James Alexander Estate Agents says ..

Property Oracle says ..

This three-bedroom, one-bathroom property located on Stanford Road in Norbury, Croydon, presents a significant refurbishment project. The property’s current condition is poor, as evidenced by the photographs showcasing damage to walls, ceilings, flooring, and outdated fixtures. A comprehensive renovation is necessary before the property becomes habitable.

The location is reasonably convenient with nearby transport links via Norbury station and several schools within walking distance, making it potentially suitable for families. However, the garden requires substantial attention and landscaping work. The property’s asking price of £400,000 needs to be considered against the costs of complete refurbishment. While the location may justify a higher price than some other areas, the considerable renovation needed means it is difficult to determine accurate value without detailed costings for the works needed. Potential buyers should budget for significant expenditure beyond the purchase price. Further information regarding plot size and detailed comparable sales data in the immediate vicinity would be necessary to determine a more accurate valuation.

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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