Churchill Estates says ..
** No chain - Available to view from Saturday 1st February by appointment ** Period double fronted home | Modernisation opportunity | Four bedrooms | Three receptions | Ground floor WC | Cellar | Potential to extend STPP | Spacious & well proportioned | Council tax band E
Property Oracle says ..
This four-bedroom, one-bathroom property located on Mayfair Avenue in Ilford, Redbridge, presents a compelling but complex investment opportunity. The property is situated in a convenient location with proximity to local amenities, parks, good schools and transport links. However, the property is in significant need of a complete refurbishment. The provided photographs showcase a property that is dated and requires extensive renovation work, including new flooring, kitchen, bathroom, and interior decoration. The limited plot size and unclear specifics about the garden cannot be fully evaluated. The list price of £725,000 requires careful consideration in light of necessary renovation costs and the prices of comparable properties in the area, some of which are significantly cheaper, but also in a less desirable condition. Potential buyers should factor in a substantial budget for renovations and weigh the costs carefully against the potential value of the property once the renovation work is complete. The property could present excellent value once fully renovated and modernised; however, the significant upfront investment needed before the property becomes habitable needs careful consideration.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,561.00
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
- 467,500.00 £Decreased by 7.63 %
- Est sale value
- 527,618.00 £Decreased by 34.62 %
- Average area rental value
- 1,225.00 £/moDecreased by 30.52 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.14 %Decreased by 24.88 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Churchill Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Apex Primary School | Other Independent School | 0.34 KM | |
| Read Academy Education | Other Independent School | Good | 0.48 KM |
| The Ursuline Prep School Ilford | Other Independent School | 0.66 KM | |
| Park School For Girls | Other Independent School | 0.73 KM | |
| The Ursuline Academy Ilford | Academy Converter | Good | 0.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Drive | £ 0 | 0 | 0.00 KM |
| Endsleigh Gardens | £ 0 | 0 | 0.00 KM |
| Belgrave Road | £ 372,500 | 0 | 0.00 KM |
| Albatross Lane | £ 0 | 0 | 0.00 KM |
| Rigby Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ilford | 6881 | IFD | 0.94 KM |
| Manor Park | 6883 | MNP | 2.21 KM |
| Woodgrange Park | 7467 | WGR | 2.60 KM |
| Barking | 7492 | BKG | 3.38 KM |
| Seven Kings | 6893 | SVK | 3.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mayfair Avenue, Ilford | £ 725,000 | BUY | 5 / 10 | 0.00 KM |
| Empress Avenue, Ilford, London, IG1 | £ 760,000 | BUY | Unknown | 0.07 KM |
| Courtland Avenue, Ilford, IG1 | £ 900,000 | BUY | Unknown | 0.09 KM |
| Courtland Avenue, Ilford, IG1 | £ 725,000 | BUY | 6 / 10 | 0.11 KM |
| Empress Avenue, Ilford, IG1 | £ 400,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Mayfair Avenue | £ 430,000 | 0.02 KM |
| 49 Mayfair Avenue | £ 455,000 | 0.02 KM |
| 31a Mayfair Avenue | £ 250,000 | 0.02 KM |
| 1 Mayfair Avenue | £ 230,000 | 0.02 KM |
| 47b Mayfair Avenue | £ 60,000 | 0.02 KM |