John Payne says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment located in Greenwich, London, with a list price of £475,000. The apartment has a size of 823.25 sqft and a plot size of 795 sqft. Greenwich is a desirable area in London, known for its historical significance, Royal Observatory, and proximity to the River Thames. The location benefits from good transport links, with Greenwich station within walking distance, providing easy access to central London. Several schools are nearby, including St Alfege With St Peter’s Church of England Primary School, which has a ‘Good’ Ofsted rating. The area also has various amenities, including shops and restaurants.

The apartment itself appears to be in excellent condition based on the provided images. It is modern and well-maintained, with a contemporary design and high-quality fixtures and fittings. The kitchen and bathrooms are modern and well-equipped. The apartment benefits from a balcony, offering additional outdoor space.

Considering the average price per sqft in the area is £713, and the apartment is 823.25 sqft, a comparable property might be expected to list around £586,000 (£713 x 823.25). The list price of £475,000 is significantly lower than this estimated value. However, it’s important to note that the average price and price per sqft are based on broader area data and may not perfectly reflect the specific value of this apartment. The lower price may be due to several factors, including the size of the plot, specific features of the apartment, or market conditions.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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