Bairstow Eves says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Ilford, IG1, within the Redbridge borough of London. The list price is £220,000, and the property has 701.81 square feet of living space. The average property price in the area is significantly higher at £432,997, with an average price per square foot of £453.00. This suggests that the property may be underpriced compared to the average for the area. However, further analysis is needed to determine if this is truly the case.

The property appears to be in reasonable condition. While the images show that some minor cosmetic work may be required, there are no obvious signs of significant structural damage or disrepair. The walls and carpets appear to be fairly clean and well maintained. The kitchen and bathroom appear functional but dated, and may benefit from some modernization.

The property does not appear to have any private outdoor space; the plot size is listed as 0.00 sqft.

The location of the property is relatively convenient, with several transportation options within a reasonable distance, including Ilford train station (1.56km). There are also several schools nearby, although their Ofsted ratings vary. The proximity to transportation and schools is a positive aspect of the property’s location.

Considering the condition, lack of outdoor space, and the significant difference between the list price and the average price per square foot in the area, the list price of £220,000 appears to be relatively low. However, the lack of information on the property’s specific condition and the limited details about the surrounding area make it difficult to offer a definitive conclusion on its value. Further investigation, including a physical inspection, would be beneficial to fully assess the property’s condition and market value.

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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