Foxtons says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Caspian Wharf, Bow, London. The flat is 658.11 sqft and is listed at £500,000.

The location is good, with several transportation options within a 3km radius, including Limehouse (c2c), West Ham (London Underground), Hackney Wick (London Overground), Stratford (TfL Rail), and Stratford International (HS1 Ltd). There are also several schools nearby, including St Saviour’s Church of England Primary School and Manorfield Primary School, both rated as Outstanding by Ofsted. The average price for properties on Bow Exchange is £487,727, suggesting the listed price is within the expected range for the area.

Based on the photos, the property appears to be in excellent condition. It is modern and well-maintained, with a contemporary kitchen and bathrooms. The property also benefits from a large private outdoor space, in the form of a decked patio, which adds significant value.

The lack of plot size information prevents a definitive assessment of the land aspect. However, the presence of a substantial private patio suggests that although the property itself has no garden, there is still significant outdoor space available for use.

Considering the property’s condition, location, and available outdoor space, the list price of £500,000 appears reasonable, especially when compared to the average price per sqft in the area (£614) and the prices of nearby comparable properties. The property is modern, well-maintained, and located in a desirable area with good transport links and schools. The additional outdoor space further enhances its value.

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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