Galloways says ..

Property Oracle says ..

This property is a 1-bedroom flat located on High Street, Penge, in the London Borough of Bromley. The flat is 398.26 sqft and is listed at £240,000.

The property benefits from a convenient location with multiple transport links nearby including Penge East and Penge West train stations, providing easy access to central London. Several well-regarded primary schools are within a short distance, making it an attractive option for families.

Based on the provided images, the flat appears to be in excellent condition and has been recently modernised to a high standard. The kitchen and bathroom are contemporary and well-equipped, and the living space is bright and airy. There is no evidence of the property needing renovation.

The property’s plot size is 0.00 sqft, indicating that there is no garden.

Considering the average price per sqft in the area is £528, and the average property price is £562,702, this flat is significantly below average in price. However, this is likely due to the smaller size of the property compared to the average. While the list price of £240,000 is lower than the area average, it’s important to note that the average property size is much larger. The price seems reasonable given its size, condition, and location. Comparable properties on High Street, Penge are also priced within a similar range.

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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