JOHNS&CO says ..

Property Oracle says ..

London City Island is a relatively new development, and therefore there is limited historical data to assess the property’s value. The property is a three-bedroom, two-bathroom apartment with 1,101.04 sqft of living space. Based on the images provided, the apartment appears to be in excellent condition, with modern fixtures and fittings. The open-plan living area and kitchen are spacious and well-designed. The bedrooms are also well-proportioned and benefit from built-in wardrobes. The property also benefits from a balcony offering views of the surrounding area.

The lack of plot size information suggests that this is an apartment within a larger development, and therefore, there is no garden. The location on London City Island offers attractive views and proximity to the River Thames. However, the immediate surroundings are still under development, and the area may lack some amenities that more established areas possess. Transport links are within a reasonable distance, with several tube and rail stations accessible. The proximity to schools is a positive factor for families, although further investigation into the quality of those schools would be beneficial.

Considering the average price per sqft in the area is £1,023, and the listed price for this property is £800,000, the price per sqft works out to be approximately £726. This suggests that the asking price is slightly below the average for the area, taking into account the size and apparent condition of the property. However, the lack of historical data and the ongoing development of the area make it difficult to definitively assess the value. More information on comparable properties in the immediate vicinity would be helpful in making a more accurate assessment.

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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