Allen Davies & Co says ..

Property Oracle says ..

This two-bedroom flat located on Park Road, Leyton, in Waltham Forest, offers a potentially good investment opportunity for first-time buyers or those seeking a property to renovate. The property’s location is a definite strength. It is situated near highly-rated primary schools and benefits from convenient access to transportation via the London Overground and numerous bus routes. The proximity to Lea Bridge Road and Leyton High Road ensures ready access to amenities and shops. However, the property’s condition is a significant factor to consider. The provided photographs reveal the need for renovations in both the kitchen and bathroom. The cosmetic updates required would be a major financial consideration. In terms of land, the property appears to have a small shared green area; however, it is not a substantial plot of land. Considering the price of £325,000, the property’s value is balanced by its need for renovation. The price may reflect the current state of the property and the potential for future appreciation once improvements are made. Potential buyers should carefully weigh the costs of renovation against the property’s location advantages and potential resale value after modernization. Due to the limited information provided on comparable properties (specifically missing sq footage data), a definitive determination of market value is difficult. Additional research and professional valuation would be prudent before making any purchasing decision.

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

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