The list price of £495,000 seems reasonable considering the average price in the area is £582,857. However, the property requires significant renovation, which will incur additional costs for the buyer. Taking into account the condition and the need for modernisation, the price reflects the potential for improvement.

The internal photos show that the property is in need of significant renovation. The kitchen and bathroom appear dated, and there are signs of wear and tear throughout the house. The wallpaper and carpets look old and require replacement. Therefore, the condition is poor.

The property is located in Eltham North, Greenwich, London. Eltham is a suburban district with good access to local amenities, schools, and transportation links, including the Eltham railway station which is less than 1km away. This makes it a desirable location for families and commuters.

The property benefits from a good-sized garden, which is a desirable feature for many buyers, especially families. The garden appears well-established, although it may require some maintenance to bring it to its full potential.