Proctors says ..

Property Oracle says ..

This two-bedroom detached bungalow in Shirley, Croydon, presents a compelling opportunity for a buyer willing to undertake a substantial renovation project. Located on The Rosery, the property benefits from a relatively convenient position close to schools such as Monks Orchard Primary School and train stations including Elmers End. The sizable garden is a definite asset, offering the potential for future extensions (subject to planning permissions). However, the interior is dated, with carpets, décor, and fixtures needing complete replacement. There is apparent damp in one bedroom which requires professional assessment. While the external structure appears sound, the images reveal an overall requirement for full modernisation. The asking price of £400,000 should be viewed in light of the required works; while potentially competitive for the area, this figure doesn’t reflect the potential costs of a complete renovation. Comparable properties in the area, as shown in the provided data, showcase a range of prices, indicating that this property’s value significantly depends on the extent of the planned renovation and the market conditions at the time of sale. Potential buyers should conduct a full survey to ascertain the true cost of refurbishment before committing to the purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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