Portland Road, London, SE25
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Portland Road, London, SE25

By Whoobid

£ 110,000

Reviews

2 out of 5 stars

Whoobid says ..

** Great Investment Opportunity ** Cash Buyers Only ** In Need Of Modernisation ** 61 Year Left On Lease ** We are pleased to present this 1 bedroom first-floor flat with great potential, located in the lively area of South Norwood, London SE25. For sale with with tenants in situ with a current yeil

Property Oracle says ..

This one-bedroom flat located on Portland Road in South Norwood, Croydon, is listed for £110,000. The property is described as needing modernisation, and the photos confirm this assessment. The interior shows a dated aesthetic, with wear and tear apparent in the kitchen and bathroom. The property benefits from its location, situated near Norwood Junction Overground station for easy commutes and a selection of schools with good Ofsted ratings. However, the lack of a garden is a notable drawback. The listing mentions the flat’s potential as a rental property, indicating potential for return on investment to attract cash buyers despite the required renovations. Overall, the property represents a project, best suited for buyers comfortable undertaking significant refurbishment. The lack of precise sqft data in the listing presents some uncertainty around the value, despite the price per sqft seeming low compared to other local properties of similar types. This uncertainty is an important consideration in the overall assessment.

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

Price
7
Condition
4
Location
6
Land
1
Bedrooms
1
Bathrooms
0
Sqft (est)
340.03

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
426,700.00 £
Increased by 7.32 %
from 397,596.00 £
Est sale value
136,012.00 £
Decreased by 13.04 %
from 156,413.80 £
Average area rental value
1,639.00 £/mo
Decreased by 2.15 %
from 1,675.00 £/mo
Est letting value
340.03 £/mo
Unchanged by 0.00 %
from 340.03 £/mo
Est rental Yield
4.61 %
Decreased by 8.89 %
from 5.06 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Whoobid created the listing.

Nearby Schools

NameTypeOfstedDistance
Crosfield Nursery School And Children'S CentreChildren's Centre0.33 KM
Crosfield Nursery SchoolLocal Authority Nursery SchoolGood0.33 KM
St Mark'S Church Of England Primary AcademyAcademy Sponsor LedGood0.39 KM
South Norwood PrimaryAcademy Sponsor Led0.45 KM
Oasis Academy RyelandsAcademy Sponsor LedGood0.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Central Place £ 000.00 KM
Crowther Road £ 000.00 KM
St Mark's Road £ 220,00000.00 KM
Foot Path 726 £ 200,00000.00 KM
Merton Road £ 365,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwood Junction5376NWD0.64 KM
Birkbeck5401BIK1.76 KM
Anerley5397ANZ1.84 KM
Selhurst5434SRS2.13 KM
Elmers End5049ELE2.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portland Road, London, SE25 £ 110,000BUY4 / 100.00 KM
Lancaster Road, London, SE25 £ 250,000BUY6 / 100.01 KM
Werndee Road, London, SE25 £ 350,000BUYUnknown0.06 KM
Portland Road, London £ 449,995BUYUnknown0.06 KM
Portland Road, London £ 425,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
94 Portland Road £ 345,0000.00 KM
98 Portland Road £ 3,0000.00 KM
90a Portland Road £ 155,7500.00 KM
90b Portland Road £ 155,7500.00 KM
8 Werndee Road £ 400,0000.06 KM