Robinson Jackson says ..

Property Oracle says ..

This 2-bedroom, 1-bathroom bungalow located on Christchurch Avenue in Erith, Bexley, is presented to the market for £425,000. The property boasts a modest garden and is within close proximity to Erith train station, providing convenient access to London. There are also several schools nearby, including a primary school rated ‘Outstanding’ by Ofsted. However, the internal photographs suggest the property could benefit from some modernisation. The kitchen and bathroom appear dated, and an overall refresh could significantly enhance the property’s appeal. The property’s relatively small plot size is also a consideration. Overall, while the location and transport links are positive aspects, potential buyers should factor in the need for potential modernisation and the average-sized garden. Considering nearby property sales data shows similar properties selling within a similar price range, the current asking price appears reasonable, at least for the Erith market. The lack of sqft data for comparable properties on Christchurch Ave limits a definitive assessment of value per sqft. Further investigation into the specifics of the plot size and the condition of the property would provide a more comprehensive evaluation. This would include assessing the condition of the roofing, plumbing and heating systems, as well as inspecting the foundation and structural integrity of the building, to obtain a more accurate assessment. In conclusion, the property is a reasonable option for a first-time buyer or investor looking for a property in a convenient location with some potential for improvement, but requires a careful evaluation of the property’s age and the cost of potential renovations.

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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