Lake Rise, Romford
CH

Lake Rise, Romford

By Charles Stratton

£ 950,000

Reviews

3 out of 5 stars

Charles Stratton says ..

*** END OF CHAIN *** Highly Sought After Position Backing Onto Raphaels Park Lake | Approximately 2062 Square Feet | Four Bedrooms | Bathroom | Separate W.C. | Three Reception Rooms | Kitchen | Utility | Ground Floor Shower Room | Conservatory | High Ceilings | Own Driveway |

Property Oracle says ..

This four-bedroom property located on Lake Rise in Romford offers a compelling blend of location and potential. The house’s position backing onto Raphael Park is a key selling point, providing tranquil views and ample outdoor space. The proximity to Gidea Park and Romford stations, which provide access to the Elizabeth Line, adds considerable appeal, boosting convenience and accessibility. Several well-regarded schools are also within easy reach. The property itself presents as a substantial family home. However, it’s important to note that the interior requires considerable modernisation. The provided photographs reveal dated fixtures and fittings, along with some areas needing cosmetic repairs or updates. Potential buyers should budget for significant renovations to update the property to contemporary standards. Despite this, the overall value proposition remains strong given the desirable location and the large garden. A thorough survey and a realistic budget for modernisation work are crucial for anyone considering purchasing this property.

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
7
Condition
5
Location
8
Land
7
Bedrooms
4
Bathrooms
0

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
320,556.00 £
Decreased by 21.24 %
from 407,014.00 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Charles Stratton created the listing.

Nearby Schools

NameTypeOfstedDistance
Gidea Park Primary SchoolCommunity SchoolGood0.44 KM
Bep AcademyOther Independent SchoolGood0.75 KM
Marshalls Park AcademyAcademy ConverterGood0.87 KM
St. Kilda Children'S CentreChildren's Centre0.91 KM
Gidea Park Preparatory School And CollegeOther Independent School1.05 KM

Images

Front Dining Room Kitchen Kitchen Rear Elevation Lakeside Views Lounge Breakfast Room Breakfast Room Utility Shower Room W.C. Conservatory Patio Bedroom Bedroom Bedroom Bedroom Bathroom Seperate W.C. Front

Nearby Streets

NameAverage PriceAverage SqftDistance
Mead Close £ 1,350,00000.00 KM
Tudor Gardens £ 825,00000.00 KM
Brook Close £ 000.00 KM
Eastern Avenue East £ 400,00000.00 KM
Ducking Stool Court £ 240,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF1.38 KM
Gidea Park6877GDP1.78 KM
Emerson Park7473EMP3.78 KM
Harold Wood6879HRO4.83 KM
Chadwell Heath6874CTH7.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lake Rise, Romford £ 950,000BUY6 / 100.00 KM
Lake Rise, Romford £ 1,345,000BUY8 / 100.00 KM
Lake Rise, Romford, RM1 £ 1,425,000BUY8 / 100.01 KM
Lake Rise, Romford, RM1 £ 800,000BUY6 / 100.02 KM
Lake Rise, RM1 £ 1,175,000BUY7 / 100.02 KM

Nearby Properties

AddressPriceDistance
16 Lake Rise £ 955,0000.03 KM
58 Lake Rise £ 515,0000.03 KM
4 Lake Rise £ 725,0000.03 KM
8 Lake Rise £ 680,0000.03 KM
24 Lake Rise £ 535,0000.03 KM