Langford Russell says ..

Property Oracle says ..

This property is a bungalow located in Orpington, Bromley, with a list price of £500,000. The property is in need of significant renovation, as evidenced by the numerous images showing damaged walls, flooring, and outdated fixtures. The kitchen and bathrooms require complete modernization. While the property has a garden, it appears somewhat overgrown and in need of attention. The average house price in the area is considerably higher (£852,459), and the average price per square foot is £508, while this property is listed at a lower price per sqft. However, the need for extensive renovations must be factored into the overall value. The location is positive, with nearby schools and transportation links. The property is close to Orpington train station, providing convenient access to London. Several well-regarded schools are within walking distance. Overall, this property presents a significant renovation project with potential for a good return on investment given its location, but the buyer should budget for substantial refurbishment costs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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