Acorn says ..

Property Oracle says ..

This property is a 2 bedroom apartment located in the Rushey Green area of Lewisham, London. It has a list price of £385,000 and is 4,428.10 sqft with a 674 sqft plot. The area has an average house price of £450,710 and an average price per sqft of £559.

The property benefits from being close to several Southeastern train stations (Ladywell, Hither Green, Catford Bridge, and Lewisham) within a 2km radius, providing good transport links. There are also several well-regarded schools nearby such as Brindishe Green School (Outstanding Ofsted rating) and Holy Cross Catholic Primary School (Outstanding Ofsted rating), making it an attractive location for families.

Based on the provided images, the property appears to be in need of some modernisation. The flooring throughout requires attention, and whilst the kitchen and bathroom appear relatively modern, the overall condition suggests a need for refurbishment to bring it up to a higher standard. The garden is present, but requires some landscaping work.

Considering the average price per sqft in the area (£559) and the property’s size (4,428.10 sqft), a rough estimate of its value would be around £2,479,871. However, the actual list price is significantly lower (£385,000). This suggests that the price may represent good value, taking into account the required modernisation. However, the lack of sqft data for comparable properties makes a precise price comparison difficult. The lower list price could also reflect the condition and the need for renovation.

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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