Marvels Lane, London
AC

Marvels Lane, London

By Acorn

£ 150,000

Reviews

3 out of 5 stars

Acorn says ..

Acorn are delighted to welcome to the market this bright and spacious Retirement apartment, set within this popular development. Larger than most, the property is offered to the market in good order and boasts double bedroom with fitted wardrobes, shower room, spacious fitted kitchen w...

Property Oracle says ..

The property is a one-bedroom retirement apartment located in Paxton Court, Marvels Lane, Grove Park, London. Based on the provided information and images, the apartment appears to be in good condition. The images show a clean and well-maintained interior, with modern fixtures and fittings in the kitchen and bathroom. There is no visible evidence of significant repairs or renovations needed. The communal gardens are also well-maintained, offering a pleasant outdoor space. The location is positive, with the property situated close to Grove Park train station (1.11km), providing convenient access to public transportation. Several schools are also within a reasonable distance, including Marvels Lane Primary School (0.40km), which is rated ‘Good’ by Ofsted. This makes the property suitable for families or those who value proximity to amenities and transport links. The lack of plot size suggests that there is no private garden. However, access to communal gardens is a positive attribute. Considering the list price of £150,000, the price seems reasonable compared to similar properties in the area. Nearby one-bedroom retirement flats are listed at similar prices, ranging from £115,000 to £225,000. While the exact square footage of comparable properties is unavailable, the price aligns with the general market trend for retirement apartments in the Grove Park area. The property’s good condition and convenient location further support the reasonableness of the asking price.

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

Price
7
Condition
8
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
610.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
518,733.00 £
Increased by 7.95 %
from 480,553.00 £
Est sale value
302,560.00 £
Increased by 14.02 %
from 265,350.00 £
Average area rental value
2,530.00 £/mo
Increased by 39.55 %
from 1,813.00 £/mo
Est letting value
1,220.00 £/mo
Increased by 100.00 %
from 610.00 £/mo
Est rental Yield
5.85 %
Increased by 29.14 %
from 4.53 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Acorn created the listing.

Nearby Schools

NameTypeOfstedDistance
Marvels Lane Primary SchoolCommunity SchoolGood0.40 KM
Eltham CollegeOther Independent School1.01 KM
Cooper'S Lane Primary SchoolCommunity SchoolGood1.35 KM
St Vincent'S Catholic Primary SchoolAcademy Converter1.36 KM
Middle Park Primary SchoolCommunity SchoolGood1.52 KM

Images

External Reception Bedroom Bedroom Bathroom Garden Garden Reception Kicthen Map External Reception Kicthen Reception

Nearby Streets

NameAverage PriceAverage SqftDistance
Castleton Road £ 393,75000.00 KM
Eversfielld Court £ 000.00 KM
Gavestone Crescent £ 000.00 KM
Stratfield House £ 000.00 KM
Ferndown Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grove Park5139GRP1.11 KM
Elmstead Woods5135ESD2.17 KM
Mottingham5118MTG2.22 KM
Sundridge Park5155SUP2.33 KM
Lee5110LEE2.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marvels Lane, London £ 115,000BUY5 / 100.00 KM
Marvels Lane, London £ 150,000BUY6 / 100.00 KM
Marvels Lane, Grove Park, SE12 £ 125,000BUY5 / 100.00 KM
Marvels Lane, Grove Park, SE12 £ 120,000BUY5 / 100.00 KM
Marvels Lane, Grove Park, SE12 £ 140,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
2 Lianne Grove £ 580,0000.15 KM
1 Lianne Grove £ 680,0000.15 KM
113 Marvels Lane £ 250,0000.16 KM
115 Marvels Lane £ 250,0000.16 KM
143 Marvels Lane £ 295,0000.16 KM