Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat with a total area of 152.30 sqft and a plot size of 520.00 sqft. The list price is £300,000. The average price for properties in the area is £294,997, with an average price per sqft of £262. This property is significantly smaller than the average property size in the area. The location is reasonably convenient, with South Bermondsey station approximately 1.07km away, providing access to London Bridge. Several other transport links are within a 2km radius, including other train stations and the London Overground. There are also several schools nearby, including the City of London Academy (Southwark), which has a “Good” Ofsted rating. Based on the provided images, the property appears to be in generally good condition, although the bathroom shows some signs of wear and tear that may require some maintenance or updating. The kitchen and living areas appear modern and well-maintained. The property benefits from a small amount of outdoor space. Considering the property’s size, condition, and location relative to the average property prices in the area, the list price of £300,000 appears to be at the higher end of the market value for a property of this size and type in South Bermondsey. While the location is convenient and the property is generally in good condition, its smaller size compared to the average in the area could justify a slightly lower price. However, the presence of a small amount of outdoor space might offset this to some degree.

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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