Acorn says ..

Property Oracle says ..

This four-bedroom, one-bathroom property in Lewisham, London, is listed at £1,000,000. The property’s exterior presents a traditional Victorian style characteristic of the area, with a garden (although overgrown). However, the interior requires significant refurbishment. Walls show extensive wear and tear; the flooring appears dated and in need of replacement, and the bathroom and kitchen are clearly outdated. The property’s plot size is not provided, but the garden appears to be of a standard size for the area. The area offers relatively good transport connections (with Overground and train links) and several primary schools with good Ofsted ratings. While the price aligns reasonably with comparable properties in the locale, the extent of necessary renovation must be considered. Prospective buyers should budget substantially for renovations, factoring in the cost of bringing the property’s interior up to modern standards, including complete kitchen and bathroom replacements. The location is a definite advantage, particularly for families due to the proximity to well-regarded schools, but the significant condition issues require a detailed assessment of renovation costs before committing to purchase. The need for renovations can impact the overall value for money, so potential buyers should get accurate estimates for the renovation work to inform their purchasing decision.

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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