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 %
- Est sale value
- 165,352.23 £Decreased by 14.32 %
- Average area rental value
- 1,673.00 £/moDecreased by 4.18 %
- Est letting value
- 850.14 £/moIncreased by 100.00 %
- Est rental Yield
- 6.26 %Increased by 21.55 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Balgores created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bep Academy | Other Independent School | Good | 0.15 KM |
| St. Kilda Children'S Centre | Children's Centre | 0.17 KM | |
| Gidea Park Primary School | Community School | Good | 0.78 KM |
| Hylands Primary School | Community School | Good | 1.14 KM |
| The Bridge | Other Independent Special School | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ducking Stool Court | £ 240,000 | 0 | 0.00 KM |
| Tudor Gardens | £ 825,000 | 0 | 0.00 KM |
| The Mews | £ 275,000 | 0 | 0.00 KM |
| Brewery Walk | £ 0 | 0 | 0.00 KM |
| Longfield Avenue | £ 400,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Romford | 6886 | RMF | 0.79 KM |
| Gidea Park | 6877 | GDP | 1.88 KM |
| Emerson Park | 7473 | EMP | 3.57 KM |
| Harold Wood | 6879 | HRO | 5.09 KM |
| Chadwell Heath | 6874 | CTH | 6.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Junction Road, Romford, RM1 | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Watermans, Romford | £ 140,000 | BUY | 7 / 10 | 0.03 KM |
| Watermans, Romford | £ 225,000 | BUY | 7 / 10 | 0.04 KM |
| Watermans, Junction Road, Romford, RM1 | £ 145,000 | BUY | 6 / 10 | 0.05 KM |
| Junction Road, Romford, RM1 | £ 200,000 | BUY | 7 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Junction Road | £ 115,000 | 0.01 KM |
| 45 Junction Road | £ 425,000 | 0.01 KM |
| 43c Junction Road | £ 260,000 | 0.01 KM |
| 48 Junction Road | £ 138,000 | 0.01 KM |
| 42 Junction Road | £ 540,000 | 0.02 KM |