Love Living says ..

Property Oracle says ..

This seven-bedroom period house on Bethune Road in Stamford Hill West, Hackney, presents a compelling blend of potential and challenge. The property boasts a desirable location in a sought-after area with relatively good access to transport links via the Overground. Nearby schools are present but the quality varies, with Ofsted ratings ranging from ‘Good’ to ‘Inadequate’. The house itself, however, is in considerable need of renovation. Images show a property with dated interiors, significant wear and tear, and an overgrown garden. The extensive work required to bring it to a habitable and modern standard is a critical factor. The lack of square footage data hinders a precise valuation but the seven bedrooms, in addition to a promising location, make it attractive. The list price of £2,000,000 requires thorough consideration. Prospective buyers should budget considerably for refurbishment costs, factoring in potential delays and unexpected expenses. A full structural survey is essential to obtain a complete picture of the property’s condition and associated costs. The property, for the right buyer with the right investment strategy and budget, holds potential for substantial profit, after the expected high costs of renovation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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