Acorn says ..

Property Oracle says ..

The property is a 3-bedroom maisonette located in the St Giles area of Southwark, London. It’s listed at £400,000 and has 774.13 sqft of living space and an 864 sqft plot. The area has an average house price of £610,423 and an average price per sqft of £631. The property appears to be in good condition based on the provided images. The interior is clean and well-maintained, with a modern kitchen and updated flooring. There is no obvious evidence of significant repairs or renovations needed. The exterior is also in good condition. The property includes a balcony/patio area, providing some outdoor space. While not a large garden, it still offers some private outdoor space, which is a positive feature in a city location. Considering the average property price in the area is significantly higher (£610,423) than the listing price (£400,000), and given the property’s apparent good condition and the inclusion of a balcony, the list price appears to be reasonable, potentially even below market value. However, the lack of sqft data for comparable properties makes a definitive price comparison difficult. The average price per sqft in the area is higher (£631) than what this property offers, but the lower overall price and good condition may offset this.

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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