Mann says ..

Property Oracle says ..

This two-bedroom terraced house on Laurier Road, Croydon, is presented as a property with potential but requires considerable investment. The property’s location in Addiscombe West offers convenient access to East Croydon station and several schools rated ‘Good’ by Ofsted, making it suitable for families or commuters. However, the images show that the property is in need of a significant amount of updating and modernisation. The interior is dated and cluttered; the kitchen and bathroom, while functional, are not modern. The garden is overgrown and unkempt, limiting its usability. The lack of detailed information regarding square footage for comparable properties makes a precise price comparison challenging. However, based on the available data, the asking price of £400,000 seems on the higher side given the extensive renovations required. Potential buyers should factor in substantial refurbishment costs before making an offer. While the location is a positive aspect, the property’s current condition and small garden significantly detract from its overall value. A thorough survey and detailed cost assessment are crucial before considering purchasing this property.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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