Galloways says ..

Property Oracle says ..

This property is a 3-bedroom semi-detached house located on Chesham Road in Penge, London. The asking price is £500,000. The property benefits from a good location, with several primary schools within a 1km radius, including two rated ‘Outstanding’ by Ofsted. Several train stations are also within walking distance, providing convenient access to central London. Based on the provided images, the property appears to be in need of modernisation. The kitchen and bathroom show signs of wear and tear, and the interior photographs suggest that the property is cluttered and requires some degree of renovation. The garden is visible and appears to be of reasonable size, offering some outdoor space. Considering the average price per square foot in the area is £528, and this property is 953.68 sqft, a reasonable estimate for the property’s value would be in the region of £500,000-£530,000. The current list price of £500,000 appears to be in line with other similar properties in the area, although the need for renovation should be factored into any offer. The lack of plot size information in the listing is a notable omission. More details on the plot size would allow for a more comprehensive evaluation of the property’s value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images