Foxtons says ..

Property Oracle says ..

This two-bedroom property in Forest Gate, London, presents a mixed picture. Located in a reasonably convenient area with access to good schools and public transportation like the Elizabeth line, the location offers significant appeal to potential buyers. However, the provided photographs suggest the property requires some level of renovation or at the very least a thorough cleaning. The lack of any garden or outdoor space is a considerable downside, common in the London area, but still impacting desirability and price expectation. In the context of similar properties in the area, there are notable differences in price, with some selling at significantly higher values. Without detailed comparative data and the precise size of comparable properties for accurate sq ft price calculations, the current asking price of £400,000 can only be assessed as moderately reasonable in the absence of crucial information such as property details and actual sq ft prices for similar properties in the area. A full survey and valuation would be needed for a definitive judgment on the property’s market value. Overall, the property presents as a potential investment, contingent on a thorough inspection and comparison with more complete market data.

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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