Oakland Estates says ..

Property Oracle says ..

This two-bedroom ground floor flat in Chadwell Heath, Romford (RM6 5HD), is listed for £230,000. The property’s location is a key feature, with Chadwell Heath station offering convenient transport links. Several well-regarded schools are within a reasonable distance, making it potentially suitable for families. However, Chadwell Heath is not one of the most sought-after areas in Greater London, which could affect the long-term value and desirability. The flat itself is of a modest size and condition. The images suggest it is habitable and functional, but the decor is dated, particularly in the kitchen. The bathroom also seems somewhat dated. An important factor to note is the lack of a garden or significant private outdoor space, a common feature of flats. The price falls within the range of comparable properties in the immediate vicinity, indicating a relatively fair market value. Prospective buyers would need to weigh the advantages of the location and transport against the required renovations and the lack of outdoor space. Overall, this property represents a viable option for first-time buyers or investors seeking a relatively affordable entry point into the Greater London market, but potential buyers should carefully consider the condition of the property and factor potential renovation costs into their budget.

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

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