Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

Rosebery Avenue, Clerkenwell, London, EC1R is a three-bedroom, two-bathroom flat with a list price of £625,000. The property has 608.53 sqft of internal space and a 764 sqft plot. Clerkenwell is a highly desirable area of London, known for its proximity to excellent transport links, including Farringdon station (0.85km), and highly-rated primary schools such as Hugh Myddelton Primary School (0.45km) and Christopher Hatton Primary School (0.47km), both rated as ‘Outstanding’ by Ofsted. The local area boasts a vibrant atmosphere with numerous shops and restaurants, exemplified by the nearby Exmouth Market.

The property itself appears to be in good condition based on the provided images. The interior is presented in a clean and modern style with recently installed laminate flooring and updated kitchen and bathroom fittings. There is no evidence of significant wear or damage requiring extensive renovation. The external view shows a typical London apartment block, which appears well-maintained.

While the plot size is relatively small for a London property, it does include a small balcony offering some outdoor space. The average price per sqft in the area is £1119, and the average property price is £865,104. Compared to this, the property’s list price of £625,000 appears to be relatively low, especially considering its location and condition. However, it’s important to note that the average price is likely influenced by larger properties, and the lack of sqft data for many nearby listings makes a direct comparison difficult. Nearby comparable flats on Rosebery Avenue and Wilmington Square range from £380,000 to £650,000, supporting the argument that £625,000 is within the reasonable range for this property.

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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