Yopa says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Portland Close, Romford, RM6. The list price is £107,500. The property has a small communal garden. Nearby properties are similarly priced, ranging from £93,000 to £185,000. The average price for properties in the area is significantly higher, at £356,466, with an average price per square foot of £388. However, the average square footage of properties in the area (917 sqft) is considerably larger than this property (354.75 sqft). Considering the location, the property benefits from being relatively close to Chadwell Heath train station (1.34km), offering convenient access to public transportation. Several well-regarded schools are also within a reasonable distance, making it potentially attractive to families. Based on the provided images, the property appears to be in reasonable condition for its age. While the kitchen and bathroom show some signs of wear, they are functional and relatively modern. The flooring and walls throughout the property seem well-maintained. There is no visible evidence of significant damage or the need for extensive renovations. The property’s small plot size is a notable factor. The absence of a private garden may limit its appeal to some buyers. However, the inclusion of a communal garden provides some outdoor space. Given the property’s size, condition, and location relative to the average prices in the area, the list price of £107,500 appears to be relatively reasonable, particularly considering the lower average price per sqft compared to the area average. The lower price may be due to the smaller size and lack of private outdoor space.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images