Pollard Machin says ..

Property Oracle says ..

This one-bedroom apartment in Purley, Croydon, is listed at £100,000. The property is part of a residential development, with brick exteriors and what appears to be communal landscaping. Images show a compact, yet functional layout. The interior features a combined living and dining area, a simple, fitted kitchen with essential appliances, a single bathroom with a shower, and a modestly sized bedroom. The property appears well-maintained, but the finishes suggest it might benefit from modernisation to elevate its appeal and value. Its proximity to Purley station adds significant value, offering convenient transport links to London and beyond. Several well-regarded schools are located nearby, making this location potentially attractive to families. However, a significant drawback is the apparent lack of a private garden or outdoor space. The limited plot size might also affect the overall valuation, particularly compared to other properties in the vicinity. It’s worth noting that several nearby properties are significantly higher in value, often larger semi-detached homes. This might be due to factors such as size, style, condition, and the type of buyer targeted (i.e. retirement property buyers versus family buyers). Overall, the property offers convenient access to amenities, good transport links, and schooling but lacks outdoor space. Buyers should carefully consider their needs and expectations before making an offer. Further investigation into the precise size of the apartment and any associated service charges or fees would be crucial.

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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