Peach Properties says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment located in Ducaine Apartments, Merchant Street, Bow, E3 4PS. It is 760.47 sqft and has a list price of £425,000.

The apartment appears to be in good condition, with modern fixtures and fittings in the kitchen and bathrooms. The flooring and walls are clean and well-maintained, suggesting that the property is in good repair and doesn’t require significant renovation. The images show a modern, well-presented property.

The location is good, with several primary schools nearby (Phoenix School, Wellington Primary School, Central Foundation Girls’ School, and Malmesbury Primary School), all rated ‘Good’ or ‘Outstanding’ by Ofsted. Several transport links are also within a reasonable distance, including Hackney Wick, Limehouse, and Stratford International stations. This provides good access to central London and beyond. The lack of a garden is a factor to consider, as is typical for apartments in this area.

Considering the average price per sqft in the area is £689, and this property is listed at a price per sqft of approximately £559, the list price of £425,000 appears reasonable, particularly given the modern condition of the property and the proximity to good schools and transport. The nearby comparable properties support this assessment. While some nearby properties are listed at higher prices, these are often larger or different property types (terraced houses). The comparable apartment listings are within a reasonable range of the asking price.

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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