The list price of £150,000 seems reasonable when compared to nearby listings and the average property price in the area. Given that the property is a retirement property and requires renovation, the price reflects its condition and target market. Nearby listings, such as flats on Stedly, are priced similarly, suggesting that the asking price is in line with market expectations. Considering the location and potential for improvement, the price offers an opportunity for buyers looking to invest in a property with renovation potential.

Based on the images, the property appears to be in need of renovation. The interior shows signs of wear and tear, including dated decor, worn carpets, and a kitchen and bathroom that could benefit from modernization. While the building’s exterior seems well-maintained, the interior condition suggests that refurbishment is necessary to bring the property up to modern standards.

The property is located in Sidcup, which is considered a desirable suburban area in Greater London. It offers a mix of residential and commercial areas, with access to local amenities, schools, and transportation. The presence of nearby schools such as Benedict House Preparatory School and Birkbeck Primary School adds to the location’s appeal for families. Sidcup also provides convenient access to transportation options, including the Sidcup railway station, facilitating commutes to other parts of London and surrounding areas.

The property benefits from communal gardens and outdoor spaces, as seen in the images. While the listing doesn’t specify the exact plot size, the presence of well-maintained lawns and greenery enhances the property’s appeal. The balcony also provides a private outdoor space for residents to enjoy. The communal gardens offer a shared amenity that contributes positively to the living environment.