Knight Frank - New Homes says ..

Property Oracle says ..

The property is a 2 bedroom, 3 bathroom apartment in Canary Wharf, a prime location in London. Canary Wharf is known for its excellent transport links, with Limehouse station just 1.46km away, providing access to the c2c rail network. The area also benefits from proximity to other transport options including the London Underground and Overground. The presence of several schools within a reasonable distance, including the Outstanding-rated Mayflower Primary School, adds to its family-friendliness. The area’s average price per sqft is £820, significantly lower than the price per sqft implied by the listing price of this property. However, the lack of plot size information and the limited details on the condition of comparable properties make a definitive comparison challenging.

The images reveal a high-quality, modern apartment with contemporary finishes and fixtures. The apartment appears to be in excellent condition, with no visible signs of disrepair or the need for renovation. The lack of information on the plot size makes it impossible to comment on the amount of land included with the property.

The list price of £2,100,000 for a 1,100 sqft apartment is significantly higher than the area average of £826,917. However, this discrepancy might be justified by the property’s location in Canary Wharf, known for its high property values. The high-quality finishes and modern design visible in the images also contribute to its higher price point. Nearby comparable properties lack sufficient data (missing sqft information) to allow for a more precise price comparison. More detailed information on the property’s specific features and amenities would be necessary to fully assess the price’s reasonableness.

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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