Montreal Road, Ilford, Essex, IG1
WO

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 Outdated fixtures, worn finishes, and accumulated clutter are evident throughout.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

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
275,000.00 £
Decreased by 39.75 %
from 456,413.00 £
Average area rental value
2,800.00 £/mo
Increased by 42.20 %
from 1,969.00 £/mo
Est rental Yield
12.22 %
Increased by 135.91 %
from 5.18 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Woodland marked this listing as sold.

  • Woodland created the listing.

Nearby Schools

NameTypeOfstedDistance
Christchurch Primary SchoolCommunity SchoolOutstanding0.62 KM
Christchurch Children'S CentreChildren's Centre0.67 KM
Seven Kings SchoolCommunity SchoolOutstanding0.94 KM
Peabody Children'S CentreChildren's Centre0.99 KM
Newbury Park Primary SchoolCommunity SchoolGood1.08 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Montreal Road £ 500,00000.00 KM
Albemarle Approach £ 000.00 KM
Cantley Gardens £ 500,00000.00 KM
Dunedin Road £ 550,00000.00 KM
Brisbane Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ilford6881IFD1.48 KM
Seven Kings6893SVK2.27 KM
Barking7492BKG3.40 KM
Goodmayes6878GMY3.72 KM
Manor Park6883MNP3.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Montreal Road, Ilford, Essex, IG1 £ 500,000BUY5 / 100.00 KM
Montreal Road, Ilford, IG1 £ 550,000BUYUnknown0.01 KM
Quebec Road, Ilford, IG1 £ 580,000BUY6 / 100.07 KM
Auckland Road, Ilford £ 625,000BUY6 / 100.08 KM
Aden Road, ILFORD, Essex, IG1 £ 625,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
1 Montreal Road £ 318,0000.02 KM
41 Montreal Road £ 300,0000.02 KM
18 Montreal Road £ 475,0000.02 KM
16 Montreal Road £ 500,0000.02 KM
3 Montreal Road £ 285,0000.02 KM