Felicity J Lord says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Kerslake Mews, London, within the Woolwich Riverside area of Greenwich. The apartment is 560 square feet and has a private balcony. The list price is £82,500. The location benefits from proximity to Woolwich Dockyard Station (Zone 3) and the Woolwich Ferry, providing convenient access to public transport. Several schools, including Saint Mary Magdalene Church of England All Through School (rated ‘Good’ by Ofsted) and Cardwell Primary School (rated ‘Outstanding’), are within a reasonable distance. Based on the photographs, the property appears to be in excellent condition, with modern fixtures and fittings. The apartment is well-presented and shows no obvious signs of disrepair or needing renovation. The property does not appear to have a garden, as the plot size is listed as 0.00 sqft. However, it does have a private balcony. Considering the average price per square foot in the area is £661, and the property is 560 sqft, one might expect a price closer to £370,000. The list price of £82,500 is significantly lower than this estimated value. However, without further information on the property’s leasehold status, any further price analysis would be speculative. The significant difference between the list price and the estimated value based on average prices per sqft in the area requires further investigation to understand the rationale behind such a low price. This could be due to factors not included in the provided data.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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