Melvin Road, Penge, London
By Property World Penge
£ 340,000
Reviews
3 out of 5 stars
Property World Penge says ..
GUIDE PRICE £340,000 - £350,000 Property World is delighted to present this beautifully refurbished, ground floor, two bedroom purpose built flat in Capel Court, Melvin Road, Penge. Situated in a sought after road in an attractive low-rise building, this stylish home has been tastefully ...
Property Oracle says ..
This two-bedroom flat in Penge, London, presents a modern and well-maintained living space. The property boasts a recently updated kitchen and bathroom, which are finished to a contemporary standard. Images showcase a bright and airy interior, suggesting a comfortable living environment. The location offers proximity to several schools, which is a significant benefit for families. Transport links, including the London Overground, provide relatively easy access to central London. However, the lack of private outdoor space is a notable drawback. While the listed price of £340,000 is in line with general market expectations for the area for a refurbished property, without more precise details such as square footage data for the flat and information on the building’s leasehold details, it’s difficult to accurately assess the property’s value for money. Further investigation into comparable properties recently sold in the immediate vicinity of Melvin Road would offer a more comprehensive price assessment. Overall, it is a suitable option for first-time buyers or small families looking for a well-presented flat in a convenient location but who are not looking for a property with extensive outside space.
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
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 628.00
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
- 470,278.00 £Decreased by 9.27 %
- Est sale value
- 344,144.00 £Increased by 64.07 %
- Average area rental value
- 1,755.00 £/moDecreased by 20.59 %
- Est letting value
- 1,256.00 £/moIncreased by 100.00 %
- Est rental Yield
- 4.48 %Decreased by 12.50 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Property World Penge created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Anthony'S Roman Catholic Primary School | Academy Converter | Good | 0.24 KM |
| Community Vision Children And Family Centre | Children's Centre | 0.52 KM | |
| St John'S Church Of England Primary School | Academy Sponsor Led | Good | 0.53 KM |
| Harris Primary Academy Crystal Palace | Academy Sponsor Led | Good | 0.59 KM |
| Stewart Fleming Primary School | Academy Converter | Outstanding | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hawthorn Grove | £ 0 | 0 | 0.00 KM |
| Garden Road | £ 750,000 | 0 | 0.00 KM |
| Evergreen Close | £ 0 | 0 | 0.00 KM |
| Trinity Mews | £ 0 | 0 | 0.00 KM |
| Grace Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penge West | 5378 | PNW | 0.79 KM |
| Birkbeck | 5401 | BIK | 0.84 KM |
| Anerley | 5397 | ANZ | 0.91 KM |
| Penge East | 5072 | PNE | 0.99 KM |
| Kent House | 5080 | KTH | 1.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melvin Road, Penge, London, SE20 | £ 750,000 | BUY | Unknown | 0.04 KM |
| Melvin Road, Penge, London, SE20 | £ 875,000 | BUY | 7 / 10 | 0.05 KM |
| Melvin Road, Penge, London | £ 340,000 | BUY | 7 / 10 | 0.06 KM |
| Melvin Road, London, SE20 | £ 750,000 | BUY | 8 / 10 | 0.06 KM |
| Maple Road, Roberts Court Maple Road, SE20 | £ 300,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 29 Melvin Road | £ 550,000 | 0.03 KM |
| 24 Melvin Road | £ 195,000 | 0.03 KM |
| 12 Melvin Road | £ 160,000 | 0.03 KM |
| 7 Melvin Road | £ 30,000 | 0.03 KM |
| 8b Melvin Road | £ 500,000 | 0.03 KM |