Springbok Properties says ..

Property Oracle says ..

This ground floor maisonette is located in the Lansbury area of Tower Hamlets, East London. The property benefits from being within walking distance of major amenities, transport links, and road networks. The presence of several well-regarded primary schools within a short distance (Lansbury Lawrence Primary School, Bygrove Primary School, and Mayflower Primary School) is a significant positive for families. Public transport links are also readily available, with Limehouse station (c2c) approximately 2.44km away. Based on the provided photographs, the property appears to be in generally good condition. While some areas show signs of needing minor cosmetic improvements, the overall state of repair seems satisfactory. The kitchen and bathrooms appear functional and relatively modern, though some updating might enhance their aesthetic appeal. The property includes a private garden, a valuable asset in a densely populated urban area like London. The size of the garden appears modest but provides a welcome outdoor space. Considering the list price of £390,000, the average price in the area (£495,011), and the average price per square foot (£640), the property seems reasonably priced. While the average price per square foot is higher than the implied price per square foot for this property (approximately £525), the inclusion of a private garden and the property’s location in a desirable area partially offset this difference. Further, several nearby properties on Ricardo Street have sold for significantly more, suggesting that the list price is not unreasonable, particularly given the property’s condition and amenities. The lower price might be attributed to the property being a ground floor maisonette.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images