Melrose Close, Lee, SE12
CO

Melrose Close, Lee, SE12

By Conran Estates

£ 450,000

Reviews

3 out of 5 stars

Conran Estates says ..

Guide Price £450,000 - £475,000 This charming two-bedroom, one bathroom terrace house is in exceptional condition and offers a fantastic living space in a desirable location.

Property Oracle says ..

This 2-bedroom, 1-bathroom terraced house in Melrose Close, Lee, SE12, presents itself as a reasonably well-maintained property in a convenient location. The property’s close proximity to two Southeastern train stations (Lee and Grove Park) offers excellent commuter links, and the presence of several highly-rated primary schools nearby enhances its appeal to families. The internal photos suggest a well-presented, move-in-ready condition, with modern kitchen and bathroom fittings. The inclusion of a small but usable rear garden further adds to the property’s family-friendly appeal. However, a full evaluation requires more data. The provided data concerning comparative property pricing is lacking in detail, making it difficult to determine if the asking price of £450,000 represents good value. More information on similar properties and square footage in the surrounding area is vital for a definitive conclusion on this key aspect of the property. In summary, this property is a reasonable proposition that requires more analysis regarding location and price to fully determine its market positioning.

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
6
Condition
7
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
826.67

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
518,733.00 £
Increased by 7.95 %
from 480,553.00 £
Est sale value
410,028.32 £
Increased by 14.02 %
from 359,601.45 £
Average area rental value
2,530.00 £/mo
Increased by 39.55 %
from 1,813.00 £/mo
Est letting value
1,653.34 £/mo
Increased by 100.00 %
from 826.67 £/mo
Est rental Yield
5.85 %
Increased by 29.14 %
from 4.53 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Conran Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Cooper'S Lane Primary SchoolCommunity SchoolGood0.50 KM
Horn Park Primary SchoolAcademy ConverterGood0.59 KM
Baring Primary SchoolCommunity SchoolGood0.74 KM
Colfe'S SchoolOther Independent School0.98 KM
Haberdashers' Aske'S Knights Temple GroveAcademy Converter1.12 KM

Images

Picture No. 14 Picture No. 16 Picture No. 18 Picture No. 25 Picture No. 20 Picture No. 22 Picture No. 15

Nearby Streets

NameAverage PriceAverage SqftDistance
Stratfield House £ 000.00 KM
Westhorne Avenue £ 350,00000.00 KM
Palace View £ 000.00 KM
Eversfielld Court £ 000.00 KM
Gavestone Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lee5110LEE1.19 KM
Grove Park5139GRP1.21 KM
Kidbrooke5108KDB2.41 KM
Hither Green5107HGR2.64 KM
Blackheath5095BKH2.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melrose Close, Lee, SE12 £ 450,000BUY6 / 100.00 KM
Burnt Ash Hill, Lee £ 790,000BUY6 / 100.12 KM
Corona Road, Lee £ 425,000BUY7 / 100.12 KM
Nicholas Court, Burnt Ash Hill, Lee, London £ 240,000BUYUnknown0.15 KM
Burnt Ash Hill, Lee £ 300,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
16 Melrose Close £ 200,0000.02 KM
31 Melrose Close £ 380,0000.02 KM
33 Melrose Close £ 190,0000.02 KM
2 Melrose Close £ 395,0000.02 KM
40 Melrose Close £ 188,5000.02 KM