Living in London says ..

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Rotherhithe, South East London is listed at £600,000. The property benefits from a desirable location, close to excellent transport links including Canada Water Underground station and several Overground stations. There are also a number of highly-rated primary schools within a reasonable distance. The apartment itself appears to be in good condition, with modern fitted kitchen and bathrooms. The property also benefits from a balcony overlooking a canal. The lack of plot size suggests that there is no private garden.

Compared to the average price of £294,997 for properties in the area, and considering the average price per sqft of £262, this property is significantly more expensive. However, nearby comparable properties on Eleanor Close range from £525,000 to £625,000, suggesting the list price is within the market range for this location and type of property. The superior location and waterfront views may justify the higher price per sqft compared to the area average. Further information on the size of the nearby properties would allow for a more precise comparison.

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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