Chiltern Road, Ilford, London, IG2
By Pure Investor
£ 470,000
Reviews
3 out of 5 stars
Pure Investor says ..
Four generously sized bedrooms | Situated in a popular residential area close to transport, schools, and local amenities | Expected Rental Income: £2,250 PCM | 6% Yield
Property Oracle says ..
The property is located in Ilford, London, a suburban area with good transport links to central London via TfL Rail and c2c. Several schools with good Ofsted ratings are within a reasonable distance, making it potentially attractive to families. The area appears to be relatively quiet and residential. However, the provided data does not offer detailed insights into the local amenities or the overall desirability of the immediate neighbourhood. Based on the images, the property appears to be in fair condition, though it could benefit from some modernisation and updating. The interior shows signs of wear and tear, and some rooms are cluttered, making it difficult to fully assess the condition of fixtures and fittings. The garden is quite large and overgrown, suggesting potential for improvement. The list price of £470,000 for a 1,110.73 sqft semi-detached house is slightly below the average price of £557,727 for the area. However, the average price per sqft of £493 is higher than the implied price per sqft of this property. Considering the condition of the property and the need for potential renovation, the price could be considered reasonable, though further investigation into the specifics of the property’s condition would be beneficial. The lack of plot size data in the listing makes a definitive judgement difficult. Considering the above, the property presents a mixed bag. While the location and potential for improvement are positive aspects, the condition of the property and the need for potential renovation should be carefully considered. A detailed survey would be recommended before purchase.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 6
- Location
- 7
- Land
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 1,110.73
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Agent Activity
Pure Investor created the listing.