Wellesley Road, Ilford, Essex, IG14JX
By Woodland
£ 840,000
Reviews
2 out of 5 stars
Woodland says ..
INVESTMENT PURCHASE ONLY - combination of two, two bedroom flats and a studio flat in Wellesley Road, Ilford, only a short walk to Ilford station and town centre - NO ONWARD CHAIN - Offered for sale at £840,000.00 which would be a great addition to an experienced landlords portfolio.
Property Oracle says ..
This property in Ilford, Essex, is listed as an investment opportunity, comprising multiple units: two two-bedroom flats and a studio flat. Its location is positive, with Ilford station offering convenient transport links and various schools nearby, including a ‘Good’-rated Ofsted academy. However, the property’s condition appears to require significant modernisation and refurbishment. The interiors shown in the photos require updating, with finishes and fittings seeming dated and worn. There is a garden present but it’s rather small and unkempt. The listing price of £840,000 may be considered high for the condition and lack of provided square footage. The comparison to other nearby properties is difficult without consistent data. Therefore, potential buyers should factor in renovation costs and a thorough property survey before making an offer.
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
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 3
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Metrics Year-on-Year
- Average area value
- 467,500.00 £Decreased by 7.63 %
- Average area rental value
- 1,225.00 £/moDecreased by 30.52 %
- Est rental Yield
- 3.14 %Decreased by 24.88 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Woodland created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Ursuline Academy Ilford | Academy Converter | Good | 0.17 KM |
| Park School For Girls | Other Independent School | 0.27 KM | |
| The Ursuline Prep School Ilford | Other Independent School | 0.28 KM | |
| Read Academy Education | Other Independent School | Good | 0.46 KM |
| Apex Primary School | Other Independent School | 0.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Granville Road | £ 500,000 | 0 | 0.00 KM |
| Rigby Mews | £ 0 | 0 | 0.00 KM |
| Greenway Court | £ 0 | 0 | 0.00 KM |
| York Place | £ 0 | 0 | 0.00 KM |
| High Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ilford | 6881 | IFD | 0.38 KM |
| Barking | 7492 | BKG | 2.76 KM |
| Seven Kings | 6893 | SVK | 2.89 KM |
| Manor Park | 6883 | MNP | 2.94 KM |
| Woodgrange Park | 7467 | WGR | 3.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wellesley Road, Ilford, Essex, IG14JX | £ 840,000 | BUY | 5 / 10 | 0.00 KM |
| Heron Court, Ilford | £ 140,000 | BUY | Unknown | 0.09 KM |
| Morland Road, Ilford, IG1 | £ 120,000 | BUY | 6 / 10 | 0.12 KM |
| Morland Road, Ilford | £ 100,000 | BUY | 6 / 10 | 0.13 KM |
| Morland Road, Ilford, IG1 | £ 90,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 35 Wellesley Road | £ 349,000 | 0.02 KM |
| 24b Wellesley Road | £ 230,000 | 0.02 KM |
| 39 Wellesley Road | £ 450,000 | 0.02 KM |
| 29a Wellesley Road | £ 297,000 | 0.02 KM |
| 37 Wellesley Road | £ 329,995 | 0.02 KM |