haart says ..

Property Oracle says ..

This one-bedroom, one-bathroom property located on Victoria Crescent in Gipsy Hill, Lambeth, is currently listed for £450,000. The property’s condition requires significant renovation. The provided images show the bathroom in need of major repair, with visible damage to the bath and surrounding area. Flooring throughout is dated and worn, and the walls need repainting. While the kitchen has red high-gloss units, it still looks dated. The property benefits from a location near Gipsy Hill station, multiple schools including two with Outstanding Ofsted ratings, and Crystal Palace Park. However, the lack of information regarding the property’s exact size and the extent of outdoor space makes a conclusive assessment of value difficult. Considering the substantial renovation needed, potential buyers should factor in significant refurbishment costs into their budget. The lack of sqft information for this listing and comparable properties in the area means a comprehensive price per sqft analysis is impossible. Overall, this property presents an opportunity for renovation but requires a buyer who is comfortable with a significant project and has the means to cover necessary expenditure before occupancy.

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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