Streets Ahead says ..

Property Oracle says ..

This property is a 1 bedroom, 1 bathroom apartment located in Croydon, Greater London. It is listed at £265,000 and has a size of 443.32 sqft. The plot size is 560 sqft.

The apartment appears to be in good condition based on the provided images. The kitchen and bathroom look recently updated or well-maintained. The living area is presented neatly, and the bedroom is spacious. There is no obvious evidence of significant repairs or renovations needed. The property benefits from a private patio area and access to communal gardens. The location is convenient, with several schools and transportation links nearby. Archbishop Tenison’s Cofe High School (rated ‘Good’ by Ofsted) is within walking distance, and several other schools are within a kilometer radius. East Croydon train station is approximately 1.34km away, offering good transport links to central London and beyond.

Considering the average price per sqft in the area is £686, and this property is listed at approximately £597 per sqft, the list price seems reasonable, especially given its apparent good condition and convenient location. However, it’s worth noting that the average house price in the area is significantly higher (£779,634), suggesting this apartment might be underpriced compared to the overall market. This could be due to its smaller size or the type of property. The surrounding area has a mix of properties, with some more expensive options available. The presence of a private patio and communal gardens is a positive feature that adds value.

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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