Melvin Road, Penge, London
Property World Penge logo

Melvin Road, Penge, London

By Property World Penge

£ 340,000

Reviews

3 out of 5 stars

Property World Penge says ..

GUIDE PRICE £340,000 - £350,000 Property World is delighted to present this beautifully refurbished, ground floor, two bedroom purpose built flat in Capel Court, Melvin Road, Penge. Situated in a sought after road in an attractive low-rise building, this stylish home has been tastefully ...

Property Oracle says ..

This two-bedroom flat in Penge, London, presents a modern and well-maintained living space. The property boasts a recently updated kitchen and bathroom, which are finished to a contemporary standard. Images showcase a bright and airy interior, suggesting a comfortable living environment. The location offers proximity to several schools, which is a significant benefit for families. Transport links, including the London Overground, provide relatively easy access to central London. However, the lack of private outdoor space is a notable drawback. While the listed price of £340,000 is in line with general market expectations for the area for a refurbished property, without more precise details such as square footage data for the flat and information on the building’s leasehold details, it’s difficult to accurately assess the property’s value for money. Further investigation into comparable properties recently sold in the immediate vicinity of Melvin Road would offer a more comprehensive price assessment. Overall, it is a suitable option for first-time buyers or small families looking for a well-presented flat in a convenient location but who are not looking for a property with extensive outside space.

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

Price
7
Condition
8
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
628.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
470,278.00 £
Decreased by 9.27 %
from 518,343.00 £
Est sale value
344,144.00 £
Increased by 64.07 %
from 209,752.00 £
Average area rental value
1,755.00 £/mo
Decreased by 20.59 %
from 2,210.00 £/mo
Est letting value
1,256.00 £/mo
Increased by 100.00 %
from 628.00 £/mo
Est rental Yield
4.48 %
Decreased by 12.50 %
from 5.12 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Property World Penge created the listing.

Nearby Schools

NameTypeOfstedDistance
St Anthony'S Roman Catholic Primary SchoolAcademy ConverterGood0.24 KM
Community Vision Children And Family CentreChildren's Centre0.52 KM
St John'S Church Of England Primary SchoolAcademy Sponsor LedGood0.53 KM
Harris Primary Academy Crystal PalaceAcademy Sponsor LedGood0.59 KM
Stewart Fleming Primary SchoolAcademy ConverterOutstanding0.84 KM

Images

07-5f84JHPropWpen - 2 Capel Court - 19-medium.jpg 15-2cb2JHPropWpen - 2 Capel Court - 43-medium.jpg 08-b5b9JHPropWpen - 2 Capel Court - 22-medium.jpg 06-f6d0JHPropWpen - 2 Capel Court - 16-medium.jpg 09-660aJHPropWpen - 2 Capel Court - 25-medium.jpg 11-3af9JHPropWpen - 2 Capel Court - 31-medium.jpg 13-5300JHPropWpen - 2 Capel Court - 37-medium.jpg 03-1992JHPropWpen - 2 Capel Court - 7-medium.jpg 04-5529JHPropWpen - 2 Capel Court - 10-medium.jpg 05-743cJHPropWpen - 2 Capel Court - 13-medium.jpg 10-1ea4JHPropWpen - 2 Capel Court - 28-medium.jpg 01-e34dJHPropWpen - 2 Capel Court - 1-medium.jpg 12-2571JHPropWpen - 2 Capel Court - 34-medium.jpg 14-e193JHPropWpen - 2 Capel Court - 40-medium.jpg 02-e92eJHPropWpen - 2 Capel Court - 4-medium.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Hawthorn Grove £ 000.00 KM
Garden Road £ 750,00000.00 KM
Evergreen Close £ 000.00 KM
Trinity Mews £ 000.00 KM
Grace Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penge West5378PNW0.79 KM
Birkbeck5401BIK0.84 KM
Anerley5397ANZ0.91 KM
Penge East5072PNE0.99 KM
Kent House5080KTH1.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melvin Road, Penge, London, SE20 £ 750,000BUYUnknown0.04 KM
Melvin Road, Penge, London, SE20 £ 875,000BUY7 / 100.05 KM
Melvin Road, Penge, London £ 340,000BUY7 / 100.06 KM
Melvin Road, London, SE20 £ 750,000BUY8 / 100.06 KM
Maple Road, Roberts Court Maple Road, SE20 £ 300,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
25 Melvin Road £ 464,9500.03 KM
26 Melvin Road £ 157,5000.03 KM
14 Melvin Road £ 505,0000.03 KM
10a Melvin Road £ 350,0000.03 KM
7 Melvin Road £ 30,0000.03 KM