Acorn says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom flat situated in the Lambeth borough of London, with a total area of 622 sqft. The list price is £450,000. The area boasts an average property price of £934,044 and an average price per sqft of £1,054. The property is conveniently located near Vauxhall station (0.80km), providing easy access to public transport. Several highly-rated schools are also within close proximity, including Vauxhall Primary School (Outstanding Ofsted rating, 0.19km) and Lilian Baylis Technology School (Outstanding Ofsted rating, 0.49km). This makes the property attractive to families. The photos reveal a recently renovated flat in good condition. The interior features modern fixtures and fittings, suggesting a high standard of finish. The kitchen and bathroom appear updated and well-maintained. The flooring appears to be recently installed. There is no evidence of any significant repairs or renovations needed. The property’s plot size is listed as 0.00 sqft, indicating a lack of private outdoor space. This is a common feature in London properties, especially flats. Considering the property’s location, condition, and lack of land, the list price of £450,000 appears relatively reasonable compared to the average price of nearby properties. While the average price in the area is substantially higher (£934,044), this figure may be skewed by larger properties or those with more desirable features. The price per sqft is lower than the area average (£1,054), further supporting the notion that the list price is in line with market expectations for a similar property in this location. Nearby comparable properties are listed at similar prices, further supporting this conclusion.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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