Oliver Jaques says ..

Property Oracle says ..

This property is a one-bedroom, one-bathroom flat located in the Globe Wharf development in Rotherhithe, South London. The flat is 404 sq ft and benefits from a private balcony. The development has communal gardens and a gym. The location is excellent, with good transport links and several highly-rated primary schools nearby. The property is in good condition, although the kitchen and bathroom appear slightly dated. The list price of £400,000 is below the average price for the area (£565,628), and the price per square foot (£990) is significantly lower than the average (£709). While this may seem like good value, it is important to note that the average price per square foot is based on larger properties, and the lack of information on the size of other nearby properties makes a direct comparison difficult. The small size of the property may also impact its value compared to larger properties in the area. Overall, this property represents a potentially good investment opportunity for a first-time buyer or investor looking for a well-located property in a desirable area of London.

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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