penthouse apartment in a busy urban setting.

The list price of £900,000 for a 1,069.72 sqft penthouse apartment in London Fields is in line with the average price per sqft in the area (£962.00). Considering the property’s modern condition, desirable location, and inclusion of a balcony, the asking price appears reasonable. However, a direct comparison with nearby properties is difficult due to the lack of sqft data for many of the nearby listings. The average price in the area of £816,866 is lower, but this is an average and does not reflect the premium typically associated with penthouse apartments.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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