Fairoak Drive, London
JO

Fairoak Drive, London

By John Payne

£ 875,000

Reviews

3 out of 5 stars

John Payne says ..

A truly exciting opportunity to purchase a real one-of-a-kind home, on one of Eltham’s most prestigious roads in Eltham Heights. A stunning three-bedroom detached home on Fairoak Drive, with bundles of potential to extend and modernise to your taste, subject to the necessary consents. ...

Property Oracle says ..

This three-bedroom detached house located on Fairoak Drive in Eltham South, Greenwich presents a mixed bag of opportunities and challenges. The property benefits from a highly desirable location with good transport links via Falconwood station and proximity to several well-rated schools. The substantial garden is a significant plus point, offering potential for future development or simply a large outdoor space. However, the property is in significant need of modernisation. The interior décor and fixtures are outdated, suggesting a substantial renovation project would be required before the property could be occupied comfortably. This would inevitably add significant costs to the purchase price. The lack of precise square footage information for comparable properties and the lack of information on the quality and depth of the garden makes providing a definitive assessment of value difficult. Overall, it is a property with significant potential for buyers willing to undertake a renovation project in a highly sought after area. The property would appeal to families seeking to locate themselves in this area of London. Buyers should budget heavily for renovation. The property should be viewed and a complete survey should be undertaken before committing to purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,352.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
689,286.00 £
Increased by 31.20 %
from 525,361.00 £
Est sale value
984,256.00 £
Increased by 48.88 %
from 661,128.00 £
Average area rental value
1,774.00 £/mo
Decreased by 15.96 %
from 2,111.00 £/mo
Est letting value
1,352.00 £/mo
Unchanged by 0.00 %
from 1,352.00 £/mo
Est rental Yield
3.09 %
Decreased by 35.89 %
from 4.82 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • John Payne marked this listing as sold.

  • John Payne created the listing.

Nearby Schools

NameTypeOfstedDistance
Alderwood Primary SchoolAcademy Converter0.64 KM
Stationers' Crown Woods AcademyAcademy ConverterGood0.73 KM
Harris Academy FalconwoodAcademy Sponsor LedGood0.84 KM
Alderwood And Greenacres Children'S CentreChildren's Centre0.86 KM
Bishop Ridley Church Of England Va Primary SchoolVoluntary Aided SchoolGood0.98 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Belmont Avenue £ 000.00 KM
Shooters Hill £ 550,00000.00 KM
Roberts Close £ 300,00000.00 KM
Hawthorn Terrace £ 000.00 KM
Kent Avenue £ 508,33200.00 KM

Nearby Transport

NameNLCTLCDistance
Falconwood5137FCN0.77 KM
New Eltham5119NEH2.12 KM
Welling5128WLI2.50 KM
Sidcup5125SID3.18 KM
Eltham5103ELW3.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fairoak Drive, London £ 875,000BUY6 / 100.00 KM
Crown Woods Way, London £ 1,250,000BUY6 / 100.04 KM
Crown Woods Way, London £ 775,000BUY6 / 100.04 KM
Rennets Wood Road, London, SE9 £ 600,000BUY7 / 100.13 KM
Rennets Wood Road, Eltham Heights, London, SE9 £ 875,000BUY7 / 100.20 KM

Nearby Properties

AddressPriceDistance
6 Crown Woods Way £ 295,6500.04 KM
32 Crown Woods Way £ 407,5000.04 KM
18 Crown Woods Way £ 427,5000.04 KM
90 Crown Woods Way £ 330,0000.04 KM
56 Crown Woods Way £ 810,0000.04 KM