Should I be worried about this new Booking place ?

Hello everyone !

My friend and I are on a student budget to visit London next year. We found a place which seems perfect, financially-wise. We are simply worried because it is a brand new place with no reviews.

1. We checked the images and we are sure they have not been stolen nor made with AI. There are several angles of each room.

2. I checked the location and the map shows the same one as the advert

3. The host has his photo put up and a small introduction. I found him online and he seems to be recognized amongst his peers and it would make sense for him to own another appartment as a side revenue. I reached out to him to make sure his identity wasn't stolen (waiting for an answer)

4. We can cancel up to 24h before without any fees

5. The owner has to confirm our offer before we book (which makes me think he just doesn't want money)

We are simply worried because, although the place is far from the center, the place is still quite cheap. I think it might just be because, since it's a new one, he has to build attractiveness before raising his prices.

Does that sound OK to you ? Is there anything else I should check ?