Foxtons says ..

Property Oracle says ..

The property is a two bedroom, two bathroom penthouse apartment located on Cherry Orchard Road in the Addiscombe West area of Croydon, South London. The apartment is part of the Rainier development and benefits from a large private roof terrace offering extensive views of the surrounding area.

The apartment appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a bright, airy space with a contemporary design. The kitchen is well-equipped and the bathrooms are modern and clean. There is ample natural light throughout the property.

The location is convenient, with East Croydon station within easy reach, providing excellent transport links into central London and other parts of the UK. There are also a number of schools in the vicinity, including Ark Oval Primary Academy and Al-Khair Secondary Girls, both rated ‘Good’ by Ofsted.

While the plot size is listed as 0.00 sqft, the substantial private roof terrace compensates for the lack of a traditional garden. This terrace provides valuable outdoor space for relaxation and entertaining.

Considering the average price per sqft in the area is £468, and the property is 710.42 sqft, a rough estimate of the expected price would be around £333,000. The list price of £525,000 is significantly higher than this estimate. However, the penthouse status, modern condition, and the large private terrace likely justify the higher price, although it is at the higher end of the market. More comparable properties would be needed to confirm this.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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