Barratt London says ..

Property Oracle says ..

This 2-bedroom apartment is located in the Old Kent Road area of Southwark, London. The location benefits from being close to several primary schools with outstanding Ofsted ratings, such as Ilderton Primary School and Cavendish School, making it attractive to families. South Bermondsey train station is also within a convenient 0.50 KM distance, providing easy access to public transportation. The property itself appears to be in excellent condition, with modern finishes and fixtures visible in the provided images. The apartment boasts a private balcony, offering outdoor space. While the plot size is listed as 0.00 sqft, the presence of a balcony suggests some degree of outdoor amenity.

The list price of £599,000 is higher than the average price of £294,997 for the area, but the average price per sqft in the area is £262, and this property is 900 sqft. This would suggest a price of £235,800. However, the higher price may be justified by the modern condition of the apartment, its proximity to excellent schools and transportation, and the desirable location within London. Nearby comparable listings show apartments selling for similar prices, supporting the listing price to some extent. However, without more detailed information regarding the specific features and size of the comparable properties, a definitive conclusion on price reasonableness cannot be reached.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images