Foxtons says ..

Property Oracle says ..

This listing from Foxtons is for a parking space situated within The Madison development on Emerson Street in the Borough and Bankside area of Southwark, London. The location is a significant strength. Borough is a vibrant and well-connected area, with excellent transport links via London Bridge station. The proximity to Borough Market, a renowned food market, adds to the area’s appeal. Several highly-rated schools are also within walking distance. The parking space itself is located in a secure underground car park. The provided images showcase a functional, relatively clean, underground parking facility; the photos do not show extensive features beyond basic parking structure. However, the price of £35,000 for a parking space must be considered in the context of the local market. While London property prices are generally high, the price for this parking space might be considered high in relation to available data regarding similar properties in the area. There is no garden or other land included. Potential buyers should carefully weigh the cost against the convenience of having a secure parking space in this central location. The lack of information regarding leasehold vs freehold should be carefully investigated by potential buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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