Stirling Ackroyd says ..

Property Oracle says ..

Based on the provided information, this property is a two-bedroom, two-bathroom apartment located on Spa Road in South Bermondsey, London. The listing price is £575,000. The area has an average property price of £294,997 and an average price per square foot of £262. However, the square footage of the subject property is not provided, making a direct comparison difficult. The photos show a modern, well-maintained apartment with a balcony. The apartment appears to be in good condition. The location benefits from proximity to several schools (Harris Academy Bermondsey, St James’ Church of England Primary School, and others) and transportation links. However, the lack of information about the property’s size and the absence of details regarding the plot size makes it challenging to assess the value of the land. Given the lack of square footage information, it’s impossible to provide a definitive opinion on the price. However, considering the average price in the area and the apparent good condition of the apartment, the list price of £575,000 appears relatively high compared to the average, especially given the lack of information on the size of the property. Further information is needed to provide a conclusive analysis of the 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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