Leaders Sales says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment with a size of 521.50 sqft situated on Blakeney Road in Beckenham, Bromley. The apartment is listed at £315,000 and is part of a larger building with communal gardens and garages. The property benefits from being within proximity to Beckenham Junction and New Beckenham train stations, offering convenient access to London Victoria and Charing Cross. Several schools with good Ofsted ratings are also within a reasonable distance. The apartment appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. The flooring appears to be in good condition. The property includes access to communal gardens, providing some outdoor space. Considering the average price per sqft in the area is £500, and the property is 521.5 sqft, a comparable property might be expected to cost around £260,750. However, the list price is £315,000, which is significantly higher. This discrepancy could be attributed to several factors, including the property’s good condition, proximity to transportation and schools, and the inclusion of communal garden space. The relatively small size of the apartment compared to the area average (521.5 sqft vs 1,107 sqft) may also contribute to the higher price per sqft. Further investigation into comparable recently sold properties in the immediate vicinity would help to provide a clearer picture of the property’s value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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