Malt House Place, Romford, RM1
KE

Malt House Place, Romford, RM1

By Keystones Property

£ 280,000

Reviews

3 out of 5 stars

Keystones Property says ..

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £280,000

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom apartment located in Malt House Place, Romford, RM1. Its proximity to Romford station (0.49km) offers convenient access to TfL Rail, providing good transport links. Several primary schools with “Good” or “Outstanding” Ofsted ratings are within a 1km radius, making it potentially attractive to families. The area also benefits from the proximity to Romford town centre, suggesting access to local amenities and shops.

The images reveal the apartment is in a generally fair condition, although some minor cosmetic work may be needed. The flooring appears to be in good condition, and the bathrooms and kitchen are functional. However, the overall impression is that the property could benefit from some modernisation and a thorough clean. There is no evidence of significant structural issues. The lack of information regarding the square footage of the property prevents a detailed assessment of price per square foot. However, comparing the list price (£280,000) to nearby listings, which range from £175,000 to £270,000 for similar property types, suggests the property’s price is within the typical range for the area, although it’s towards the higher end. The absence of information regarding plot size means no assessment of land can be provided.

In summary, the property presents a reasonable investment opportunity, given its location and transport links. Potential buyers should factor in the need for some modernisation and cleaning. A more precise evaluation of value would benefit from knowing the property’s square footage.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
0
Bedrooms
3
Bathrooms
2

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
320,556.00 £
Decreased by 21.24 %
from 407,014.00 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Keystones Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Concordia AcademyFree SchoolsOutstanding0.63 KM
The Mawney Foundation SchoolFoundation SchoolGood0.64 KM
St Edward'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.74 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.83 KM
Bep AcademyOther Independent SchoolGood0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Brewery Walk £ 275,00000.00 KM
Brewery Walk £ 000.00 KM
The Mews £ 275,00000.00 KM
Ducking Stool Court £ 240,00000.00 KM
A118 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF0.49 KM
Gidea Park6877GDP2.97 KM
Emerson Park7473EMP4.59 KM
Chadwell Heath6874CTH5.68 KM
Harold Wood6879HRO6.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Malt House Place, Romford, RM1 £ 280,000BUY7 / 100.00 KM
Malt House Place, Romford, RM1 £ 270,000BUY6 / 100.02 KM
Logan Mews, Romford, RM1 £ 210,000BUY5 / 100.04 KM
Malt House Place, Romford, Essex, RM1 1AR £ 225,000BUY6 / 100.06 KM
Malt House Place, Romford, Essex, RM1 1AR £ 280,000BUY4 / 100.06 KM

Nearby Properties

AddressPriceDistance
3 Malt House Place £ 250,0000.04 KM
2 Malt House Place £ 310,0000.04 KM
36 Malt House Place £ 175,0000.04 KM
1 Malt House Place £ 146,0000.04 KM
47 Malt House Place £ 144,0000.04 KM