Your Move says ..

Property Oracle says ..

This two-bedroom, one-bathroom house in Rotherhithe, London, is listed at £460,000. The property’s location is a strong point. Its proximity to Canada Water station provides excellent transport links to Canary Wharf and the City. Nearby schools, including several rated ‘Good’ by Ofsted, add to its family-friendliness. The exterior presents as a modest, standard terrace house, but it does benefit from a small, enclosed rear garden. However, internal photos reveal that significant updating is needed. The kitchen is outdated, and the walls in various rooms display patching and cosmetic wear. Potential buyers should factor renovation costs into their assessment. While the asking price seems relatively competitive when considering similar properties in the area, the condition of the house suggests that some negotiation could be possible. Overall, this property offers a decent location and the advantage of a garden, but potential buyers must account for necessary improvements and potential costs associated with those repairs and updating. Further information on the average price per square foot in the area would enhance the analysis for a more precise assessment of price-to-value.

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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