Orchard Grove, Penge, SE20
KE

Orchard Grove, Penge, SE20

By Key Property Consultants

£ 200,000

Reviews

2 out of 5 stars

Key Property Consultants says ..

*** GUIDE PRICE £200,000 - 220,000*** GROUND FLOOR FLAT LOCATED IN THE EVER POPULAR ORCHARD GROVE DEVELOPMENT! EXCELLENT OPPORTUNITY TO GET ONTO THE PROPERTY LADDER WITH THIS STUDIO FLAT SITUATED PERFECTLY FOR PENGE WEST OVERGROUND. EEC RATING D, NEW LEASE 125 YEARS TO BE RENEWED.

Property Oracle says ..

This studio flat in Penge, SE20, is located in a convenient spot near Crystal Palace Overground station, making commuting relatively easy. The proximity to Crystal Palace Park is also a plus, offering green space and recreational opportunities. The property itself is a studio flat, suggesting a compact living space. While the exterior of the building appears reasonably well-maintained, the interior photos reveal a somewhat dated aesthetic with basic fixtures and finishes. The kitchen and bathroom seem functional but could use updating. There is a small outdoor area, more of a paved patio than a garden. The listing price falls within the range of similar properties in the area, although a precise price-per-square-foot comparison is not possible due to missing data. Overall, the property presents a reasonable opportunity for first-time buyers or investors, potentially requiring some modernisation to increase its market value. The lack of data regarding square footage for comparable properties makes a detailed price analysis challenging. The small plot size and the average condition of the interior are key factors to consider. The potential for improvement, coupled with the location, makes this a reasonably priced option.

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

Price
7
Condition
5
Location
7
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
324.00

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
445,000.00 £
Increased by 0.77 %
from 441,585.00 £
Est sale value
216,432.00 £
Increased by 14.58 %
from 188,892.00 £
Average area rental value
1,900.00 £/mo
Increased by 9.38 %
from 1,737.00 £/mo
Est letting value
648.00 £/mo
Unchanged by 0.00 %
from 648.00 £/mo
Est rental Yield
5.12 %
Increased by 8.47 %
from 4.72 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Key Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
James Dixon Primary SchoolAcademy ConverterGood0.68 KM
Harris City Academy Crystal PalaceAcademy Sponsor LedOutstanding0.81 KM
Community Vision Children And Family CentreChildren's Centre1.15 KM
Paxton Primary SchoolCommunity SchoolOutstanding1.22 KM
Sydenham High School GdstOther Independent School1.34 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Brunswick Place £ 000.00 KM
Sycamore Grove £ 000.00 KM
Belvedere Road £ 000.00 KM
Robinia Close £ 000.00 KM
Tower Close £ 400,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Crystal Palace5356CYP0.20 KM
Anerley5397ANZ0.80 KM
Penge West5378PNW1.18 KM
Gipsy Hill5363GIP1.61 KM
Penge East5072PNE1.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Orchard Grove, Penge, SE20 £ 200,000BUY5 / 100.00 KM
Orchard Grove, Penge, London, SE20 £ 375,000BUY5 / 100.01 KM
Orchard Grove, Anerley, London, SE20 £ 350,000BUY6 / 100.02 KM
Orchard Grove, London £ 270,000BUY7 / 100.03 KM
Orchard Grove, London £ 200,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
30 Orchard Grove £ 144,9950.01 KM
40 Orchard Grove £ 225,0000.01 KM
4 Orchard Grove £ 49,9950.01 KM
80 Orchard Grove £ 225,0000.01 KM
8 Orchard Grove £ 168,0000.01 KM