Douglas Allen says ..
OPEN HOUSE THIS SATURDAY (10TH JAN) - by appointment only. This flat is in need of refurbishment and modernisation. There is a very low lease which will then make the flat available only to CASH BUYERS only. The flat will be an ideal purchase for any buy-to-let investors. It is also close to conv...
Property Oracle says ..
This ground maisonette on Gainsborough Avenue, Little Ilford, presents a unique opportunity for buyers willing to undertake a comprehensive renovation project. While the property’s condition is poor, requiring significant investment to modernise, the drastically reduced price of £50,000 reflects this. The location offers proximity to schools and transport links, enhancing its potential appeal after refurbishment. The maisonette’s low price relative to the area’s average suggests considerable upside for investors or owner-occupiers prepared to invest in its transformation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 2
- Location
- 6
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 382,857.00 £Decreased by 8.39 %
- Average area rental value
- 1,800.00 £/moDecreased by 4.41 %
- Est rental Yield
- 5.64 %Increased by 4.25 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Douglas Allen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dersingham Primary School | Community School | Good | 0.34 KM |
| Little Ilford School | Community School | Outstanding | 0.71 KM |
| Sheringham Nursery School & Children'S Centre | Local Authority Nursery School | Outstanding | 0.72 KM |
| Manor Park Community Children'S Centre | Children's Centre | 0.73 KM | |
| Sheringham Primary School | Academy Converter | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gainsborough Avenue | £ 330,625 | 0 | 0.00 KM |
| Church Road | £ 272,500 | 0 | 0.00 KM |
| Leighton Avenue | £ 500,000 | 0 | 0.00 KM |
| Reesland Close | £ 0 | 0 | 0.00 KM |
| Jack Cornwell Street | £ 253,143 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ilford | 6881 | IFD | 1.35 KM |
| Manor Park | 6883 | MNP | 1.98 KM |
| Barking | 7492 | BKG | 2.14 KM |
| Woodgrange Park | 7467 | WGR | 2.15 KM |
| Seven Kings | 6893 | SVK | 4.07 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Gainsborough Avenue, London | £ 50,000 | BUY | 5 / 10 | 0.00 KM |
| Gainsborough Avenue, London, E12 | £ 300,000 | BUY | Unknown | 0.01 KM |
| Gainsborough Avenue, Manor Park, E12 6JN | £ 50,000 | BUY | 6 / 10 | 0.01 KM |
| Gainsborough Avenue, Manor Park, Newham, London The Metropolis[8] | £ 270,000 | BUY | Unknown | 0.01 KM |
| Gainsborough Avenue, Manor Park, E12 6JN | £ 230,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 175 Gainsborough Avenue | £ 212,000 | 0.01 KM |
| 147 Gainsborough Avenue | £ 225,000 | 0.01 KM |
| 147a Gainsborough Avenue | £ 70,000 | 0.01 KM |
| 141 Gainsborough Avenue | £ 94,500 | 0.01 KM |
| 159 Gainsborough Avenue | £ 120,000 | 0.01 KM |