Balgores says ..
• AVAILABLE WITH VACANT POSSESSION • DEVELOPMENT OPPORTUNITY • CALLING ALL DEVELOPERS • TOTAL PLOT SIZE 0.22 ACRES Offered for sale is the former NHS clinic which formed part of Victoria Hospital, next door. The property is approximately 2,500 sq.ft.....
Property Oracle says ..
This property is a PLOT located in Pettits Lane, Romford, with a list price of £1,000,000. The plot size is substantial at 20,236.15 sqft, significantly larger than the average plot size in the area. The property itself appears to be in need of significant renovation, as evidenced by the interior photos showing damage and disrepair. The location is convenient, with nearby schools and transportation links (Romford station is 1.08km away). However, the property’s condition and the need for extensive renovation significantly impact its overall value. While the area has an average price of £450,015 and an average price per sqft of £400, this property’s condition and the fact that it is a plot of land, rather than a finished house, mean that the list price is likely high. More information on the potential for development would be needed to fully assess the price.
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
- 4
- Condition
- 3
- Location
- 7
- Land
- 9
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,881.21
- Lot (est)
- 20,236.15
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
- 744,333.00 £Increased by 18.53 %
- Est sale value
- 1,076,052.12 £Increased by 33.64 %
- Average area rental value
- 1,770.00 £/moDecreased by 1.28 %
- Est letting value
- 1,881.21 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.85 %Decreased by 16.91 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Balgores created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bep Academy | Other Independent School | Good | 0.56 KM |
| Gidea Park Primary School | Community School | Good | 0.73 KM |
| St. Kilda Children'S Centre | Children's Centre | 0.75 KM | |
| Marshalls Park Academy | Academy Converter | Good | 0.80 KM |
| St Edward'S Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 0.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ducking Stool Court | £ 240,000 | 0 | 0.00 KM |
| The Mews | £ 275,000 | 0 | 0.00 KM |
| Brewery Walk | £ 0 | 0 | 0.00 KM |
| A118 | £ 0 | 0 | 0.00 KM |
| The Brewery Walk | £ 275,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Romford | 6886 | RMF | 1.08 KM |
| Gidea Park | 6877 | GDP | 2.07 KM |
| Emerson Park | 7473 | EMP | 3.99 KM |
| Harold Wood | 6879 | HRO | 5.17 KM |
| Chadwell Heath | 6874 | CTH | 6.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pettits Lane, Romford, RM1 | £ 1,000,000 | BUY | 5 / 10 | 0.00 KM |
| Challis Court, 1A Oaklands Avenue, RM1 | £ 375,000 | BUY | 7 / 10 | 0.13 KM |
| Oaklands Avenue, Romford, RM1 | £ 1,050,000 | BUY | 6 / 10 | 0.15 KM |
| Raphael Court, Pettits Lane, RM1 | £ 300,000 | BUY | 6 / 10 | 0.16 KM |
| Woodlands Road, Romford, RM1 | £ 700,000 | BUY | 7 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Pettits Lane | £ 750,000 | 0.01 KM |
| 25 Pettits Lane | £ 840,000 | 0.01 KM |
| 3 Pettits Lane | £ 700,000 | 0.01 KM |
| 1a Pettits Lane | £ 230,000 | 0.01 KM |
| 11 Pettits Lane | £ 860,000 | 0.02 KM |