Truepenny's Property Consultants says ..

Property Oracle says ..

The property is located in Peckham, South East London. Peckham is a vibrant and increasingly popular area, known for its diverse community, independent shops, and excellent transport links. The proximity to Peckham Rye station provides easy access to central London and other parts of the city. The presence of several well-regarded primary schools within a short distance is a significant positive for families. The area’s regeneration has led to increased property values, making it an attractive investment.

Based on the provided images, the property appears to be in excellent condition. It has undergone a recent and tasteful refurbishment, with modern fixtures and fittings throughout. The kitchen and bathrooms are particularly well-presented, and the overall aesthetic is clean, contemporary, and well-maintained. There is no evidence of any significant repairs or renovations needed.

The property includes a well-maintained rear garden, offering a private outdoor space. While not extensive, the garden is a valuable addition to the property, especially in a densely populated urban area like Peckham.

Considering the property’s excellent condition, desirable location, and inclusion of a garden, the list price of £950,000 appears to be in line with, or potentially slightly above, the current market value in the immediate area. While the average price per square foot in the area is £746, this property benefits from its superior condition and location, justifying a potential premium. Comparable properties on Dewar Street have sold for similar or higher prices, reinforcing the valuation. However, it is worth noting that the absence of plot size data in the provided information limits the complete assessment of land value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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