Croydon Road, Penge, London, SE20
Property World Penge logo

Croydon Road, Penge, London, SE20

By Property World Penge

£ 250,000

Reviews

2 out of 5 stars

Property World Penge says ..

Propertyworld are pleased to offer this attractive top floor one bedroom period conversion apartment to the market. Forming part of a beautiful double fronted Victorian house, close to Penge High St, this attractive property is perfectly positioned for all local amenities, transport links, cafes ...

Property Oracle says ..

This property is a one-bedroom flat located in Penge, South East London, listed for £250,000. Its location is a key strength, offering good access to amenities and transport links. Several train stations are within walking or short bus ride distance, providing convenient commutes to central London. Several schools are located nearby as well.

The flat itself appears to be functional, but is showing its age. The interior photos show a dated kitchen and bathroom. While the rooms are clean, the overall aesthetic points towards a need for renovation to improve value and marketability. The lack of information on the plot size is noteworthy, suggesting a small or non-existent garden. This would be a significant drawback for buyers looking for outdoor space.

Given the relatively affordable price compared to some other properties in the area, the asking price of £250,000 makes this an interesting proposition for first-time buyers or investors, particularly considering the location. However, potential buyers should factor in the potential costs of renovation and modernisation to bring the property up to current standards. A thorough survey is crucial before making an offer to uncover potential hidden issues. The property’s appeal largely depends on a buyer’s willingness to invest in renovations and preferences for its present condition.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
394.00

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
470,278.00 £
Decreased by 9.27 %
from 518,343.00 £
Est sale value
215,912.00 £
Increased by 64.07 %
from 131,596.00 £
Average area rental value
1,755.00 £/mo
Decreased by 20.59 %
from 2,210.00 £/mo
Est letting value
788.00 £/mo
Increased by 100.00 %
from 394.00 £/mo
Est rental Yield
4.48 %
Decreased by 12.50 %
from 5.12 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Property World Penge created the listing.

Nearby Schools

NameTypeOfstedDistance
St Anthony'S Roman Catholic Primary SchoolAcademy ConverterGood0.33 KM
St John'S Church Of England Primary SchoolAcademy Sponsor LedGood0.53 KM
Community Vision Children And Family CentreChildren's Centre0.67 KM
Harris Primary Academy Crystal PalaceAcademy Sponsor LedGood0.69 KM
Stewart Fleming Primary SchoolAcademy ConverterOutstanding0.82 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Garden Road £ 750,00000.00 KM
Hawthorn Grove £ 000.00 KM
Trinity Mews £ 000.00 KM
Evergreen Close £ 000.00 KM
Grace Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Birkbeck5401BIK0.76 KM
Penge West5378PNW0.91 KM
Penge East5072PNE1.00 KM
Anerley5397ANZ1.05 KM
Kent House5080KTH1.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melvin Road, Penge, London £ 800,000BUY6 / 100.02 KM
Garden Road, Penge, London, SE20 £ 250,000BUY6 / 100.07 KM
Croydon Road, London £ 375,000BUY7 / 100.07 KM
Padua Road, London £ 275,000BUY6 / 100.11 KM
Croydon Road, London, SE20 £ 350,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
35 Padua Road £ 600,0000.10 KM
8 Padua Road £ 920,0000.10 KM
21a Padua Road £ 235,0000.10 KM
7b Padua Road £ 100,0000.10 KM
10 Padua Road £ 580,0000.10 KM