Junction Road, Romford, RM1
BA

Junction Road, Romford, RM1

By Balgores

£ 120,000

Reviews

3 out of 5 stars

Balgores says ..

***GUIDE PRICE £120,000-£130,000*** •ONE BEDROOM RETIREMENT FLAT •OFF STREET PARKING •WITHIN EASY WALKING DISTANCE TO ROMFORD ELIZABETH LINE STATION AND TOWN CENTRE, MEDICAL CENTRE AND DENTAL PRACTITIONER •LIFT SERVICE •COMMUNAL GARDEN...

Property Oracle says ..

This one-bedroom retirement apartment in Romford, located on Junction Road, presents a viable option for buyers within a specific demographic. Its proximity to Romford station, offering easy access to London’s Elizabeth line, is a significant advantage, enhancing its convenience and potential for future value appreciation. The property’s access to communal gardens provides some outdoor space.

However, the apartment’s interior suggests the need for some modernization. While the property appears well-maintained, the dated wallpaper, carpets, and kitchen/bathroom fittings may deter buyers seeking a move-in-ready property. Potential purchasers should factor in the potential costs of renovation to update the apartment to current standards. The limited size and lack of private outdoor space are additional considerations.

The listed price reflects the current market conditions in Romford for similar properties. However, a more detailed assessment of comparable properties, including their features and condition, is recommended to fully evaluate the value proposition. Ultimately, the overall appeal will depend on an individual’s priorities, particularly whether they value convenience and accessibility above a more modern, updated interior.

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
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
425.07

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
165,352.23 £
Decreased by 14.32 %
from 192,981.78 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est letting value
850.14 £/mo
Increased by 100.00 %
from 425.07 £/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

  • Balgores created the listing.

Nearby Schools

NameTypeOfstedDistance
Bep AcademyOther Independent SchoolGood0.15 KM
St. Kilda Children'S CentreChildren's Centre0.17 KM
Gidea Park Primary SchoolCommunity SchoolGood0.78 KM
Hylands Primary SchoolCommunity SchoolGood1.14 KM
The BridgeOther Independent Special SchoolGood1.19 KM

Images

Picture No. 07 Picture No. 14 Picture No. 06 Picture No. 03 Picture No. 05 Picture No. 11 Picture No. 12 Picture No. 08 Picture No. 09 Picture No. 10 Picture No. 13 Picture No. 02 Picture No. 15 Picture No. 01 Picture No. 04 Living Room Kitchen Bedroom Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Ducking Stool Court £ 240,00000.00 KM
Tudor Gardens £ 825,00000.00 KM
The Mews £ 275,00000.00 KM
Brewery Walk £ 000.00 KM
Longfield Avenue £ 400,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF0.79 KM
Gidea Park6877GDP1.88 KM
Emerson Park7473EMP3.57 KM
Harold Wood6879HRO5.09 KM
Chadwell Heath6874CTH6.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Junction Road, Romford, RM1 £ 120,000BUY6 / 100.00 KM
Watermans, Romford £ 140,000BUY7 / 100.03 KM
Watermans, Romford £ 225,000BUY7 / 100.04 KM
Watermans, Junction Road, Romford, RM1 £ 145,000BUY6 / 100.05 KM
Junction Road, Romford, RM1 £ 200,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
50 Junction Road £ 115,0000.01 KM
45 Junction Road £ 425,0000.01 KM
43c Junction Road £ 260,0000.01 KM
48 Junction Road £ 138,0000.01 KM
42 Junction Road £ 540,0000.02 KM