McHugh & Co says ..

Property Oracle says ..

The property is a maisonette located in Eltham, South East London. The list price is £135,000. The property has two bedrooms and a bathroom. The square footage is 516.67 sqft and it benefits from a small garden. The location is reasonably convenient, with the nearest Southeastern train station (Eltham) being 1.02km away. Several primary and secondary schools are within a reasonable distance, offering families a range of educational options. However, the area’s average house price (£551,815) and average price per sqft (£462) are considerably higher than the subject property. This suggests that the location, while not undesirable, might not be considered premium in the context of the wider area. Based on the provided images, the property appears to be in fair condition. While the bathroom has recently been updated, other areas such as the living room and kitchen show signs of wear and tear. The garden appears unkempt. A degree of modernisation or refurbishment would likely enhance the property’s overall appeal and value. The property has a small garden, which is a positive feature, even if it requires some attention. However, the plot size is relatively small. Considering the property’s condition, the small plot size, and the significant difference between its price and the average price per sqft in the area, the list price of £135,000 seems relatively low. However, this needs to be considered in the context of the property’s condition and the need for potential renovation work. The lower price may reflect the need for improvements.

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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