Barnard Marcus says ..

Property Oracle says ..

This ground floor flat is located on Grange Road in the London Bridge & West Bermondsey area of Southwark, Greater London. The property is a 1-bedroom, 1-bathroom flat with a size of 500.41 sqft and a list price of £255,000. The area benefits from being close to several transport links, including London Bridge station (1.19km), and a number of highly-rated schools, such as Kintore Way Nursery School and Children’s Centre (0.48km) and Boutcher Church of England Primary School (0.49km). However, the property itself appears to be in need of significant renovation. The images show exposed flooring, damaged walls and a neglected garden. This significantly impacts its current value. While the location is desirable, the condition of the property and the lack of plot size are major factors to consider. Compared to the average price per sqft in the area (£1,090), the list price seems low, but this is likely due to the extensive renovation required. Nearby properties show a wide range of prices, reflecting the varied conditions and sizes of homes in the area. The lack of comparable properties with similar condition and features makes a definitive price comparison difficult.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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