Hunters says ..

Property Oracle says ..

The property is a 2 bedroom flat located on Sharratt Street, New Cross, London. It has a list price of £350,000 and is 1,070.90 sqft with a plot size of 819.03 sqft. The property benefits from being located close to several schools, including Ilderton Primary School (Outstanding Ofsted rating) and Pilgrims’ Way Primary School (Good Ofsted rating), both within a 0.5km radius. The area also has good transport links, with several train stations and the London Overground within a reasonable distance. This makes the location convenient for commuting and accessing amenities. Based on the provided images, the property appears to be in fair condition. While it is habitable, some aspects suggest it could benefit from modernisation. The kitchen and bathrooms show signs of age, and the decor throughout the property is dated. There is evidence of wear and tear, particularly in the living areas. The property has a small garden with a decked area. Considering the average price per sqft in the area is £671, and this property is 1,070.90 sqft, a comparable property might be expected to list around £718,000. However, the list price is significantly lower at £350,000. This suggests that the property’s condition and possibly some aspects of the location may be influencing the lower price. The relatively small plot size might also contribute to the lower price point compared to houses in the area. However, the price is still within the range of other flats in the immediate vicinity, although some nearby properties are listed at a higher price. The lower price could be attractive to buyers looking for a property that needs some updating, but offers potential for improvement and value appreciation.

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

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