Felicity J Lord says ..

Property Oracle says ..

The property is a one-bedroom flat located on Stoke Newington High Street in Hackney, London. The flat is modern and well presented, boasting a contemporary kitchen and bathroom. The images show a property that is in excellent condition and has been recently renovated to a high standard. The herringbone wooden flooring adds to the overall aesthetic appeal. The location is excellent, with Stoke Newington High Street offering a vibrant mix of independent shops, cafes, and restaurants. The proximity to Stoke Newington Overground station provides easy access to central London, making it convenient for commuters. Several highly-rated primary schools are within a short distance, making it an attractive option for families. While the plot size is listed as 0.00 sqft, the property itself is 406 sqft. This is a relatively small size for a flat in this area. However, given its modern condition and desirable location, it is likely to appeal to a range of buyers. The list price of £395,000 is significantly below the average price for properties in the area (£1,148,222). However, it’s important to note that the average price is likely influenced by larger properties. The average price per sqft in the area is £876, while this property’s price per sqft is approximately £973. Considering its modern condition and the desirable location, the price seems reasonable, although it is slightly above the average price per sqft for the area. However, this difference could be justified by the property’s modern condition and the lack of land. More comparable properties need to be analyzed to make 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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