Acorn says ..

Property Oracle says ..

This three-bedroom, one-bathroom terraced house in Catford South, Lewisham, presents a mixed investment opportunity. Its location offers decent transport links and proximity to schools, but this is balanced against the property's condition and the lack of plot size specifics. The property requires a significant amount of renovation work. Images show damaged walls, outdated kitchen and bathroom fixtures, and an overgrown garden. A potential buyer should factor these renovation costs into their budget, which could be considerable. While the asking price of £400,000 may not be unreasonably high for the area, it is important to note that this is likely driven by the overall London market. The condition of the property could necessitate a more realistic valuation once renovation costs are considered. The lack of precise square footage for the property and garden prevents a full evaluation of the price-per-square-foot value. The absence of this data impacts a definitive conclusion on overall value. The property is suitable for someone comfortable taking on a substantial renovation project and willing to invest significantly to realize its full potential. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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