Felicity J Lord says ..

Property Oracle says ..

The property is a 2 bedroom flat located in Lansbury, Tower Hamlets, London. It is listed at £500,000 and has 674.25 sqft of living space. The average price for a property in the area is £495,011 with an average price per sqft of £640. The flat appears to be in excellent condition, having undergone a recent modernisation. The kitchen is modern and well-equipped, and the living areas are bright and spacious. The property benefits from a private balcony offering views of the surrounding area. The location is good, with several outstanding primary schools within a short distance. Public transport links are also readily available, with several stations within a 3km radius. While the plot size is 0.00 sqft, the property does have a private balcony, providing some outdoor space. Considering the property’s excellent condition, desirable location, and modern amenities, the asking price of £500,000 appears reasonable, especially when compared to the average price per sqft in the area. The price is slightly above average, but this is likely justified by the property’s modern features and excellent condition. Nearby comparable properties support this assessment, although a lack of sqft data for those properties makes precise comparison difficult.

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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