28 says ..

Property Oracle says ..

The property is located in East Ham South, Newham, which is in the East London borough. The area benefits from several primary schools within a 1km radius, with Brampton Primary School receiving an ‘Outstanding’ Ofsted rating. Transport links are also relatively good, with several train stations within a 3-4km radius offering connections to central London. However, it’s important to note that the distance to these stations might require the use of other transport methods. The average price of properties on Sandford Road is £400,000, suggesting the property is situated in a reasonably desirable area. Based on the provided images, the property is in significant need of renovation. The walls, floors, and fixtures appear dated and worn, requiring extensive repairs and modernisation. The bathroom and kitchen are particularly in poor condition. The property includes a small communal garden area, as shown in the images. While not a large private garden, it still offers some outdoor space. The property is listed at £240,000. Considering the average price per sqft in the area is £377 and this property is 680 sqft, a reasonable expectation would be around £256,000. However, the property’s condition significantly impacts its value. The extensive renovations required will add substantial costs, making the current list price potentially reasonable for a buyer willing to undertake a full refurbishment. The nearby properties on Melford Road show a range of prices, with some significantly lower and others comparable to the list price, reflecting the variability in condition and size within the area.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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