Garrett Whitelock says ..

Property Oracle says ..

Location: The property is located in the Borough and Bankside area of Southwark, London. This area benefits from excellent transport links, with Blackfriars station just 0.44km away, providing access to Thameslink services. Waterloo East and City Thameslink stations are also within a reasonable distance. The proximity to the River Thames adds to the desirability of the location. Several schools are nearby, including Friars Primary Foundation School which has a good Ofsted rating. The location is therefore considered to be a significant positive aspect of this property.

Condition: The property appears to be well-maintained, although the style of decor and furnishings may not appeal to all buyers. The bathrooms and kitchen appear updated and in good condition. The overall impression from the images is one of a property that is in good condition and does not require significant renovation.

Land: While the property is an apartment, it includes a balcony/patio area offering outdoor space. The plot size of 2,375 sqft is relatively large for a London apartment, suggesting a good amount of private outdoor space.

Price: The list price of £2,500,000 is significantly higher than the average price of £1,089,188 for the area. However, the property is considerably larger than average at 1,669.21 sqft compared to the average of 1,018 sqft. The average price per sqft in the area is £1,069, while this property’s price per sqft is approximately £1,497. While above average, the price seems justifiable considering the size, location, and apparent good condition of the property. The inclusion of a balcony/patio and the views further contribute to the justification of the higher price per sqft. The nearby comparable properties listed at £2,500,000 and £2,400,000 support the pricing.

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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