Stirling Ackroyd says ..

Property Oracle says ..

Location: The property is located in the Bunhill area of Islington, in the EC1V 8BZ postcode. This area benefits from proximity to excellent transport links, including Old Street station (London Underground) just 0.64km away. The area also has several well-regarded schools within a reasonable distance, such as St Luke’s Cofe Primary School (0.27km) and City of London Primary Academy, Islington (0.57km). This makes the location highly desirable for families and professionals alike.

Condition: Based on the provided images, the property appears to be in good condition. The apartment features a modern kitchen and bathroom, and while the exposed brickwork adds character, there are no visible signs of significant disrepair or the need for extensive renovation. The wooden flooring shows some wear, which is consistent with an older building, but this adds to the property’s character rather than detracting from its overall condition.

Land: The property is an apartment and therefore has no associated land or garden.

Price: The property is listed at £550,000. Considering the average price of properties in the area is £1,044,220, and the average price per sqft is £1,127, the listed price of this 484 sqft apartment seems relatively low. However, the lack of plot size and the smaller size of the apartment compared to the area average should be considered. While the apartment is presented in good condition, the lower price may reflect its smaller size and lack of outdoor space compared to other properties in the area. Further investigation into comparable properties of similar size and features would be needed to definitively assess the price’s reasonableness.

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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