Acorn says ..

Property Oracle says ..

Vestry Road, London, SE5 8PQ Property Report

Location: The property is located in St Giles, Southwark, which is a convenient location. It is within a reasonable distance of several transportation options, including Denmark Hill station (0.82 KM), and several well-regarded schools such as The Villa and Dog Kennel Hill School, both rated ‘Good’ by Ofsted. The proximity to local amenities and transport links contributes to a positive location score.

Condition: Based on the provided images, the property appears to be in generally fair condition. While the bathroom shows some modern updates, other areas such as the living room and kitchen show signs of wear and tear, and could benefit from some modernisation and/or refurbishment. The overall condition is not poor, but it is not in excellent condition either.

Land: The property has a small balcony, which is a positive feature, but this is not a significant amount of outdoor space. The plot size is recorded as 0.00 sqft.

Price: The list price of £425,000 seems reasonable considering the average price of £610,423 for the area. However, the average price per sqft in the area is £631, and this property is 772 sqft, suggesting a price per sqft of approximately £550. While this is lower than the area average, the condition of the property and lack of significant outdoor space may justify this lower price per sqft. Nearby comparable properties on Vestry Road have sold for prices ranging from £118,000 to £450,000, indicating some price variation in the street. The property’s price is therefore considered reasonable in relation to the market, but not exceptional value.

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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