haart says ..
***35% Shared Ownership*** This two bedroom apartment offers modern living in a vibrant location. With spacious interior, contemporary finishes, and balcony
Property Oracle says ..
This two-bedroom apartment in Romford’s Brooklands area is listed at £101,500 as a 35% shared ownership. The property boasts a modern, clean interior with a well-equipped kitchen and two bathrooms. Photos suggest the condition is good. It benefits from proximity to Romford station (under 1km) and several highly-rated schools, including the ‘Outstanding’ Concordia Academy. However, the lack of private outdoor space beyond a balcony and the shared ownership structure must be considered. The price is relatively low compared to other properties listed in the area, but this needs to be viewed in context of only owning 35% of the property. Buyers should carefully consider the implications of shared ownership and long-term financial implications before purchasing.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 380,332.00 £Increased by 1.15 %
- Average area rental value
- 1,544.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.87 %Decreased by 1.22 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Mawney Foundation School | Foundation School | Good | 0.23 KM |
| Concordia Academy | Free Schools | Outstanding | 0.60 KM |
| St Edward'S Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 0.99 KM |
| St Peter'S Catholic Primary School | Voluntary Aided School | Outstanding | 1.00 KM |
| Crowlands Primary School | Community School | Good | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brooklands Road | £ 397,000 | 0 | 0.00 KM |
| A118 | £ 0 | 0 | 0.00 KM |
| The Brewery Walk | £ 275,000 | 0 | 0.00 KM |
| Brewery Walk | £ 0 | 0 | 0.00 KM |
| The Mews | £ 275,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Romford | 6886 | RMF | 0.99 KM |
| Gidea Park | 6877 | GDP | 3.53 KM |
| Chadwell Heath | 6874 | CTH | 5.13 KM |
| Emerson Park | 7473 | EMP | 5.13 KM |
| Dagenham Dock | 7440 | DDK | 6.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cottons Approach, Romford, RM7 7LN | £ 101,500 | BUY | 5 / 10 | 0.00 KM |
| Cottons Approach, Romford, RM7 | £ 101,500 | BUY | Unknown | 0.01 KM |
| Oak House, Cottons Approach, Romford, RM7 | £ 71,250 | BUY | Unknown | 0.05 KM |
| Cottons Approach, Romford, RM7 | £ 300,000 | BUY | 5 / 10 | 0.05 KM |
| Oak House, Romford, RM7 | £ 120,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Pettley Gardens | £ 230,000 | 0.09 KM |
| 16 Pettley Gardens | £ 330,000 | 0.09 KM |
| 2a Pettley Gardens | £ 195,000 | 0.09 KM |
| 8 Pettley Gardens | £ 270,000 | 0.09 KM |
| 26 Knightsbridge Gardens | £ 395,000 | 0.11 KM |