While the price of £1,550,000 seems high at first glance, comparing it to similar properties in the area reveals it to be relatively reasonable. Similar two-bedroom apartments in Principal Tower are listed at around this price. Given its location, condition, and amenities (access to building facilities), the asking price reflects the current market value for properties of this type in this particular area. However, the lack of plot size compared to the asking price does slightly lower the overall valuation.

Based on the provided photos, the property appears to be in excellent condition. The apartment is modern, well-maintained, and stylishly furnished. The fixtures and fittings are high-end. There is no visible evidence of significant wear and tear or needed repairs.

The property is located in Principal Tower, in the heart of Shoreditch, a highly desirable and trendy area of London. It benefits from excellent transport links (Liverpool Street station is within walking distance), proximity to various amenities (shops, restaurants, etc.), and numerous cultural attractions. The presence of well-regarded schools nearby also adds to its appeal. This makes it a very desirable location.

The property is an apartment within a high-rise building. As such, there is no private garden or significant land associated with the property. This is typical of high-density urban living in central London.