Gramer Close, London, E11
PU

Gramer Close, London, E11

By Purplebricks

£ 575,000

Reviews

2 out of 5 stars

Purplebricks says ..

***Calling All Investors and Project Enthusiasts!*** ***Three bedroom terraced house that has the potential to be turned into a four bedroom house as well as the work has been carried out to a HMO Standard*** This spacious three-bedroom terrace house is bursting with potential and just waiting ...

Property Oracle says ..

This three-bedroom, three-bathroom terraced house in Gramer Close, London E11, is currently listed at £575,000. The property is undergoing significant renovation, as evidenced by the numerous images depicting incomplete work in the kitchen, bedrooms, and other areas. While one of the bathrooms shows modern fittings, indicating potential for a high-quality finish, it remains unfinished. The house appears to have a garden, though it needs considerable landscaping. The location in Cathall, Waltham Forest offers relative proximity to Leytonstone High Road with its transport links and amenities; several good schools are nearby. However, there is some limited data on the pricing in the immediate surrounding area but nearby streets suggest a range of property values. Given the substantial renovation required and the uncertainty around the final finished product, determining the true value requires careful consideration of market prices, the quality of the finished renovations, and potential buyer preferences for properties in this state of completion. The asking price of £575,000 currently lacks a strong price per sqft figure and would need to be justified based on the final finished product. Overall, the house presents both an opportunity and a risk, with its final worth depending heavily on the quality and cost of completing the renovation works.

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
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
3
Sqft (est)
992.43

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
267,143.00 £
Decreased by 15.77 %
from 317,161.00 £
Est sale value
318,570.03 £
Increased by 53.59 %
from 207,417.87 £
Average area rental value
1,008.00 £/mo
Decreased by 17.65 %
from 1,224.00 £/mo
Est letting value
992.43 £/mo
from 0.00 £/mo
Est rental Yield
4.53 %
Decreased by 2.16 %
from 4.63 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Mayville Primary SchoolAcademy ConverterGood0.31 KM
Leytonstone Children'S CentreChildren's Centre0.47 KM
Connaught School For GirlsAcademy ConverterGood0.58 KM
Downsell Primary SchoolCommunity SchoolRequires improvement0.79 KM
George Tomlinson Primary SchoolCommunity SchoolGood0.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sunal Court £ 000.00 KM
Apollo Place £ 910,00000.00 KM
Hollydown Way £ 000.00 KM
Cowley Court £ 1,700,00000.00 KM
Denmark Street £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leytonstone High Road7403LER0.60 KM
Leyton Midland Road7402LEM1.59 KM
Maryland6970MYL1.70 KM
Stratford International7222SFA2.28 KM
Stratford6969SRA2.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gramer Close, London, E11 £ 575,000BUY5 / 100.00 KM
Mayville Road, Leytonstone, London, E11 £ 645,000BUYUnknown0.11 KM
Mayville Road, Leytonstone £ 900,000BUYUnknown0.15 KM
Mayville Road, London £ 210,000BUY5 / 100.18 KM
Lincoln Street, London, E11 £ 800,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
23 Gramer Close £ 127,5000.01 KM
4 Gramer Close £ 237,0000.01 KM
7 Gramer Close £ 177,6000.01 KM
8 Norman Road £ 35,0000.04 KM
46 Norman Road £ 398,0000.04 KM