McHugh & Co says ..

Property Oracle says ..

This three-bedroom property located at 39 Shacklewell Road, Stoke Newington, is presented in a condition requiring extensive renovation. The listing photos reveal outdated interiors, including dated wallpaper, flooring, and fixtures throughout. The kitchen and bathrooms show significant wear and tear, and overall, the property needs modernisation. While the property’s exterior appears structurally sound, the interior requires substantial work.

The property’s location in Stoke Newington is a significant advantage. Stoke Newington is a popular area known for its family-friendly atmosphere, good schools, and relatively good transport connections. The proximity to highly-rated primary schools is a strong selling point for families. However, it is important to note that Shacklewell Road may not be considered one of the most desirable streets in Stoke Newington, which could influence buyer interest. The property lacks a garden, which is a common feature in the area and a potential drawback for buyers. Given the required renovation and the lack of land, the list price of £500,000 might be considered fair for the area and the size, but potential buyers should carefully factor in renovation costs. The lack of data regarding price per sqft, and the limited sales data surrounding comparable properties makes a full financial evaluation difficult.

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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