Homecastle Estate Agents says ..

Property Oracle says ..

This studio flat in South Norwood, London is listed at £125,000. The property is situated on Dagnall Park, within close proximity to Selhurst train station providing convenient access to central London. Several schools are also located nearby, including Selhurst Nursery School and The Crescent Primary School. The property itself appears to be in need of some modernisation and updating, as evidenced in the provided photographs. The kitchen and bathroom are particularly dated, and there is some visible wear and tear throughout the flat. The property includes a small garden area.

Compared to the average price per square foot in the area (£392), the listed price of this studio flat seems relatively low. However, it’s important to note that the average price and square footage data may not accurately reflect the value of this specific property due to its condition and size. The average property price in the area is considerably higher at £306,838, suggesting that this studio flat might represent a more affordable option for buyers, but this affordability is likely offset by the required renovations. Nearby comparable properties show a wide range in pricing, indicating that the market in this area is quite varied. The lack of sqft data for many nearby listings makes direct comparison challenging.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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