Somerford Grove Estate, London, N16
ST

Somerford Grove Estate, London, N16

By Stirling Ackroyd

£ 425,000

Reviews

2 out of 5 stars

Stirling Ackroyd says ..

Located within the well-established Somerford Grove Estate is this two bedroom flat which offers a fantastic opportunity to add value through refurbishment. Situated on the first floor, the property benefits from a practical layout and a private west-facing balcony, perfect for enjoying afternoon...

Property Oracle says ..

This property is a two-bedroom apartment located in the Somerford Grove Estate in Hackney, London. The apartment is listed at £425,000 and has a size of 667.36 sqft. The location benefits from being close to several highly-rated primary schools, including Shacklewell Primary School (Outstanding Ofsted rating) and several others with a Good rating. Transport links are also convenient, with several Overground stations within a reasonable distance. The property itself appears to be in need of some modernisation and updating, as seen in the provided images. The kitchen and bathroom show signs of wear and tear. The property includes a small balcony. The average price per sqft in the area is £829, while this property is listed at a significantly lower price per sqft. However, this is likely due to its condition and the need for renovations. Considering its condition, the price may be reasonable for a buyer looking for a project or who is comfortable undertaking renovations.

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
7
Condition
4
Location
8
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
667.36

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
925,000.00 £
Increased by 54.96 %
from 596,923.00 £
Est sale value
605,962.88 £
Increased by 40.12 %
from 432,449.28 £
Average area rental value
3,065.00 £/mo
Increased by 17.66 %
from 2,605.00 £/mo
Est letting value
2,002.08 £/mo
Increased by 50.00 %
from 1,334.72 £/mo
Est rental Yield
3.98 %
Decreased by 24.05 %
from 5.24 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Stirling Ackroyd created the listing.

Nearby Schools

NameTypeOfstedDistance
Shacklewell Primary SchoolCommunity SchoolOutstanding0.09 KM
Halley House SchoolFree SchoolsGood0.26 KM
The Petchey AcademyAcademy Sponsor LedGood0.29 KM
Princess May Primary SchoolCommunity SchoolGood0.55 KM
Colvestone Primary SchoolCommunity SchoolGood0.56 KM

Images

Exterior Reception Room Kitchen Balcony Bedroom Reception Room Reception Room Reception Room Reception Room Kitchen Kitchen Kitchen Bedroom Bedroom Bedroom Bedroom Bedroom Bathroom Bathroom Bathroom Balcony Balcony Exterior

Nearby Streets

NameAverage PriceAverage SqftDistance
Shacklewell Lane £ 000.00 KM
Scoble Place £ 285,00000.00 KM
Truman's Road £ 000.00 KM
Birkbeck Road £ 000.00 KM
Birkbeck Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Rectory Road6967REC0.71 KM
Dalston Kingsland1429DLK0.73 KM
Dalston Junction1443DLJ0.92 KM
Stoke Newington6934SKW1.25 KM
Hackney Downs6867HAC1.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerford Grove Estate, London, N16 £ 425,000BUY5 / 100.00 KM
Somerford Grove Estate, London, N16 £ 475,000BUY6 / 100.02 KM
Somerford Grove Estate, Stoke Newington £ 475,000BUY6 / 100.02 KM
Somerford Grove Estate, Stoke Newington, London, N16 £ 525,000BUY6 / 100.03 KM
Somerford Grove Estate, London, N16 £ 425,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
69 Somerford Grove Estate £ 320,0000.07 KM
93 Somerford Grove Estate £ 420,0000.07 KM
123 Somerford Grove Estate £ 195,0000.07 KM
73 Somerford Grove Estate £ 197,5000.07 KM
121 Somerford Grove Estate £ 635,0000.07 KM