Freder says ..

Property Oracle says ..

The property is a three-bedroom, four-bathroom penthouse apartment located in the prestigious 250 City Road development in Islington, London. Based on the provided images, the apartment appears to be in excellent condition, with modern fixtures and finishes throughout. The kitchen is contemporary and well-equipped, and the bathrooms are luxurious. The herringbone wood flooring adds a touch of elegance. The apartment boasts expansive windows offering stunning city views. The location is a significant advantage. The proximity to various transportation links, including Farringdon, City Thameslink, and Old Street stations, ensures excellent connectivity. The presence of several highly-rated schools, such as Dallington School and City of London Primary Academy, Islington, within close proximity makes this location attractive to families. While the listing mentions a penthouse apartment, no information on the presence of a garden or outdoor space beyond a small roof terrace is provided. The small roof terrace is a bonus, but it is not a significant amount of land. Considering the property’s condition, location, and the limited information on land, the list price of £3,400,000 appears high compared to the average price of £1,044,220 in the area. However, the average price per square foot of £1,127.00 does not provide a sufficient comparison point due to the lack of square footage data for the comparable properties. The property’s premium location, luxurious finishes, and expansive views justify a higher price point than the average for the area. More data on comparable properties with similar features would be needed to provide a more definitive assessment of the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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