Homecastle Estate Agents says ..

Property Oracle says ..

This listing is for a lock-up garage located on South Norwood Hill in London. The property’s location is convenient, with relatively easy access to several train stations (Norwood Junction, Selhurst, Crystal Palace) providing links to central London and other areas. Nearby amenities including schools such as Harris Academy South Norwood (Outstanding Ofsted rating) and Cypress Primary School (Good Ofsted rating) are within walking distance, potentially making the area attractive to families. However, the information provided is lacking in details on local shops, restaurants, and other day to day amenities. This would improve the property’s appeal.

The garage itself, judging by the photographs, is in reasonable structural condition, showing some minor signs of wear and tear. The interior contains stored items, indicating that it is utilized for storage. It is important to note that the listing shows a lack of essential property data, such as size (SQFT) and plot size, making a proper assessment of its value against comparable properties difficult. This limited information requires an in person inspection before a complete analysis can be conducted.

The list price of £20,000 is very low in comparison to the average house prices in nearby streets. However, given the lack of detail on the property’s precise dimensions, it’s impossible to definitively comment on whether this is an exceptionally good price or not. Without knowing the exact size of the garage, it’s difficult to ascertain the value per square foot. In the UK market, even garages can sell for significantly more in desirable locations based on location and demand. However this is just speculation without sufficient data provided in this listing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images