Stirling Ackroyd says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment situated on Spa Road in South Bermondsey, a district of Southwark, London. The apartment is described as a sub-penthouse on the sixth floor, boasting 1,056 square feet of living space and a substantial terrace of approximately 857 square feet. The listing also mentions a study and allocated parking. The location benefits from proximity to Bermondsey Tube Station and various other points of interest including Bermondsey Street, London Bridge, Shad Thames, and the River Thames. Several outstandingly-rated schools are also within a reasonable distance. The photos depict a modern, well-maintained apartment with a contemporary design and high-quality finishes. The kitchen and bathrooms appear to be in excellent condition. The large terrace offers additional outdoor living space. The lack of plot size information suggests that the property is part of a larger development, which is further supported by the images showing a modern apartment building. While the apartment itself appears to be in excellent condition, the absence of garden space is a notable factor. Considering the property’s location in a desirable area of London, its modern condition, the inclusion of a large terrace, and the additional amenities such as a study and allocated parking, the list price of £875,000 warrants further investigation. A comparison with nearby listings would be beneficial to determine the property’s value relative to the market. The available data does not provide sufficient comparable sales data to make a definitive statement on the price per square foot. However, the presence of similar properties on Spa Road with varying prices suggests a range of values in the area. A more detailed analysis of comparable properties, including their features and condition, would be necessary to fully assess the reasonableness of the list price.

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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