Leaders Sales says ..

Property Oracle says ..

The property is located in Croydon, a suburban area in South London. Keens Road is within a reasonable distance of several schools, all rated ‘Good’ or ‘Outstanding’ by Ofsted, making it attractive to families. South Croydon train station is less than a kilometre away, providing convenient access to central London. The area appears to be residential with a mix of terraced houses.

Based on the provided images, the property is in need of modernisation and some repairs. The carpets are worn, the kitchen and bathroom are outdated, and the garden requires attention. The property shows signs of age and wear and tear, indicating a need for renovation work.

The property includes a small garden, which is a desirable feature for many buyers. While the garden is overgrown, it still offers potential for improvement.

Considering the list price of £325,000, the average price in the area of £525,792, and the average price per square foot of £662, this property appears to be underpriced compared to the average for the area. However, its condition needs to be factored in. Nearby comparable properties on Keens Road range from £186,000 to £475,000, with significant variation in price potentially reflecting differences in size and condition. The significantly lower price of this property is likely due to its condition requiring substantial renovation. Therefore, while seemingly underpriced compared to average prices, the required work may balance this out.

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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