Cray & Norton Estate Agents says ..

Property Oracle says ..

This one-bedroom flat is situated on Lower Addiscombe Road in Croydon, a location that benefits from being close to several transportation links, including East Croydon station (1.29 KM). The property itself appears to be in good condition based on the provided images; the interior is clean and well-maintained, suggesting that it doesn’t require significant renovation. While the property’s plot size is modest at 502 square feet, it does include a small, private outdoor space. Considering the average price per square foot in the area (£468) and the property’s size (502.42 sqft), a list price of £265,000 appears to be slightly below the average price for the area, which is £394,274. However, it is important to note that the average property size in the area is significantly larger (842 sqft). The property’s price may be justified by its smaller size and the fact that it is a flat, rather than a house. Nearby comparable properties support this assessment, with prices ranging from £170,000 to £280,000. The presence of several well-regarded schools within a reasonable distance further enhances the property’s appeal.

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

Images