iMove Property says ..
A THREE bedroom PERIOD terraced house, requires refurbishment but offers the POTENTIAL TO ADD VALUE. Close to the COUNTRY PARK, Arena tram and Norwood Junction Station. Call iMove TODAY.
Property Oracle says ..
This three-bedroom terraced house on Ferndale Road, South Norwood, presents a mixed bag of opportunities and challenges. The property’s location is a positive aspect, with Norwood Junction station providing good transport links and the Country Park adding to the area’s appeal. The proximity to schools is also advantageous, albeit with varying Ofsted ratings. However, the images clearly depict a property requiring significant modernisation. The interior is dated throughout and needs complete refurbishment. The kitchen and bathrooms are particularly outdated and will need full replacement. No information is provided regarding garden space, suggesting it is minimal or non-existent. The listing price of £430,000 requires careful consideration of the renovation costs. While some nearby properties command higher prices, their condition may be far superior. A prospective buyer should conduct a thorough survey and factor in a substantial budget for renovation before making an offer. Overall, the property represents a potential investment but requires significant work and careful financial planning.
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
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 995.66
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 %
- Est sale value
- 398,264.00 £Decreased by 13.04 %
- Average area rental value
- 1,639.00 £/moDecreased by 2.15 %
- Est letting value
- 995.66 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.61 %Decreased by 8.89 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
iMove Property created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Oasis Academy Ryelands | Academy Sponsor Led | Good | 0.15 KM |
Oasis Academy Arena | Academy Sponsor Led | Requires improvement | 0.29 KM |
Malling Close Children'S Centre | Children's Centre Linked Site | 0.68 KM | |
Crosfield Nursery School And Children'S Centre | Children's Centre | 0.73 KM | |
Crosfield Nursery School | Local Authority Nursery School | Good | 0.73 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Foot Path 726 | £ 200,000 | 0 | 0.00 KM |
Foot Path 800 | £ 407,500 | 0 | 0.00 KM |
Foot Path 801 | £ 0 | 0 | 0.00 KM |
Central Place | £ 0 | 0 | 0.00 KM |
Foot Path 723 | £ 500,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Norwood Junction | 5376 | NWD | 1.26 KM |
Birkbeck | 5401 | BIK | 1.60 KM |
Elmers End | 5049 | ELE | 1.80 KM |
Anerley | 5397 | ANZ | 2.18 KM |
Selhurst | 5434 | SRS | 2.60 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Ferndale Road, London, SE25 | £ 430,000 | BUY | 5 / 10 | 0.00 KM |
Ferndale Road, London | £ 575,000 | BUY | 7 / 10 | 0.03 KM |
Ferndale Road, London, SE25 | £ 500,000 | BUY | 5 / 10 | 0.03 KM |
Ferndale Road, London, SE25 | £ 600,000 | BUY | 7 / 10 | 0.05 KM |
Ferndale Road, South Norwood | £ 525,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
14 Ferndale Road | £ 430,000 | 0.03 KM |
62 Ferndale Road | £ 250,000 | 0.03 KM |
24 Ferndale Road | £ 250,000 | 0.03 KM |
52 Ferndale Road | £ 245,500 | 0.03 KM |
78 Ferndale Road | £ 240,000 | 0.03 KM |