Stirling Ackroyd says ..

Property Oracle says ..

This one-bedroom ground floor apartment in South Norwood, Croydon, is presented by Stirling Ackroyd. Its location offers convenient access to Norwood Junction station and the attractive South Norwood Lake and Waterside Centre. The apartment itself appears reasonably well-maintained, though some cosmetic updates, particularly to the kitchen and bathroom, would improve its overall appeal. The communal garden offers some outside space, but it is shared. Given the lack of precise square footage data for comparable properties, the asking price of £250,000 appears to be competitive within the immediate locale considering similar properties within the area. However, prospective buyers should carefully consider the condition of the kitchen and bathroom, as well as the shared nature of the garden, when assessing the overall value. Additional research into comparable properties in the area with detailed square footage data would be beneficial. The property is likely to attract first-time buyers or investors in the area seeking a relatively affordable entry point into the London property market, however it is important to note that the specific details of the leasehold, such as length and associated costs, should be reviewed during the conveyancing process. Further, the proximity to amenities such as schools will affect its appeal to various buyers.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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