Acorn says ..

Property Oracle says ..

This three-bedroom terraced house on Hillcrest Road, Bromley, is listed at £400,000. The property is in need of significant renovation, as evidenced by the interior photos showing worn carpets, damaged walls, and outdated fixtures. The exterior shows a garden, but it appears overgrown and neglected. While the location is close to several schools (Launcelot Primary School, Haberdashers’ Aske’s Knights Academy, and Burnt Ash Primary School) and several Southeastern train stations (Grove Park, Sundridge Park, Bromley North, Shortlands, and Bromley South), the property’s condition significantly impacts its overall value. The average price per square foot in the area is £482, and while the list price is significantly lower than the average house price in the area (£657,596), the extensive renovations needed likely offset this price difference. Nearby comparable properties on Hillcrest Road range from £425,000 to £525,000, but none provide sufficient comparable data to accurately assess the value considering the condition of this property. Therefore, a buyer should factor in substantial renovation costs when considering this property.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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