Melton House, Geldeston Rd, Hackney E5
CU

Melton House, Geldeston Rd, Hackney E5

By Cul-de-Sac Residential

£ 450,000

Reviews

2 out of 5 stars

Cul-de-Sac Residential says ..

Cul-de-Sac Residential are pleased to present this spacious three bedroom ex-local authority flat.

Property Oracle says ..

Melton House, located on Geldeston Road in Hackney, E5, is a three-bedroom flat listed at £450,000. The property is part of a larger residential building, as shown in the exterior photographs. The interior images reveal a property that requires some degree of modernisation. The kitchen and bathroom appear dated, and the overall aesthetic suggests a need for refurbishment. The bedrooms are of a reasonable size, but the furnishings and presentation in the photographs do not showcase the property in its best light. The property benefits from a balcony offering views of the surrounding area, and there is a shared communal area with a small playground visible in one of the images. The location is convenient, with Clapton Overground station within walking distance. However, the proximity to schools with inadequate Ofsted ratings may be a concern for some potential buyers. The lack of private garden space is a notable drawback. Overall, the property presents a mixed picture. While the location and price may appeal to some buyers, the condition and lack of land will likely require significant investment and refurbishment to reach its full potential. The property’s value will depend significantly on the buyer’s willingness and ability to undertake these improvements.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
799.76

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
475,000.00 £
Decreased by 35.62 %
from 737,758.00 £
Est sale value
716,584.96 £
Increased by 35.55 %
from 528,641.36 £
Average area rental value
1,997.00 £/mo
Increased by 6.91 %
from 1,868.00 £/mo
Est letting value
2,399.28 £/mo
Increased by 200.00 %
from 799.76 £/mo
Est rental Yield
5.05 %
Increased by 66.12 %
from 3.04 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Cul-de-Sac Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Ohr EmesOther Independent School0.23 KM
Beis Trana Girls' SchoolOther Independent SchoolRequires improvement0.27 KM
Tayyibah Girls' SchoolOther Independent SchoolInadequate0.32 KM
Talmud Torah Yetev LevOther Independent SchoolInadequate0.36 KM
Northwold Primary SchoolAcademy ConverterGood0.37 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Halberd Mews £ 000.00 KM
Comberton Road £ 000.00 KM
Baron's Walk £ 299,95000.00 KM
Clapton Way £ 000.00 KM
Sandford Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Clapton6926CPT0.59 KM
Rectory Road6967REC1.01 KM
Stoke Newington6934SKW1.27 KM
Hackney Downs6867HAC1.76 KM
Stamford Hill6968SMH2.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Weald Square, Upper Clapton Road, London, E5 £ 325,000BUY5 / 100.05 KM
Weald Square, Upper Clapton Road, London, E5 £ 350,000BUY5 / 100.10 KM
Weald Square, Upper Clapton Road, E5 £ 475,000BUY6 / 100.13 KM
Charnwood Street, Epping House Charnwood Street, E5 £ 350,000BUY6 / 100.13 KM
Woodfield House, Rossington Street, London £ 425,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
19 Cypress Close £ 372,5000.17 KM
34a Geldeston Road £ 199,0000.21 KM
56a Geldeston Road £ 290,5000.21 KM
48a Geldeston Road £ 240,0000.21 KM
56 Geldeston Road £ 515,0000.21 KM