Pedder says ..

Property Oracle says ..

This three-bedroom Victorian terrace house in Peckham, SE15, presents a mixed bag of opportunities and challenges. The property's location is a significant strength. Peckham is an increasingly popular area of South London with good transport connections via Peckham Rye and Queens Road Peckham stations. The presence of well-regarded primary schools nearby adds to its family-friendly appeal. However, the street itself appears not to be among Peckham's most exclusive. The interior condition of the house requires attention. Whilst habitable, the property shows its age through dated décor, fixtures and fittings. Some rooms seem in need of refreshing and modernisation to enhance appeal and value. The kitchen is functional but again, requires modernizing. The bathroom is relatively modern in comparison. The exterior presents as a typical terrace, and external improvements are advisable. The garden is adequate in size, but appears unkempt and could benefit from landscaping to elevate its aesthetic appeal. Considering the location in Peckham, the number of bedrooms, and the presence of a garden, the asking price of £765,000 might be considered a reasonable starting point, provided the buyer factors in the likely costs of modernisation and improvements. This might offer significant return, however, it represents a commitment of both time and financial resource in renovation works. Overall, this property will appeal to those with a budget that caters for refurbishment and a preference for the Peckham location, offering a potential future gain through refurbishment. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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