Barnard Marcus says ..

Property Oracle says ..

The property is located in Amherst Close, Orpington, which is in the Cray Valley West area of Bromley, Greater London. It’s a two-bedroom, one-bathroom house with a total area of 807.29 sqft and a listed price of £225,000. The property is within close proximity to St Mary Cray train station (0.20 KM), offering convenient access to London Victoria via Southeastern services. Several primary schools with “Good” Ofsted ratings are also within a reasonable distance, including Poverest Primary School and Leesons Primary School (both 0.49 KM away).

Based on the provided images, the property appears to be in need of significant renovation. The interior shows worn flooring, damaged walls, and outdated fixtures. The kitchen and bathroom require complete modernisation. The overall condition suggests a substantial investment will be needed to bring it up to a modern standard.

The property’s plot size is listed as 0.00 sqft, indicating a lack of garden space. This is a significant drawback, especially considering the average garden size for properties in the area.

Considering the property’s condition, the lack of a garden, and the local market data (although precise average price per sqft data is missing), the listed price of £225,000 may appear reasonable to some buyers who are willing to undertake a full renovation. However, the required investment in renovations will significantly impact the overall cost of ownership. Similar properties in the area, even those requiring some work, are listed at higher prices, suggesting that the property may be undervalued, but only if the buyer is willing to put in the work. A full refurbishment would be required before the property could be considered to be a good value for money.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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