Barnard Marcus says ..

Property Oracle says ..

This property is a two-bedroom flat located in Selhurst, Croydon. The property is currently listed at £150,000 and has a floor area of 703.10 sqft. The average price for properties in the area is £306,838 with an average price per sqft of £392. This suggests that the property is priced significantly below the average for the area. However, the images reveal that the property is in need of significant renovation. The kitchen and bathrooms are dated and require updating, and there is evidence of damp and general disrepair throughout the property. The property benefits from being close to several well-regarded schools, including Chestnut Park Primary School and Harris Invictus Academy Croydon, both rated as Outstanding by Ofsted. Transport links are also good, with West Croydon station less than a kilometer away. While the location is positive, the condition of the property significantly impacts its overall value. The lack of plot size is a drawback, but this is typical of flats in this area. Overall, the property presents a potential opportunity for someone looking for a renovation project in a desirable location. The low price reflects the extensive work required, but the potential return on investment could be substantial after refurbishment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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