Your Move says ..

Property Oracle says ..

This three-bedroom terraced house located on Siebert Road in Blackheath Westcombe, Greenwich, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location is a significant advantage. Blackheath Westcombe is a popular area known for its family-friendly atmosphere, good schools, and convenient transport links to Central London via Westcombe Park train station. The proximity to Invicta Primary School and Sherington Primary School (rated ‘Good’ and ‘Outstanding’ respectively) will appeal to families with young children. However, the property itself requires considerable modernisation. The photos reveal outdated kitchen and bathroom fittings, carpets throughout and generally tired interiors. Potential buyers should factor in a substantial renovation budget to update the property to contemporary standards. The small, overgrown garden provides some outdoor space, but it is not extensive. While the asking price of £550,000 aligns with some other properties on Siebert Road, it may be slightly higher than the current market value considering the required renovations. Therefore, a thorough survey and potentially some negotiation on the price will be essential before making an offer. Overall, this property is well-situated but requires significant investment to reach its full potential.

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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