Mann says ..
Presented to the market with no onward chain is this first floor two bedroom flat situation in a popular gated development. The property comprises of light and spacious reception room with patio doors leading to a balcony, open plan onto the kitchen area with a range of wall and base u...
Property Oracle says ..
This two-bedroom flat in New Green Place, Gipsy Hill, Lambeth, is presented to the market with no onward chain. It’s located in a popular gated development, offering convenience with Gipsy Hill station being approximately 0.55km away, providing good transport links. Several highly-rated primary schools are also within walking distance, adding to its family-friendly appeal. The flat itself has an open-plan kitchen/reception area and benefits from a balcony offering some degree of outdoor space.
However, the property clearly requires modernisation. The images provided indicate dated decor, a basic kitchen, and a need for general improvements throughout. The lack of a substantial garden or private outdoor area may be a drawback for some buyers. The overall condition of the property needs to be considered when assessing value.
The area is generally considered to be a desirable residential location, close to Crystal Palace and its attractions. This improves the property’s marketability, but the current condition must be factored into any potential purchase.
The list price should be carefully considered in relation to the necessary renovations and the relatively small size of the flat, coupled with the lack of garden. Buyers should take this into account and perhaps explore the possibility of negotiation with the seller.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 822.36
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Metrics Year-on-Year
- Average area value
- 455,829.00 £Decreased by 18.48 %
- Est sale value
- 409,535.28 £Decreased by 36.07 %
- Average area rental value
- 2,118.00 £/moDecreased by 3.99 %
- Est letting value
- 1,644.72 £/moDecreased by 33.33 %
- Est rental Yield
- 5.58 %Increased by 17.97 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Mann created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rockmount Primary School | Community School | Outstanding | 0.33 KM |
| Hillcrest | Miscellaneous | 0.38 KM | |
| Paxton Primary School | Community School | Outstanding | 0.66 KM |
| Kingswood Children'S Centre At Norwood Park | Children's Centre Linked Site | 0.73 KM | |
| Kingswood Primary School | Community School | Good | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bristow Road | £ 0 | 0 | 0.00 KM |
| Berridge Road | £ 500,000 | 0 | 0.00 KM |
| Forbes Court | £ 0 | 0 | 0.00 KM |
| Woodland Road | £ 497,857 | 0 | 0.00 KM |
| Tudor Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gipsy Hill | 5363 | GIP | 0.55 KM |
| Sydenham Hill | 5085 | SYH | 1.53 KM |
| Crystal Palace | 5356 | CYP | 1.62 KM |
| West Norwood | 5438 | WNW | 2.23 KM |
| West Dulwich | 5086 | WDU | 2.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Green Place, London, SE19 | £ 360,000 | BUY | 4 / 10 | 0.00 KM |
| New Green Place, Crystal Palace, London, SE19 | £ 750,000 | BUY | Unknown | 0.00 KM |
| Lunham Rd, Crystal Palace | £ 460,000 | BUY | 6 / 10 | 0.10 KM |
| Victoria Crescent, London | £ 450,000 | BUY | 4 / 10 | 0.11 KM |
| Victoria Crescent, London, SE19 | £ 500,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 New Green Place | £ 400,000 | 0.00 KM |
| 11 New Green Place | £ 405,000 | 0.00 KM |
| 5 New Green Place | £ 230,000 | 0.00 KM |
| 14 New Green Place | £ 400,000 | 0.00 KM |
| 3 New Green Place | £ 535,000 | 0.00 KM |