Nested says ..

Property Oracle says ..

The property is located in Oakfield Road, London, E17 which is in the Higham Hill area of Waltham Forest. The area benefits from being close to several primary schools with a good Ofsted rating, including Hillyfield Primary Academy and Whittingham Primary Academy, both within 0.5km. There are also several transport links nearby, with Blackhorse Road tube station approximately 1.34km away. This provides convenient access to central London. While the immediate vicinity may lack some amenities, the proximity to Walthamstow town centre offers a wider range of shops, restaurants, and other facilities.

Based on the provided photos, the property appears to be in need of significant modernisation and renovation. The interior shows dated decor, worn flooring, and requires a complete refurbishment of the kitchen and bathroom. The walls show signs of damage and require repainting. The garden is overgrown and requires considerable landscaping work. The overall condition suggests a considerable amount of work is needed before the property is habitable.

The property includes a rear garden, albeit one that is currently overgrown and in need of significant attention. The plot size is approximately 847 sqft, which is relatively small compared to other properties in the area, but still provides some outdoor space.

Considering the property’s condition, the list price of £550,000 seems high. While the location is reasonably convenient, the required renovations would add substantial costs. Nearby properties on Oakfield Road have sold for varying prices, with some significantly lower than the asking price. The need for extensive work makes the property a high-risk investment unless a substantial discount is applied. A more accurate pricing would depend on a detailed survey to assess the extent of the necessary repairs.

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

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