The list price of £550,000 seems somewhat high considering the property’s condition and the need for renovations. While the location is positive and a garden is present, the internal condition significantly detracts from the property’s overall value. Comparable properties in better condition command higher prices, suggesting a need for negotiation or significant refurbishment cost reductions. The lack of sqft information on comparable properties makes accurate comparison challenging.

Based on the photos, the property appears to be in need of some modernisation and refurbishment. While the structure seems sound, the interior requires significant updating. The kitchens and bathrooms show wear and tear, and the overall presentation is cluttered and dated, requiring a considerable investment to bring it up to modern standards.

The property is located in New Cross, Lewisham, which benefits from good transport links via New Cross Gate station (London Overground). The proximity to several well-regarded primary schools (Kender Primary, Edmund Waller Primary, St James’s Hatcham) adds to its family-friendly appeal. While the immediate street may not be the most affluent, the surrounding area offers amenities and a reasonably convenient location within London.

The property includes a garden, which is a valuable asset in London. The size of the garden appears to be moderate; While not huge, it provides outdoor space—a significant advantage for properties in this densely populated area.