Charles Stratton says ..
Detached Residence Occupying A Generous Corner Plot Offering Great Potential To Extend Or Develop Subject To Usual Planning Consents | Four Bedrooms | Annexe Accommodation | 31'5" Lounge/Diner | Large Study/T.V. Room | Kitchen | Bathroom | Separate W.C. | 32'1" Garage | Rear Garden Approx. 82 X 72 |
Property Oracle says ..
This property presents a unique opportunity, but requires careful consideration. Situated in the desirable Gidea Park area of Romford, it offers excellent transport links and proximity to highly-rated schools. The large garden is a significant asset, particularly rare in this location. However, the property is in substantial need of renovation. The interior finishes are dated, with visible signs of wear and tear in multiple rooms. The kitchen and bathrooms require complete modernisation. The asking price of £1,200,000 should be carefully evaluated against the cost of renovation. Potential buyers should factor in a substantial budget for updating the property to a contemporary standard before making an offer. A thorough survey is highly recommended to assess the full extent of any structural or other issues before proceeding with a purchase. The lack of precise plot size and comparable property data makes a definitive valuation challenging.
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
- 4
- Location
- 7
- Land
- 7
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 2,674.00
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Metrics Year-on-Year
- Average area value
- 320,556.00 £Decreased by 21.24 %
- Est sale value
- 1,040,186.00 £Decreased by 14.32 %
- Average area rental value
- 1,673.00 £/moDecreased by 4.18 %
- Est letting value
- 5,348.00 £/moIncreased by 100.00 %
- Est rental Yield
- 6.26 %Increased by 21.55 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Charles Stratton created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gidea Park Primary School | Community School | Good | 0.11 KM |
| Gidea Park Preparatory School And College | Other Independent School | 0.62 KM | |
| Bep Academy | Other Independent School | Good | 0.95 KM |
| St. Kilda Children'S Centre | Children's Centre | 1.05 KM | |
| Marshalls Park Academy | Academy Converter | Good | 1.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tudor Gardens | £ 825,000 | 0 | 0.00 KM |
| Mead Close | £ 1,350,000 | 0 | 0.00 KM |
| Eastern Avenue East | £ 400,000 | 0 | 0.00 KM |
| Brook Close | £ 0 | 0 | 0.00 KM |
| Severn Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gidea Park | 6877 | GDP | 1.35 KM |
| Romford | 6886 | RMF | 1.64 KM |
| Emerson Park | 7473 | EMP | 3.39 KM |
| Harold Wood | 6879 | HRO | 4.40 KM |
| Upminster | 7464 | UPM | 6.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Main Road, Gidea Park | £ 1,200,000 | BUY | 6 / 10 | 0.00 KM |
| St. Ivians Drive, Romford | £ 725,000 | BUY | 7 / 10 | 0.13 KM |
| St. Ivians Drive, Romford | £ 650,000 | BUY | 6 / 10 | 0.13 KM |
| Gidea Avenue, Romford | £ 1,300,000 | BUY | 7 / 10 | 0.18 KM |
| Tudor Drive, Romford | £ 350,000 | BUY | 6 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 102 Main Road | £ 294,900 | 0.01 KM |
| 90 Main Road | £ 425,000 | 0.01 KM |
| 110 Main Road | £ 295,000 | 0.01 KM |
| 106 Main Road | £ 630,000 | 0.01 KM |
| 8 St Ivians Drive | £ 285,000 | 0.11 KM |