Stirling Ackroyd says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom flat located in the Lansbury area of Tower Hamlets, London. It is listed at £450,000 and has 790 sqft of living space. The property benefits from a balcony. The location is good, with several primary schools within a 1km radius, including Culloden Primary (Outstanding Ofsted rating) and Woolmore Primary (Good Ofsted rating). Public transport links are also readily available, with West Ham underground station being 1.8km away. This provides convenient access to central London and surrounding areas. Based on the provided images, the property appears to be in excellent condition. It is modern, clean, and well-maintained. The kitchen and bathrooms are contemporary and well-equipped. The property does not have a garden, however it does have a balcony. Considering the average price per sqft in the area (£640) and the property’s size (790 sqft), a rough estimate of the property’s value would be around £505,600. The listed price of £450,000 is therefore below the estimated value, suggesting it could represent good value for money, although further investigation into the specifics of the property and market conditions would be needed to confirm this. The nearby comparable properties also support this assessment, with prices ranging from £275,000 to £450,000 for similar properties.

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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