Salters Residential says ..

Property Oracle says ..

This property is a two-bedroom flat located on Stratford Road in Hayes, UB4 9EL. The list price is £225,000, and the property has a total area of 435 sqft and a plot size of 590 sqft. The average price for properties in the area is significantly higher at £559,866, with an average price per sqft of £431. This suggests that the property may be underpriced. However, the condition of the property needs to be considered.

The property appears to be in need of significant renovation. The images show dated interiors, worn carpets, and damaged walls. This will likely increase the cost of ownership beyond the initial purchase price. The property does benefit from a garden, which is a positive aspect.

The location is reasonably convenient, with several schools and transportation links within a reasonable distance. Barnhill Community High School and Belmore Primary Academy are both rated ‘Good’ by Ofsted and are less than a kilometer away. Several train stations are also within a 3-6 km radius.

Considering the property’s condition, the need for substantial renovation, and the relatively low price compared to the average price per sqft for the area, a balanced assessment is required. While the price may seem attractive initially, potential buyers should factor in the significant costs associated with bringing the property up to a modern standard.

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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