McHugh & Co says ..

Property Oracle says ..

This property is a two-bedroom terraced house located in Rainham, Havering. The location benefits from being relatively close to Rainham train station (c2c line) and several primary schools with good Ofsted ratings. However, the property itself is in need of significant renovation. The images show significant wear and tear throughout, requiring a substantial investment to bring it up to a modern standard. While the property includes a small garden, its current condition is overgrown and unkempt. Considering the average house price in the area is significantly higher and given the extensive renovation needed, the list price of £225,000 may appear reasonable for a buyer willing to undertake a full refurbishment. However, the lack of information regarding the property’s square footage makes a definitive assessment of value per square foot impossible.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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