Douglas Allen says ..

Property Oracle says ..

This property located on Mansfield Road in Ilford, Essex, is a 2-bedroom, 1-bathroom house currently listed at £250,000. Its key selling points include its proximity to Ilford station, providing easy access to central London via the Elizabeth line. Nearby schools, including Read Academy Education, which has a ‘Good’ Ofsted rating, enhance its appeal for families. The property features a garden, although it appears to require some landscaping. Interior images show a living area that may need redecoration and modernisation, while the bathroom appears recently updated. Comparable properties in the area range from £142,000 to £425,000, indicating the listed price is within the average price range for the area, given the property’s condition. However, more detailed information, such as the total square footage of the house and the plot size, would facilitate a more comprehensive evaluation of the property’s value. The absence of these measurements prevents a definitive assessment of the property’s price-per-square-foot compared to the wider market. The nearby streets exhibit a considerable price range, highlighting the need for detailed property-specific information to accurately assess the list price. In summary, this property presents a reasonable opportunity for a buyer looking for a property in need of modernisation, in a convenient location with access to transport and schools. However, prospective buyers should carry out a thorough survey to fully assess the property’s condition and potential costs of renovation.

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

Images