jdm says ..
Chain Free - Two Bedroom Ground Floor Apartment With Gararge In A Sought After Development Walking Distance Of Blackheath Village And Station. In Need Of Modernisation.
Property Oracle says ..
This property in Lock Chase, Blackheath (SE3 9HA) presents a compelling opportunity for a buyer willing to undertake a substantial renovation project. The location is undeniably strong. Blackheath is a sought-after area known for its charming village feel, proximity to excellent schools (including several ‘Outstanding’ rated primary schools) and convenient transport links to central London via Blackheath station. The property itself, however, requires extensive work. The internal photos reveal outdated decor, worn carpets, and potential damp issues. These aspects may deter buyers seeking a move-in-ready property. The property boasts a two-bedroom layout, one bathroom and a shared garden alongside a private garage, representing a valuable asset in a location with limited parking. The asking price of £600,000 should be seen in the context of similar properties in the area; some nearby properties are priced significantly higher, but their condition may also be superior. Prospective buyers will need to carefully consider the cost of renovation alongside the purchase price when assessing this property’s value proposition.
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
- 4
- Location
- 8
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 966.00
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
- 510,640.00 £Decreased by 11.61 %
- Est sale value
- 554,484.00 £Increased by 7.89 %
- Average area rental value
- 2,021.00 £/moIncreased by 13.92 %
- Est letting value
- 1,932.00 £/moIncreased by 100.00 %
- Est rental Yield
- 4.75 %Increased by 28.73 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
jdm created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St Margaret'S Lee Cofe Primary School | Voluntary Aided School | Outstanding | 0.37 KM |
John Ball Primary School | Community School | Outstanding | 0.41 KM |
Heath House Preparatory School | Other Independent School | 0.60 KM | |
St Matthew Academy | Academy Sponsor Led | Good | 0.70 KM |
All Saints' Church Of England Primary School Blackheath | Voluntary Aided School | Good | 0.81 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Quentin Place | £ 1,600,000 | 0 | 0.00 KM |
Eastdown Park | £ 0 | 0 | 0.00 KM |
Manor Brook | £ 1,450,000 | 0 | 0.00 KM |
St Germans Place | £ 0 | 0 | 0.00 KM |
Ensign Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Blackheath | 5095 | BKH | 0.45 KM |
Hither Green | 5107 | HGR | 1.43 KM |
Lee | 5110 | LEE | 1.65 KM |
Maze Hill | 5149 | MZH | 2.25 KM |
Lewisham | 5051 | LEW | 2.26 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Lock Chase, London, SE3 | £ 600,000 | BUY | 6 / 10 | 0.00 KM |
Tristan Square, Blackheath, London, SE3 | £ 800,000 | BUY | 6 / 10 | 0.07 KM |
Lock Chase, London, SE3 | £ 700,000 | BUY | 6 / 10 | 0.10 KM |
Haynes Close, Blackheath, SE3 | £ 500,000 | BUY | 8 / 10 | 0.10 KM |
Haynes Close, London | £ 500,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
5 Tristan Square | £ 870,000 | 0.07 KM |
12 Tristan Square | £ 307,000 | 0.07 KM |
11 Tristan Square | £ 770,000 | 0.07 KM |
7 Tristan Square | £ 595,000 | 0.07 KM |
16 Tristan Square | £ 745,000 | 0.07 KM |