Purplebricks says ..

Property Oracle says ..

The property is a 3-bedroom apartment located in Solander Gardens, Shadwell, London. It is listed at £425,000 and has a size of 482.61 sqft. The plot size is 741 sqft. Location: Shadwell benefits from excellent transport links via the London Overground (Shadwell station is 0.20km away), and is within reasonable distance of other lines including the London Underground. Several primary schools with ‘Good’ or ‘Outstanding’ Ofsted ratings are within a short distance, making this a potentially desirable location for families. The proximity to the city centre is also a significant positive. Condition: The property shows signs of needing some modernisation and updating. The walls in several rooms display some wear and tear. The kitchen and bathroom fixtures appear dated and could benefit from refurbishment. The overall condition suggests a need for some level of renovation to bring it up to a modern standard. Land: The property includes a small plot of land of 741 sqft. While not extensive, it does offer some outdoor space, which is a valuable asset for an apartment in London. Price: The list price of £425,000 is below the average price of £497,121 for the area. However, considering the condition of the property requiring renovation, the price may be considered reasonable. The average price per sqft in the area is £748, while this property’s price per sqft is significantly lower. This discrepancy could be due to the condition of the property. Further analysis of comparable properties in similar condition would be needed to definitively assess the price’s reasonableness.

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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