Davies Auctions says ..

Property Oracle says ..

This property, located at 12b Courtney Road in Colliers Wood, Merton, is listed for sale at a notably low price of £38,000. The property is a terraced house in an area with relatively good transport links to central London via the Northern Line. Several primary schools with good Ofsted ratings are within a reasonable distance, suggesting family-friendly amenities. However, without knowing the property’s square footage or the extent of any garden, it’s difficult to ascertain the true value. The image suggests a relatively standard, possibly older, terraced house that could benefit from some modernisation. The extremely low price compared to other properties on Courtney Road and surrounding streets raises significant questions. Potential buyers should exercise extreme caution and conduct thorough due diligence, including a full survey, to understand the reason for the low asking price and any potential issues before making an offer. The lack of key details such as square footage and plot size makes a comprehensive evaluation impossible with the given information. The price discrepancy necessitates a detailed investigation into the property’s condition and any legal or structural issues that might explain the low asking price.

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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