Andrews Estate Agents says ..

Property Oracle says ..

The property is located in Mitcham, CR4, a suburb of London. The area has a mix of housing types, with average prices significantly higher than the list price of this property. The average price per square foot in the area is £687, while this property is listed at a much lower price per square foot. This suggests that the price may be reasonable, especially considering the condition of the property.

The property itself is a one-bedroom house with a small garden. Based on the photos provided, the property is in need of significant renovation and repair. The kitchen and bathroom appear outdated and require modernisation. There is also evidence of damage to walls and ceilings. The garden is overgrown and cluttered.

The property’s location is convenient, with several schools and transportation options nearby. The proximity to Tooting train station is a positive aspect. However, the overall condition of the property significantly impacts its value. The small plot size is also a factor to consider.

Given the condition, the small size, and the relatively low price compared to local averages, the property could be a good investment for someone looking for a renovation project. However, potential buyers should factor in the cost of renovations and repairs before making an offer.

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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