Marvels Lane, London
IR

Marvels Lane, London

By Irwin Scott

£ 375,000

Reviews

3 out of 5 stars

Irwin Scott says ..

If you are looking for a well proportioned two bedroom home that you can put your own mark on, then take time to come and view this one! Situated along a popular residential road with local bus routes close by, the property currently offers a separate front reception room, open plan kitchen/diner...

Property Oracle says ..

The property is located in the Grove Park area of Lewisham, in Greater London. It’s a two-bedroom terraced house with a small garden. The property is within a reasonable distance of Grove Park mainline station (1.47km), providing convenient access to transport links. Marvels Lane Primary School is also very close by (0.25km).

Based on the photos, the property appears to be in generally fair condition. While it is habitable and doesn’t appear to require major renovations, some minor cosmetic updates and improvements could enhance its overall appeal and value. The kitchen and bathroom are functional but could benefit from some modernisation.

The property has a small garden, which is a positive feature, especially in a London location. However, the plot size is relatively small.

Considering the list price of £375,000, the average price in the area (£452,385), and the average price per square foot (£449), the property seems reasonably priced, potentially slightly below average for the area. However, the lack of information on the square footage of comparable properties makes a definitive statement difficult. The smaller size of the property (720 sqft) compared to the average (1006 sqft) and the slightly below average condition may justify the lower price. Further, the absence of bathrooms in the listing is a significant factor that influences the pricing.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
2
Bathrooms
0
Sqft (est)
720.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
518,733.00 £
Increased by 7.95 %
from 480,553.00 £
Est sale value
357,120.00 £
Increased by 14.02 %
from 313,200.00 £
Average area rental value
2,530.00 £/mo
Increased by 39.55 %
from 1,813.00 £/mo
Est letting value
1,440.00 £/mo
Increased by 100.00 %
from 720.00 £/mo
Est rental Yield
5.85 %
Increased by 29.14 %
from 4.53 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Irwin Scott created the listing.

Nearby Schools

NameTypeOfstedDistance
Marvels Lane Primary SchoolCommunity SchoolGood0.25 KM
Castlecombe Children And Family CentreChildren's Centre1.02 KM
St Vincent'S Catholic Primary SchoolAcademy Converter1.03 KM
Elmstead Wood Primary SchoolAcademy ConverterGood1.16 KM
Eltham CollegeOther Independent School1.30 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Castleton Road £ 393,75000.00 KM
Robin Hill Drive £ 1,495,00000.00 KM
Tenterden Close £ 000.00 KM
Eversfielld Court £ 000.00 KM
Sycamore Close £ 750,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Grove Park5139GRP1.47 KM
Elmstead Woods5135ESD1.55 KM
Sundridge Park5155SUP2.07 KM
Mottingham5118MTG2.26 KM
Bromley North5096BMN2.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marvels Lane, London £ 360,000BUY7 / 100.00 KM
Marvels Lane, London, SE12 9PU £ 370,000BUYUnknown0.01 KM
Castleton Road, London, SE9 £ 425,000BUYUnknown0.06 KM
Clayhill Crescent, London, SE9 £ 525,000BUY6 / 100.08 KM
Castleton Road, Mottingham, SE9 £ 395,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
323 Marvels Lane £ 440,0000.02 KM
337 Marvels Lane £ 365,0000.02 KM
313 Marvels Lane £ 425,0000.02 KM
315 Marvels Lane £ 315,0000.02 KM
319 Marvels Lane £ 367,0000.02 KM