Conran Estates says ..

Property Oracle says ..

This three-bedroom terraced house on Ronver Road, Lee, SE12, presents a mixed bag of opportunities and challenges. Its location is advantageous, with good access to public transportation via Lee Station and a number of well-rated primary schools within reasonable proximity. The garden, although the precise size remains unclear, is a positive attribute.

However, the property’s condition is a significant factor. The photographs clearly illustrate the need for substantial modernisation, including updating the kitchen and bathroom, replacing carpets, and potentially addressing wear and tear on the walls and other finishes. This will require a significant investment from the prospective buyer.

Determining the precise value is difficult due to the absence of precise square footage data. Comparing it to nearby properties on Ronver Road and nearby streets reveals a broad price range, reflecting the variety in condition and size. Therefore, the pricing strategy necessitates careful consideration. A buyer should factor in the cost of renovations to ascertain the true value and the overall viability of this investment.

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

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