Foxtons says ..

Property Oracle says ..

The property is located in Shadwell, London, a vibrant and historic area with good transport links. Shadwell Overground station is within walking distance, providing easy access to other parts of London. Several primary schools with good Ofsted ratings are also nearby, making it an attractive location for families. The area benefits from its proximity to the River Thames and various amenities, although the immediate street may not be as affluent as some other parts of London.

Based on the provided images, the property appears to be in reasonable condition, though it could benefit from some modernisation. The kitchen and bathroom look functional, but may not be considered modern or luxurious. The property shows signs of wear and tear, suggesting that some maintenance or minor repairs might be necessary. The property also seems to benefit from a garden, which is a desirable feature in London.

Considering the list price of £500,000, the average price in the area of £497,121, and the property’s size of 888 sqft, the price per sqft is approximately £562. This is significantly lower than the average price per sqft of £748 in the area. However, the condition of the property and the presence of a garden should be considered. While the property may need some updating, the lower price per sqft compared to the average might make it a reasonable purchase for someone looking for a property in this location that requires some work. The nearby comparable properties, while varying significantly in price, suggest that the list price is within the range of what one might expect for a 3-bedroom flat in the area, although further analysis of the specifics of those properties would be needed to confirm 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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