Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

The property is located in Derby Hill Crescent, Forest Hill, London. Forest Hill is a desirable area, benefitting from excellent transport links via the London Overground (Forest Hill station is 0.53km away) providing easy access to central London and other parts of South East London. The proximity to several well-regarded schools, such as Holy Trinity Church of England Primary School (rated ‘Good’ by Ofsted) and Eliot Bank Primary School (‘Outstanding’), adds to its family-friendly appeal. Based on the images provided, the property appears to be in need of modernisation. Whilst it retains some original features, suggesting a period property, the decor and fixtures are dated and would likely require significant updating to meet modern standards. The garden is a positive feature, offering outdoor space, though it also appears to require some attention. The list price of £799,000 is notable. Considering the average price in the area is £509,804 and the average price per square foot is £664, this property, at £648 per sqft, is at the higher end of the market. However, nearby comparable properties on Derby Hill Crescent are listed at significantly higher prices (e.g., £825,000, £1,075,000), suggesting the asking price might be reasonable within the context of the local market, despite the property needing modernisation. The lack of plot size data, however, makes a definitive conclusion difficult.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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