The list price of £500,000 seems reasonable given the property’s size (889 sqft), location, and apparent condition. Comparable properties in the area are within a similar price range, especially considering the recent renovations. While no price per sqft is provided to confirm this, the guide price for comparable properties are within the same bracket as this listing. This is further confirmed by the nearby listing of a similar size and property type. However, the lack of external space may slightly impact its overall value, balancing against the updated interior.

Based on the provided photos, the property appears to be in good condition. It has been recently renovated or updated, with modern fixtures and finishes in the kitchen and bathrooms. The interior design is stylish and well-maintained, suggesting a good overall condition, however, there is no information about the building’s structure or any underlying issues which could impact the score.

The property benefits from a highly convenient location on Station Road in Penge, providing easy access to Penge East and Penge West train stations. Good primary schools are within walking distance, and additional amenities and transportation options are relatively close by. While Penge itself might not be considered a top-tier London location, its proximity to transport links and local facilities makes it a reasonably desirable area, particularly for commuters.

The property appears to have no garden or significant outdoor space, which is reflected in the low score. The lack of private outdoor space is a common characteristic of apartments in this area which limits the appeal to families.