Acorn says ..

Property Oracle says ..

Peckham, London, SE15 1QW Property Analysis

The property is a one-bedroom, one-bathroom house located on Naylor Road in Peckham, South London. The list price is £300,000, and the property has a floor area of 575.87 sqft. The average price for properties in the area is £294,997, with an average price per sqft of £262.

Location: The property benefits from its proximity to Queens Road Peckham station (0.43km), providing convenient access to public transportation. Several schools are also within a reasonable distance, including John Donne Primary School (0.46km) and Pilgrims’ Way Primary School (0.57km), which is rated ‘Good’ by Ofsted. This makes the location attractive to families and commuters.

Condition: Based on the provided photographs, the property appears to be in generally fair condition, though some areas could benefit from modernisation and improvements. The kitchen and bathroom show signs of wear and tear, and the overall presentation suggests the property could benefit from some refurbishment to enhance its appeal and value. The property shows signs of wear and tear and requires some updating.

Land: The property does not appear to have any significant land associated with it. The plot size is listed as 0.00 sqft, indicating a lack of garden space.

Price: Considering the property’s size (575.87 sqft), condition, and lack of outdoor space, the list price of £300,000 appears to be in line with the average price for the area (£294,997). However, the average price per sqft in the area (£262) is significantly higher than what this property offers, suggesting that the price may be slightly on the higher end, especially given its condition. The lack of a garden further impacts the value. Nearby comparable properties are significantly larger and more expensive which supports the price being slightly high for this property.

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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