The list price of £550,000 for a 2-bedroom, 587 sqft flat in SE5 is relatively reasonable when considering comparable properties in the immediate vicinity and its modern condition. However, the lack of outdoor space and available data on price per square foot limits the ability to perform a highly precise comparision; it’s not exceptionally low, but neither is it extraordinarily high for the area.

Based on the provided photographs, the property appears to be in good condition. The interior shows a recently renovated or well-maintained space with a modern kitchen and updated bathroom. The exterior also seems well-preserved for a property of its apparent age. There are no visible signs of significant disrepair or needing major renovations.

The property is located in the St Giles area of Southwark, London. This area benefits from proximity to Denmark Hill station (0.6km), providing good transport links into central London. The presence of several schools within a reasonable distance (Lyndhurst Primary School, Camberwell College of Arts, etc.) adds to its family-friendly appeal. While not explicitly stated as being in a particularly affluent area, the proximity to amenities and transport connections elevates the location score.

The property has a plot size of 0.00 sqft which indicates the lack of a garden or significant outdoor space. This significantly limits the property’s appeal to buyers seeking outdoor amenities.