Tilson & Spencer says ..

Property Oracle says ..

This two-bedroom apartment in Stamford Hill, Hackney, is listed at £375,000. The property is located in a residential area with nearby access to the London Overground, offering relatively easy commutes. However, the condition of the apartment is a key factor. The interior photographs show a dated property that needs refurbishment throughout. Carpets, walls, and the kitchen and bathroom all appear worn and in need of significant updating. There is no private garden or outdoor space. While the location has some positive aspects, including proximity to public transport, the need for substantial renovations and lack of land impact the overall value. The asking price is competitive within the immediate area, considering comparable properties but this analysis is limited due to lack of details regarding the comparable property size and condition. Prospective buyers must factor in considerable renovation costs when assessing the total investment involved. The surrounding area appears largely residential but more information is required on amenities, and the mix of inadequate and good nearby schools would be a point of consideration for families. Therefore, we give this property 4 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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