Barnard Marcus says ..

Property Oracle says ..

The property is located on Lower Addiscombe Road in Croydon, a suburb of London. The area benefits from relatively good transport links, with several train stations within a reasonable distance, providing access to central London and other parts of the city. There are also several schools nearby, including Oasis Academy Shirley Park which has a ‘Good’ Ofsted rating. This positive aspect contributes to a potentially desirable family-friendly environment. However, the property itself has a small plot size of 0 sqft, meaning no garden is available.

Based on the provided images, the property appears to be in generally fair condition. While the interior shows some signs of wear and tear, it doesn’t appear to be in need of extensive renovation. The kitchen and bathroom seem reasonably updated, although some cosmetic improvements could enhance the overall aesthetic appeal. The property’s traditional features, such as the wood flooring and fireplace, could be seen as charming aspects.

Considering the list price of £280,000, the average price in the area is significantly higher at £466,319. The property’s size of 556 sqft is considerably smaller than the area average of 1,050 sqft. While the average price per sqft in the area is £444, the lack of plot size and smaller size of the property compared to the average suggests that the list price may represent relatively good value, especially when considering the location and proximity to amenities. However, the absence of a garden is a significant drawback that may influence the perceived value for some buyers.

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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