Main Road, Gidea Park
CH

Main Road, Gidea Park

By Charles Stratton

£ 1,200,000

Reviews

3 out of 5 stars

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

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 £
Est sale value
1,040,186.00 £
Decreased by 14.32 %
from 1,213,996.00 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est letting value
5,348.00 £/mo
Increased by 100.00 %
from 2,674.00 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Charles Stratton created the listing.

Nearby Schools

NameTypeOfstedDistance
Gidea Park Primary SchoolCommunity SchoolGood0.11 KM
Gidea Park Preparatory School And CollegeOther Independent School0.62 KM
Bep AcademyOther Independent SchoolGood0.95 KM
St. Kilda Children'S CentreChildren's Centre1.05 KM
Marshalls Park AcademyAcademy ConverterGood1.25 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Gidea Park6877GDP1.35 KM
Romford6886RMF1.64 KM
Emerson Park7473EMP3.39 KM
Harold Wood6879HRO4.40 KM
Upminster7464UPM6.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Main Road, Gidea Park £ 1,200,000BUY6 / 100.00 KM
St. Ivians Drive, Romford £ 725,000BUY7 / 100.13 KM
St. Ivians Drive, Romford £ 650,000BUY6 / 100.13 KM
Gidea Avenue, Romford £ 1,300,000BUY7 / 100.18 KM
Tudor Drive, Romford £ 350,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
102 Main Road £ 294,9000.01 KM
90 Main Road £ 425,0000.01 KM
110 Main Road £ 295,0000.01 KM
106 Main Road £ 630,0000.01 KM
8 St Ivians Drive £ 285,0000.11 KM