Montreal Road, Ilford, Essex, IG1
By Woodland
£ 500,000
Reviews
2 out of 5 stars
Woodland says ..
Guide Price £500,000 - £520,000 - COMMONWEALTH ESTATE - within comfortable walking distance to Valentines Park, Newbury Park and Gants Hill underground station - IN NEED OF FULL REFURBISHMENT- potential to extend to the rear and into the loft.
Property Oracle says ..
This three-bedroom terraced house on Montreal Road, Ilford, presents a significant renovation project. The property’s listing highlights its proximity to Valentines Park and convenient access to public transport, making the location appealing. However, the interior photographs reveal a property in need of complete refurbishment. Outdated fixtures, worn finishes, and accumulated clutter are evident throughout. The kitchen is particularly dated and requires a comprehensive overhaul. The garden, though present, is severely overgrown and will necessitate significant landscaping work. The absence of square footage information prevents a precise assessment of the price per square foot and its comparability to local market values. The £500,000 asking price should be considered in light of the required investment for renovation. While the location offers definite advantages, prospective buyers should carefully factor in the substantial costs associated with bringing the property to a habitable and modern standard. The property’s condition may make it more appealing to buyers with renovation experience or access to financing to cover the renovation costs. It is important to have a thorough survey conducted to determine the extent of the necessary repairs and any potential structural issues before committing to a purchase.
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
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 275,000.00 £Decreased by 39.75 %
- Average area rental value
- 2,800.00 £/moIncreased by 42.20 %
- Est rental Yield
- 12.22 %Increased by 135.91 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Woodland marked this listing as sold.
Woodland created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christchurch Primary School | Community School | Outstanding | 0.62 KM |
| Christchurch Children'S Centre | Children's Centre | 0.67 KM | |
| Seven Kings School | Community School | Outstanding | 0.94 KM |
| Peabody Children'S Centre | Children's Centre | 0.99 KM | |
| Newbury Park Primary School | Community School | Good | 1.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Montreal Road | £ 500,000 | 0 | 0.00 KM |
| Albemarle Approach | £ 0 | 0 | 0.00 KM |
| Cantley Gardens | £ 500,000 | 0 | 0.00 KM |
| Dunedin Road | £ 550,000 | 0 | 0.00 KM |
| Brisbane Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ilford | 6881 | IFD | 1.48 KM |
| Seven Kings | 6893 | SVK | 2.27 KM |
| Barking | 7492 | BKG | 3.40 KM |
| Goodmayes | 6878 | GMY | 3.72 KM |
| Manor Park | 6883 | MNP | 3.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Montreal Road, Ilford, Essex, IG1 | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Montreal Road, Ilford, IG1 | £ 550,000 | BUY | Unknown | 0.01 KM |
| Quebec Road, Ilford, IG1 | £ 580,000 | BUY | 6 / 10 | 0.07 KM |
| Auckland Road, Ilford | £ 625,000 | BUY | 6 / 10 | 0.08 KM |
| Aden Road, ILFORD, Essex, IG1 | £ 625,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Montreal Road | £ 318,000 | 0.02 KM |
| 41 Montreal Road | £ 300,000 | 0.02 KM |
| 18 Montreal Road | £ 475,000 | 0.02 KM |
| 16 Montreal Road | £ 500,000 | 0.02 KM |
| 3 Montreal Road | £ 285,000 | 0.02 KM |