BlakeStanley Estate Agents says ..

Property Oracle says ..

This one-bedroom flat on Greenwood Road, Hackney Central, presents a blend of desirable and less desirable features for prospective buyers. The property’s location in Hackney Central is a significant plus point. Hackney is a highly sought-after area in East London, known for its trendy atmosphere, excellent transport links via the London Overground, and vibrant community. The proximity to green spaces like London Fields, as well as several well-regarded schools, further enhances its family-friendliness. The photos suggest a modern and adequately maintained living space, however, there is no evidence of outdoor space or private garden. The kitchen and bathroom show functional spaces, but they could benefit from modernisation. The provided list price of £475,000, while relatively high considering the property’s size (510 sqft) and lack of external space, is arguably justifiable in the context of Hackney’s competitive property market. However, obtaining the average price per square foot data for Greenwood Road or similar properties in the immediate vicinity would be essential to determining if it’s truly a competitive price or slightly inflated. Overall, this property is likely to attract buyers seeking a well-located one-bedroom flat in a vibrant part of London, but those seeking outdoor space or a more recently renovated property might look elsewhere. Considering the lack of available data for price per sqft, more property specifics are required for a comprehensive market value analysis.

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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