McCarthy & Stone Resales says ..

Property Oracle says ..

The property is a one-bedroom apartment located in Sidcup, Bexley, Greater London. It is listed at £262,500 and has 523 sqft of living space and a 565 sqft plot. The apartment appears to be in good condition based on the provided images. The kitchen and bathroom are modern, and the living areas are well-maintained. There is also a balcony/patio area.

The location is good, with several schools nearby, including Birkbeck Primary School (rated ‘Good’ by Ofsted) and Chislehurst & Sidcup Grammar School (also rated ‘Good’). Sidcup train station is also within walking distance, providing convenient access to London.

While the plot size is relatively small for a detached property, it is adequate for an apartment. The presence of a communal garden area is a positive feature.

Considering the average price per sqft in the area (£526) and the property’s size (523 sqft), a rough estimate of the value would be around £274,000. The listed price of £262,500 is slightly below this estimate, making it potentially good value. However, it’s important to note that the average price and sqft data may not fully reflect the specific value of this particular apartment. The nearby comparable properties show a range of prices, suggesting some variability in pricing within the area. The lack of sqft data for these comparables makes a precise comparison difficult.

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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