Reside says ..

Property Oracle says ..

This property is a one-bedroom flat located in the Telegraph Hill area of Lewisham, South East London. The area benefits from excellent transport links, with New Cross Gate Overground station just a short walk away, providing easy access to central London. There are also several well-regarded schools nearby, including Haberdashers’ Aske’s Hatcham College and Haberdashers’ Aske’s Hatcham Temple Grove Free School. The property itself is a period property, showing its age in the photos. While it has character, it could benefit from some modernisation. The kitchen and bathroom appear dated and may require updating. The property does not have a garden. The list price of £375,000 is significantly below the average price for the area (£624,681), however, this is likely due to the condition of the property and the lack of a garden. Compared to nearby properties, some are significantly more expensive, suggesting that this property is priced competitively, considering its condition and size. The average price per sqft in the area is £430; this property is £375,000 for 497.62 sqft, which equates to approximately £753 per sqft. This is considerably higher than the average, but may be justified by the location.

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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