Your Move says ..

Property Oracle says ..

Abbey Grove, London, SE2 property analysis:

The property is a terraced house located in Abbey Wood, Greenwich, with a list price of £425,000. It has 2 bedrooms, 1 bathroom, and a total area of 717.95 sqft. The plot size is 0.00 sqft.

Location: Abbey Wood benefits from good transport links, with Abbey Wood station (TfL Rail) only 0.75 km away. Several other Southeastern stations are within a reasonable distance, providing convenient access to central London and other parts of Kent. The presence of several well-regarded primary schools within a 0.5 km radius, such as Boxgrove Primary School and Abbey Wood Nursery School (both rated \‘Good\’ by Ofsted), adds to the family-friendliness of the location. This makes the location score relatively high.

Condition: Based on the provided images, the property appears to be in generally good condition, although some areas may benefit from modernisation. The kitchen shows recent updates with modern fittings. However, other areas, such as the bedrooms and living room, present a more dated aesthetic. While not needing immediate repair, some cosmetic updates would enhance the property’s overall appeal.

Land: The property includes a small garden, which is a positive feature, especially considering the location within London. However, the plot size is extremely small (0.00 sqft), limiting its potential for expansion or significant outdoor living space.

Price: The list price of £425,000 is slightly above the average price of £400,371 for the area. However, considering the limited plot size and the need for some modernisation, the price appears reasonable, particularly when compared to similar properties on Abbey Grove itself. Prices on this street vary significantly, from as low as £83,500 to over £391,000 for comparable terraced houses. The average price per sqft in the area is £431, while this property’s price per sqft is significantly higher. Considering the condition and size, the asking price is at the higher end of the market value.

Tags: [‘GARDEN’, ‘FIREPLACE’]

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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