jdm says ..

Property Oracle says ..

The property is located in Shortlands, Bromley, a suburb of London. The area benefits from being close to several highly-rated primary schools including Harris Primary Academy Shortlands (Ofsted rating: Outstanding) and Valley Primary School (Ofsted rating: Good). Shortlands train station is also within walking distance, providing convenient access to central London. The proximity to good schools and transport links makes this a desirable location for families. Based on the provided images, the property appears to be in need of modernisation. While structurally sound, the interior décor and fixtures are dated. The kitchen and bathroom, in particular, show their age and would likely benefit from refurbishment. The property does appear to have some original features which could be retained and restored to enhance the property. The property includes a garden, which adds to its appeal, particularly for families. The garden is of a reasonable size, providing outdoor space for recreation and relaxation. The list price of £950,000 is significantly higher than the average price for the area (£667,500). However, the property is considerably larger than average (4,238.75 sqft compared to 1,235 sqft). The average price per square foot in the area is £540, while this property’s price per square foot is approximately £224. This suggests that the property may be overpriced, considering its condition and the need for potential modernisation. However, the large plot size and desirable location may justify a premium compared to average properties in the area. Nearby comparable properties on Cumberland Road have sold for between £770,000 and £835,000, suggesting that the asking price may be at the higher end of the market. Further analysis of comparable properties with similar plot sizes and condition would be beneficial to determine a more precise valuation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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