Charlesons says ..

Property Oracle says ..

Wanstead Village location analysis:

The property is located in Wanstead Village, Redbridge, which is known for its good schools and transport links. Wanstead High School and Wanstead Church School are both nearby, with Ofsted ratings of \‘Good\’ and \‘Outstanding\’ respectively. Leytonstone High Road and Wanstead Park Overground stations are within a 3km radius, providing convenient access to central London. The average house price in the area is significantly higher than the listed price of this garage, suggesting a potentially desirable location. However, the proximity of other amenities like shops and places of significance would require further investigation.

Condition analysis:

Based on the provided image, the garage appears to be in fair condition. The exterior shows some signs of wear and tear, with marks and discoloration visible on the garage doors. While structurally sound, it may benefit from a fresh coat of paint or some minor repairs to enhance its overall appearance.

Land analysis:

The property is a garage, and therefore does not include any significant land beyond the garage itself.

Price analysis:

The listed price of £30,000 for the garage is significantly lower than the average house price in Wanstead Village (£639,975). However, given that it’s a garage and not a residential property, a direct comparison is not entirely appropriate. Nearby properties, which are predominantly flats, are listed for prices ranging from £250,000 to £400,000. The price of this garage seems reasonable in comparison to these other properties, considering its size and type. However, further information on similar garage sales in the area would be needed for a more comprehensive price evaluation.

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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