Foxtons says ..

Property Oracle says ..

This two-bedroom property located on Wakefield Street in East Ham, London, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location in East Ham offers access to transport links, including several underground stations within a reasonable distance, making commuting relatively convenient. The presence of nearby schools adds to the family-oriented appeal, although a review of Ofsted reports for these schools is recommended to determine their quality. However, the property itself requires significant renovation. The provided images reveal an interior that is largely unfinished, with exposed flooring, and what seems to be renovation materials present. The bathroom, while seemingly recently updated, does not compensate for the overall condition of the rest of the property. The lack of any significant garden space is a notable drawback. The list price of £315,000 sits within the range of prices for similar properties in the area, but the extensive renovation needed must be factored into any potential purchase decision. Potential buyers should conduct a thorough survey and obtain multiple quotes for the necessary renovations to accurately assess the overall cost of ownership. The property is likely to appeal to buyers who are comfortable undertaking extensive renovation projects and are willing to invest significant time and money to bring it up to a habitable standard. Overall, the property presents a potentially worthwhile investment, but only after a comprehensive assessment of the required renovation costs and a detailed evaluation of the location’s specific characteristics.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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