Stirling Ackroyd says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Waddon, Croydon, with a list price of £230,000. The apartment is 693 sqft and has one bathroom. It benefits from a balcony offering views of the surrounding area which includes retail units. The property appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living space is bright and airy and the bedrooms are neatly presented. There is no evidence of significant repairs or renovations being required.

The location is convenient with Waddon train station within a short distance, providing easy access to central London. Several schools are also located nearby, making it an attractive option for families. The presence of nearby shops and retail units further enhances the convenience of the location. However, the immediate surroundings appear to be dominated by commercial properties, which may impact the residential feel of the area.

The property itself does not include a garden or significant outdoor space. The plot size is listed as 0.00 sqft. The balcony provides some outdoor space.

Considering the average price per sqft in the area is £686, and the property is listed at £230,000 (approximately £332 per sqft), the price seems relatively reasonable compared to the average. However, it is important to note that the average price for the area is significantly higher (£779,634) and the average sqft is also larger (1,135 sqft). The lower price point of this property may reflect its smaller size and lack of outdoor space compared to the average property in the area. Nearby comparable properties show a range of prices, some significantly lower and some slightly higher than the list price, suggesting the price is within the range of similar properties in the area.

Based on the information provided, the property presents a good value option for buyers seeking a modern, well-maintained apartment in a convenient location, though the lack of outdoor space and smaller size compared to the area average should be considered.

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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