The Modern House says ..

Property Oracle says ..

The property is located in a vibrant and trendy area of East London. Hoxton and Shoreditch are known for their creative industries, independent shops, and excellent transport links. The proximity to Shoreditch High Street Overground station, Old Street Underground station, and Liverpool Street station provides easy access to the City and other parts of London. Several highly-rated primary schools are within a reasonable distance, making it an attractive location for families. The area is also known for its lively atmosphere, with numerous bars, restaurants, and cultural venues. Based on the provided photos, the property appears to be in excellent condition. It has been recently renovated to a high standard, featuring modern fixtures and fittings, while retaining some original character. The open-plan layout, high ceilings, and large windows create a spacious and airy feel. The property benefits from a well-designed kitchen and modern bathrooms. The property includes a roof terrace, offering outdoor space. While not a large garden, it provides a valuable amenity in a densely populated urban area. The list price of £3,950,000 for a 2,579 sq ft property works out to approximately £1,532 per sq ft. This is significantly higher than the average price per sq ft in the area (£1,795). However, the property’s superior condition, unique features (such as the roof terrace), and desirable location in a highly sought-after part of London could justify the higher price per sq ft. Nearby comparable properties on Charlotte Road support this higher price point, although data on sqft for nearby properties is limited. Considering the overall quality and location, the list price, while high, appears to be within the range of similar properties in the area.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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