Upper Class Estates says ..

Property Oracle says ..

This listing from Upper Class Estates presents a single parking space located in an underground car park in Gibson Gardens, Stoke Newington, Hackney, London. The location benefits from proximity to Stoke Newington Overground station and several schools, implying a generally desirable area. However, crucial details such as the size of the parking space and the exact specifications are missing. The images reveal a concrete parking space in an underground facility that appears in need of a good clean. The floor shows significant staining and wear; maintenance would likely improve its condition. The absence of any information regarding nearby comparable properties or the average price per square foot for parking spaces in the area significantly hinders a comprehensive valuation. While Stoke Newington is known as a desirable area in London, the £19,000 asking price for a parking space is extremely high, based on general market knowledge of London property prices. More information, particularly regarding the size and any associated rights, is needed for a thorough assessment of the property’s value and market competitiveness.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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