Kiln and Lodge Estates says ..

Property Oracle says ..

This two-bedroom, two-bathroom terraced house located on Norfolk Road in East Ham, Newham, is listed for £400,000. The property’s location is relatively convenient, situated within reach of several well-regarded primary schools and various transport links. However, proximity to the nearest train station might require some extra commute time or reliance on buses.

The property’s condition appears to be fair, although it could benefit from a significant level of refurbishment and modernisation. The kitchen and bathrooms show their age, and general upkeep is needed throughout the house. The images display some wear and tear and dated fittings, indicating a need for potential renovations to bring it up to modern standards. The current flooring and wall finishes appear dated.

The house has a small, paved rear garden which is overgrown and requires attention. The exterior of the property appears standard for the area and in reasonable condition. The overall size of the property, stated at 882.11 sqft, is typical for the area.

While the list price seems competitive considering recent local sales and the lack of readily available comparable sqft data makes it tricky to definitively assess price per sqft for an accurate comparison, the property’s condition needs to be carefully factored into any offer. The need for extensive renovation would, naturally, impact the return on investment. Potential buyers should weigh the cost of necessary improvements against the current asking price when deciding to purchase this property.

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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