Langford Russell says ..

Property Oracle says ..

The property is a two-bedroom apartment in Bromley, Greater London. Bromley is a popular area with good transport links to central London via several Southeastern train stations within a reasonable distance. The proximity to several primary schools, including those rated ‘Good’ or ‘Outstanding’ by Ofsted, is a positive factor for families. The area also appears to have a mix of property types and price points, suggesting a diverse and potentially thriving community.

The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. There is no evidence of significant wear and tear or the need for renovations. The lack of a garden or significant plot size is a factor to consider, typical for apartments in this area.

Considering the list price of £400,000 and the average price per square foot of £502 in the area, the property’s price seems relatively reasonable. While the average property price in the area is higher (£517,861), this apartment is smaller (956 sq ft compared to the average of 1030 sq ft) and the lack of a garden would typically justify a lower price. Nearby comparable properties range in price, with some apartments selling for less and others for more, supporting the assertion that the £400,000 asking price is within the range of market value for a similar property in this location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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