Considering the property’s size (775 sq ft), location in Hackney, and the condition requiring some updating, the list price of £550,000 appears relatively reasonable, though not exceptionally good value. Nearby comparable properties show a range of prices, suggesting that the listed price falls within the expected range for a similar property in the area. However, the lack of outdoor space may impact its final selling price.

The property appears to be in generally habitable condition, but shows signs of needing some modernisation and updating, particularly in the bathroom and kitchen. The flooring and some fixtures seem dated. While not in disrepair, it would likely benefit from some cosmetic improvements to elevate its overall appeal and value.

The property benefits from being close to Benthal Primary School (rated ‘Good’ by Ofsted) and other schools, and is within walking distance of Rectory Road Overground station, providing convenient access to central London. The area of Hackney Downs is generally considered desirable, offering a mix of residential and commercial amenities. However, the specific location on Benthal Road may not be as desirable as some other parts of Hackney Downs, which could explain a slightly lower score.

The property has virtually no land associated with it, which is common for properties in this area of London. The lack of private outdoor space is a significant drawback for many buyers.