Foxtons says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Ocean Wharf, Isle of Dogs, London. It’s situated in the Canary Wharf area, known for its modern development and proximity to excellent transport links. The apartment itself appears to be in good condition from the provided photos, with a modern kitchen and bathroom. While the photos show a small balcony, there is no mention of a garden.

The list price is significantly lower than the average price for the area (£445,000 compared to £865,272). However, the apartment is considerably smaller than the average size (687 sq ft compared to 785 sq ft). Considering the average price per sq ft in the area is £1102, and this property is smaller, the list price may seem reasonable. However, nearby comparable properties (though sqft data is missing from these listings) appear to be listed at higher prices. This suggests that while the price per sqft might be in line with the area average, the overall price may be undervalued, potentially due to the size of the property or other factors not explicitly stated in the listing. The lack of detailed information on comparable properties makes a definitive price assessment difficult.

The location score is high due to its proximity to Canary Wharf, offering convenient access to transport links and amenities. The condition of the property appears to be good based on the images. The land score is low as there is no garden. The price score is moderate, as the list price is lower than the average for the area, but comparable properties seem to be priced higher. Further investigation into the specific reasons for the lower price would be beneficial.

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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