Savills says ..

Property Oracle says ..

The property is a one-bedroom flat located in Lower Clapton, London. The location benefits from being close to Hackney Downs and Hackney Central Overground stations, providing convenient access to public transportation. Several well-regarded schools, including Mossbourne Community Academy and Stormont House School (both rated Outstanding by Ofsted), are within a short distance, making it an attractive area for families. Based on the provided photographs, the property is in need of significant renovation. The walls show considerable damage, wallpaper is peeling, and the kitchen and bathroom appear outdated and require complete refurbishment. The overall condition suggests a substantial amount of work will be needed before the property is habitable. There is no information about the presence of a garden or outdoor space. Therefore, no comment can be made on the land aspect. The list price of £155,000 is significantly lower than comparable properties in the area. However, the property’s condition is a crucial factor. The extensive renovation required will likely offset the lower initial purchase price. A comprehensive cost assessment of the necessary repairs and renovations is needed to determine the true value for money. Without knowing the square footage, a price per square foot comparison cannot be made. Additional information on the property’s size and the cost of renovations is needed to provide a more accurate assessment of the price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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