Alan de Maid says ..

Property Oracle says ..

This one-bedroom retirement property is located on Addington Road in West Wickham, Bromley. The property is relatively small at 335.26 sqft and sits on a plot of 462 sqft. The location benefits from being within reasonable proximity to several Southeastern train stations, including Hayes (1.38km) and West Wickham (1.88km), providing convenient access to commuting routes. There are also a number of well-regarded schools within a 1.5km radius, such as Glebe School (Outstanding Ofsted rating). The property itself appears to be in good condition based on the provided images; however, the kitchen and bathroom fixtures appear dated, potentially requiring modernisation. The property includes a small garden area.

Considering the average house price in the area is significantly higher (718,780) than the listing price of this property (130,000), and given its size and type, the price seems relatively low. However, it is important to note that the average price per sqft in the area is 540.00, and this property is significantly smaller than the average. Other nearby retirement properties are listed at similar price points, suggesting the list price may be reasonable within the context of the retirement property market in this specific location. The lack of sqft data for nearby properties makes a precise comparison challenging.

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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