New Road, Richmond, TW10
ME

New Road, Richmond, TW10

By Mervyn Smith

£ 400,000

Reviews

3 out of 5 stars

Mervyn Smith says ..

2 BEDROOM PURPOSE BUILT GROUND FLOOR FLAT at lovely location just off Ham Common. Private entrance + direct access to SHARED REAR PATIO & GARDEN. Vacant/NO CHAIN. LONG LEASE & low ground rent. SERVICE CHARGE for 12 months already paid. In one of Hams most picturesque roads near the village pond.

Property Oracle says ..

This two-bedroom property in Richmond, situated on New Road, presents a compelling opportunity for buyers. The location is a significant strength; Richmond is a highly sought-after area with excellent schools, beautiful green spaces like Ham Common (which is within walking distance), and convenient transport links. The property itself offers a good amount of living space for two bedrooms. Images show a well-maintained garden which adds significant value in a London setting. The interior could benefit from some modernisation to enhance its appeal. For instance, an updated kitchen and bathroom could dramatically improve the property’s value. The current interior is functional but appears dated. Ultimately, the desirability of Richmond and the presence of a garden makes it a well-positioned property. However, buyers should consider that some upgrades will likely be needed. The price point requires further analysis in comparison to other similarly sized properties in the area to determine if it represents optimal value given the need for potential renovations.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
9
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
548.96

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
1,070,000.00 £
Decreased by 2.00 %
from 1,091,844.00 £
Est sale value
380,978.24 £
Decreased by 32.56 %
from 564,879.84 £
Average area rental value
3,088.00 £/mo
Decreased by 31.86 %
from 4,532.00 £/mo
Est letting value
1,097.92 £/mo
Decreased by 50.00 %
from 2,195.84 £/mo
Est rental Yield
3.46 %
Decreased by 30.52 %
from 4.98 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Mervyn Smith created the listing.

Nearby Schools

NameTypeOfstedDistance
Malden Oaks School And Tuition ServicePupil Referral UnitGood0.37 KM
Meadlands Primary SchoolCommunity SchoolGood0.48 KM
Grey Court SchoolAcademy ConverterOutstanding0.48 KM
Ham, Petersham And Richmond RiversideChildren's Centre0.82 KM
St Richard'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.90 KM

Images

Kitchen Lounge Hall Bedroom 1 Bedroom 2 Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Barnfield Avenue £ 000.00 KM
Linkway £ 465,00000.00 KM
Perryfield Way £ 000.00 KM
Petersham Close £ 000.00 KM
Beech Row £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hampton Wick5589HMW2.25 KM
St Margarets5604SMG2.49 KM
Teddington5572TED2.63 KM
Kingston5565KNG2.69 KM
Twickenham5574TWI2.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Road, Richmond, TW10 £ 400,000BUY8 / 100.00 KM
New Road, Richmond, TW10 £ 799,950BUY6 / 100.03 KM
New Road, Richmond, TW10 £ 1,100,000BUY7 / 100.03 KM
New Road, Richmond, TW10 £ 725,000BUY7 / 100.05 KM
New Road, Ham, Richmond, TW10 £ 800,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
21 New Road £ 980,0000.05 KM
15 New Road £ 499,0000.05 KM
33 New Road £ 435,0000.05 KM
31 New Road £ 299,9500.05 KM
7 New Road £ 925,0000.05 KM