The list price of £700,000 seems relatively reasonable considering the size (1308 sq ft), location (Penge), and the presence of a garden. While comparable properties in the area lack precise square footage data for reliable price per square foot comparisons, the price aligns with general market trends for similar properties in Penge and nearby areas. This suggests it’s neither significantly overpriced nor a remarkable bargain.

Based on the photographs, the property appears to be in reasonably good condition, though some updating or modernisation may be desirable. The kitchen has been recently updated, while other areas such as the bathrooms and bedrooms, show signs of age and would benefit from some refurbishment. The overall state is presentable and habitable, but not considered top-tier.

The property is located in Penge, South East London. Penge benefits from good transport links with Penge East station providing Southeastern services, offering convenient commutes into London. The presence of several well-regarded primary schools within a short distance further enhances its family-friendliness. While Penge might not be considered one of London’s most central or prestigious areas, it offers a decent balance of convenience and affordability compared to other parts of Greater London.

The property includes a garden of a reasonable size for a terraced house in London. While it’s not exceptionally large, it provides adequate outdoor space, which is a valuable asset in an urban setting. It is larger than many comparable properties in the area