MS Estates says ..

Property Oracle says ..

The property is located in a residential area of Hornchurch, Havering, Greater London. The area benefits from relatively close proximity to several schools, including Harrow Lodge Primary School (0.26km), St Mary’s Catholic Primary School (0.52km), and Hornchurch High School (0.71km). All three schools have good Ofsted ratings, which is a positive for families. Transportation links are also reasonably convenient, with several train stations within a 5km radius offering connections to central London and other parts of the region.

Based on the provided images, the property appears to be in need of significant renovation. The interior shows dated fixtures, worn wallpaper, and flooring requiring replacement. The kitchen and bathroom are particularly in need of modernisation. The overall condition suggests a considerable amount of work would be needed to bring it up to a modern standard. The exterior shows some signs of age and could benefit from some maintenance.

The property includes a garden, which is a desirable feature for many buyers. While the size isn’t specified, the images suggest a reasonably sized garden with a shed and paved patio area.

The list price of £425,000 is slightly below the average price of £450,015 for the area. However, given the significant renovation required, the price may seem reasonable, or even slightly high, depending on the buyer’s perspective and willingness to undertake the refurbishment. The lack of square footage information makes a definitive price per square foot comparison impossible. Nearby comparable properties show a range of prices, and the condition of this property will significantly impact its final value once renovated. A potential buyer should factor in the cost of renovation when assessing the overall value proposition. The presence of a garden and reasonable proximity to amenities should be considered alongside the condition.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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