Lake Road, London
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Lake Road, London

By Ellisons

£ 524,950

Reviews

2 out of 5 stars

Ellisons says ..

Sold with no onward chain this two bedroom ground floor maisonette with private garden and long lease situated on a highly desirable road in Wimbledon within a short distance of the town centre and transport links as well as being close to the open green spaces of Wimbledon Common and Wimbledon P...

Property Oracle says ..

This two-bedroom property in Merton, London, presents a mixed bag of advantages and disadvantages. Its key strength lies in its location, situated close to the highly sought-after Wimbledon area, known for excellent schools and amenities. The proximity to Wimbledon station enhances its connectivity. However, the provided images reveal a property in need of substantial refurbishment. The kitchen and bathrooms appear dated, and the flooring and interior walls require significant work. While the property does benefit from a small garden, its size is relatively modest. The pricing is challenging to evaluate precisely due to the lack of similar properties in terms of size. However, given its location and need for refurbishment, the asking price could be considered within the market range, but potential buyers should account for significant renovation expenditure. A thorough survey and cost assessment are vital before making an offer. Given the need for renovation the property would likely appeal more to those seeking a renovation project than those looking for move in ready accommodation.

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
7
Condition
4
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
599.98

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
797,139.00 £
Decreased by 0.25 %
from 799,137.00 £
Est sale value
541,181.96 £
Increased by 37.92 %
from 392,386.92 £
Average area rental value
2,445.00 £/mo
Decreased by 5.67 %
from 2,592.00 £/mo
Est letting value
1,199.96 £/mo
Unchanged by 0.00 %
from 1,199.96 £/mo
Est rental Yield
3.68 %
Decreased by 5.40 %
from 3.89 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Ellisons created the listing.

Nearby Schools

NameTypeOfstedDistance
Bishop Gilpin Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.23 KM
Willington SchoolOther Independent School0.27 KM
Ricards Lodge High SchoolCommunity SchoolOutstanding0.41 KM
Wimbledon High School GdstOther Independent School0.50 KM
Dundonald Primary SchoolCommunity SchoolOutstanding1.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Worcester Road £ 000.00 KM
St. Mary's Road £ 6,950,00000.00 KM
St. Mary's Road £ 3,774,90000.00 KM
Draxmont £ 000.00 KM
Belvedere Avenue £ 6,850,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wimbledon5578WIM0.46 KM
Wimbledon Chase5612WBO1.91 KM
Haydons Road5289HYR2.05 KM
South Merton5292SMO2.50 KM
Earlsfield5584EAD2.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lake Road, London £ 524,950BUY5 / 100.00 KM
Pixham Court, Lake Road, Wimbledon £ 515,000BUY6 / 100.00 KM
Pixham Court, Lake Road, Wimbledon, SW19 £ 595,000BUY7 / 100.01 KM
Brockham Close, Wimbledon, SW19 £ 620,000BUY7 / 100.06 KM
Brockham Close, Wimbledon, London, SW19 £ 700,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
7 Lake Road £ 3,700,0000.04 KM
22 Lake Close £ 89,5000.10 KM
16 Lake Close £ 125,0000.10 KM
32 Lake Close £ 175,0000.10 KM
25 Lake Close £ 560,5000.10 KM