Goatley Hirst Ltd says ..

Property Oracle says ..

The property is a terraced house located on Palace Road in Bromley, Greater London. It has two bedrooms and two bathrooms, and a total area of 843.89 sqft. The plot size is 1,080.70 sqft. The list price is £525,000.

The property appears to be in excellent condition. The interior is modern and well-maintained, with recent renovations evident in the kitchen and bathrooms. There is also a well-maintained garden.

The location is good. It is within easy reach of several Southeastern train stations, including Bromley North and Sundridge Park, offering convenient access to central London and other parts of the UK. There are also several well-regarded schools nearby.

Considering the property’s excellent condition, desirable location, and the inclusion of a garden, the list price of £525,000 appears reasonable, although slightly below the average price for the area. The average price per sqft in the area is £482, while this property is listed at approximately £621 per sqft. This is likely due to the smaller size of the property compared to the area average (843.89 sqft vs 1364 sqft). However, the updated condition and desirable location may justify the higher price per sqft. Further analysis of comparable properties in the immediate vicinity would be beneficial to confirm this assessment.

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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