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 %
- Est sale value
- 318,570.03 £Increased by 53.59 %
- Average area rental value
- 1,008.00 £/moDecreased by 17.65 %
- Est letting value
- 992.43 £/mo
- Est rental Yield
- 4.53 %Decreased by 2.16 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mayville Primary School | Academy Converter | Good | 0.31 KM |
| Leytonstone Children'S Centre | Children's Centre | 0.47 KM | |
| Connaught School For Girls | Academy Converter | Good | 0.58 KM |
| Downsell Primary School | Community School | Requires improvement | 0.79 KM |
| George Tomlinson Primary School | Community School | Good | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sunal Court | £ 0 | 0 | 0.00 KM |
| Apollo Place | £ 910,000 | 0 | 0.00 KM |
| Hollydown Way | £ 0 | 0 | 0.00 KM |
| Cowley Court | £ 1,700,000 | 0 | 0.00 KM |
| Denmark Street | £ 180,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leytonstone High Road | 7403 | LER | 0.60 KM |
| Leyton Midland Road | 7402 | LEM | 1.59 KM |
| Maryland | 6970 | MYL | 1.70 KM |
| Stratford International | 7222 | SFA | 2.28 KM |
| Stratford | 6969 | SRA | 2.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Gramer Close, London, E11 | £ 575,000 | BUY | 5 / 10 | 0.00 KM |
| Mayville Road, Leytonstone, London, E11 | £ 645,000 | BUY | Unknown | 0.11 KM |
| Mayville Road, Leytonstone | £ 900,000 | BUY | Unknown | 0.15 KM |
| Mayville Road, London | £ 210,000 | BUY | 5 / 10 | 0.18 KM |
| Lincoln Street, London, E11 | £ 800,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Gramer Close | £ 127,500 | 0.01 KM |
| 4 Gramer Close | £ 237,000 | 0.01 KM |
| 7 Gramer Close | £ 177,600 | 0.01 KM |
| 8 Norman Road | £ 35,000 | 0.04 KM |
| 46 Norman Road | £ 398,000 | 0.04 KM |