The list price of £400,000 for a 620 sqft, 2-bedroom property in Peckham requires careful consideration. While Peckham’s property market is active, the lack of plot size and the property’s condition impact its value. The price per sqft is not available for calculation, making a precise valuation challenging. However, considering comparable properties, the price seems slightly on the higher end given the need for substantial renovations.

Based on the photos, the property appears to be in need of significant modernisation and updating. The interiors show worn flooring, outdated kitchen and bathroom fittings, and a general lack of cosmetic finishes. While the structure seems sound, substantial renovation is required to bring it up to modern standards.

The property is situated in Peckham, SE15, a popular area in South London. It benefits from proximity to Queens Road Peckham station (0.55km), providing convenient access to public transport. Several well-regarded schools are within a reasonable distance, making it attractive to families. While Peckham has seen significant regeneration, certain pockets might still present challenges regarding safety and amenities, hence the score isn’t a perfect 10.

The property has virtually no land, only a small front garden visible in the photograph. This is a significant drawback, especially for those seeking outdoor space.