Unique Property Company says ..

Property Oracle says ..

The property is a houseboat located in St Katharine’s & Wapping, a district of Tower Hamlets in London. The location benefits from being close to several transport links including Fenchurch Street, London Bridge, Liverpool Street and Shadwell stations, all within approximately 2km. Several primary schools with good Ofsted ratings are also within a 1km radius, making this an attractive location for families. The proximity to St Katharine Docks adds to the desirability, offering a picturesque setting and potential for leisure activities. Based on the images provided, the houseboat appears to be in good condition. The interior is well-maintained and presented, with a modern and stylish aesthetic. The wooden features are in excellent condition, and the fixtures and fittings seem to be of good quality. There is no visible evidence of significant wear and tear or the need for major repairs or renovations. While the property is a houseboat, and therefore doesn’t have a traditional garden, the mooring location within St Katharine Docks offers a waterside setting. This could be considered a desirable feature for some buyers, offering views and access to the marina. The list price of £240,000 for a 517 sq ft houseboat is significantly lower than the average house price in the area (£909,643). However, the average price per sq ft in the area is £942, while this property’s price per sq ft is considerably lower. The lower price point could be attributed to the property type (houseboat) which may appeal to a niche market. The nearby houseboat listings also support the comparatively lower price, though a direct sqft comparison is impossible due to missing data. Considering the location, condition and unique nature of the property, the list price may represent good value for money, particularly for buyers seeking a unique waterside living experience. However, further investigation into comparable houseboat sales in the area would be beneficial to confirm this.

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

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