Alan de Maid says ..
Summerlands Lodge is a development of approximately sixty retirement apartments built in the 1980s and located in a convenient position for local shops in Locksbottom and the Princess Royal hospital. The property is located on the third floor and features stairs and two lifts, being located...
Property Oracle says ..
This one bedroom flat is located in Farnborough Common, Orpington. The property is conveniently located near several schools, including Darrick Wood School and Newstead Wood School, both with good Ofsted ratings. Several Southeastern train stations are also within a reasonable distance, providing good transport links. The flat itself appears to be in reasonable condition, although some modernisation may be desirable. The kitchen and bathroom show signs of age, and the overall aesthetic is somewhat dated. There is a communal garden area, which adds to the appeal. The list price of £175,000 is significantly lower than the average house price in the area (£852,459), and also lower than nearby comparable properties. However, it is important to note that the average property size is considerably larger (1,678 sqft vs 417 sqft). Considering the size, age, and condition of the flat, the price may represent reasonable value for money, particularly for a first-time buyer or investor looking for a property that requires some modernisation.
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
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 417.00
- Lot (est)
- 545.00
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Metrics Year-on-Year
- Average area value
- 545,556.00 £Decreased by 23.92 %
- Est sale value
- 223,512.00 £Unchanged by 0.00 %
- Average area rental value
- 2,071.00 £/moDecreased by 19.45 %
- Est letting value
- 834.00 £/moIncreased by 100.00 %
- Est rental Yield
- 4.56 %Increased by 6.05 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Alan de Maid created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Darrick Wood Junior School | Academy Converter | Good | 0.79 KM |
| Darrick Wood School | Academy Converter | Good | 0.79 KM |
| Darrick Wood Infant & Nursery School | Academy Converter | 0.79 KM | |
| Newstead Wood School | Academy Converter | Outstanding | 1.88 KM |
| Farnborough Primary School | Academy Converter | 1.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lantern Close | £ 0 | 0 | 0.00 KM |
| Mandelieu | £ 465,000 | 0 | 0.00 KM |
| Willow Walk | £ 0 | 0 | 0.00 KM |
| Croydon Road | £ 0 | 0 | 0.00 KM |
| Osier Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Petts Wood | 5123 | PET | 3.34 KM |
| Orpington | 5122 | ORP | 3.67 KM |
| Bickley | 5063 | BKL | 4.24 KM |
| Chislehurst | 5099 | CIT | 4.63 KM |
| Hayes | 5050 | HYS | 5.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Farnborough Common, Orpington | £ 215,000 | BUY | 6 / 10 | 0.00 KM |
| Farnborough Common, Orpington, BR6 | £ 199,950 | BUY | Unknown | 0.00 KM |
| Farnborough Common, Orpington | £ 175,000 | BUY | Unknown | 0.00 KM |
| Farnborough Common, Orpington | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Farnborough Common, Orpington | £ 249,000 | BUY | Unknown | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Wellbrook Road | £ 284,995 | 0.08 KM |
| 5 Wellbrook Road | £ 325,000 | 0.08 KM |
| 3 Wellbrook Road | £ 279,995 | 0.08 KM |
| 9 Wellbrook Road | £ 880,000 | 0.08 KM |
| 2 Barkway Drive | £ 279,251 | 0.09 KM |