FMX PROPERTIES LTD says ..

Property Oracle says ..

Charrington Tower is a modern residential development located in the Blackwall & Cubitt Town area of London. The property is a 2-bedroom, 2-bathroom apartment with 550.14 sqft of living space. Based on the provided photos, the apartment appears to be in excellent condition with modern fixtures and finishes. The kitchen and bathrooms are contemporary and well-maintained. The flooring and overall presentation suggest a high standard of upkeep.

The location in Blackwall & Cubitt Town offers proximity to Canary Wharf, a major financial district, providing good transport links and employment opportunities. Several schools are within a reasonable distance, including Woolmore Primary School (rated ‘Good’ by Ofsted) and Culloden Primary (rated ‘Outstanding’). While the plot size is listed as 0.00 sqft, indicating no private garden, residents benefit from communal amenities, including a swimming pool and a gym, as shown in the provided images. These amenities add value to the property.

Considering the average price per sqft in the area is £1,023, and the listed price of this 550.14 sqft apartment is £880,000, the price per sqft works out to approximately £1,599. This is significantly higher than the area average. However, the modern condition, amenities, and desirable location in a sought-after area of London could justify a premium price. The higher price per sqft may reflect the premium associated with living in a modern, well-maintained building with access to excellent amenities and transport links. Several comparable properties in Charrington Tower are listed at significantly lower prices, suggesting that the listed price of £880,000 might be on the higher end of the market value for a similar property.

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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