Savills says ..

Property Oracle says ..

The property is a two-bedroom flat located in South Bermondsey, a neighbourhood in the London Borough of Southwark. The area benefits from its proximity to several transport links, including London Bridge station, making commuting relatively convenient. Furthermore, there are several highly-rated schools within a short distance, which could be attractive to families. The images reveal that the property is in need of significant modernisation and renovation. Walls show signs of damage and require repainting, flooring needs replacing, and the overall condition suggests a considerable amount of work is required before the property is habitable. The small balcony is also in a poor state of repair. The lack of a garden is noteworthy. While the list price is £250,000, a definitive assessment of its value is difficult without knowing the square footage of the property. The provided data on nearby properties offers some comparison points, but the lack of consistent square footage data across listings prevents a precise price per square foot calculation for a robust comparison. However, considering the condition of the property and the need for extensive renovation, the list price may be considered high compared to other properties in the area, assuming comparable size and amenities. More information is needed to make a fully informed judgment on price.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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