Cockburn Estate Agents says ..

Property Oracle says ..

This one bedroom property is located in the Sycamores Close area of Mottingham, South East London. The property benefits from a private garden, which is a desirable feature. The property appears to be in reasonable condition, although some modernisation may be desirable to increase its value. The area has a mix of housing types and is convenient for transport links, including Mottingham station. However, the list price of £175,000 is significantly below the average price for the area, which is £761,666. This suggests that the property may be undervalued, potentially due to its size (514 sqft) being considerably smaller than the average for the area (1584 sqft). Nearby comparable properties on Sycamore Close have sold for between £100,000 and £197,500, supporting the notion that the list price is reasonable in the context of the local market for properties of similar size and style. The average price per sqft in the area is £480, while the price per sqft for this property is approximately £340. This further indicates that the property may represent good value for money, despite its smaller size.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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