Oliver Jaques says ..

Property Oracle says ..

This 1-bedroom maisonette in Teak Close, Surrey Docks, London (SE16 5NW) is listed at £320,000. The property presents a decent opportunity for first-time buyers or investors. The property’s proximity to Russia Dock Woodland Park is a significant advantage, providing access to green space and recreational areas. The location also boasts convenient access to public transport, with several underground and overground stations within walking or cycling distance. Several well-regarded primary schools are nearby, making the area attractive for families.

However, a key limitation is the lack of detailed information on the property’s square footage and plot size. The absence of specific plot size data suggests minimal or no private garden. This is a significant consideration for potential buyers. The photos reveal an interior that, while clean and presentable, appears dated and may benefit from modernization to enhance its overall appeal and value. The kitchen and bathroom fixtures seem functional but could benefit from upgrades. The flooring throughout appears to be in good condition.

While the £320,000 asking price may seem competitive when compared to other properties in the SE16 postcode, a comprehensive comparison is difficult due to inconsistencies in available data regarding square footage and other property characteristics among comparable listings. A more thorough evaluation of the property’s dimensions and precise condition would be needed before reaching a firm conclusion about the property’s value for money.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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