Rainbow Estate Agents (S.E.) Ltd says ..

Property Oracle says ..

This two-bedroom apartment in Waltham Abbey, Essex, is listed at £180,000. The property’s location in Waltham Abbey provides access to local amenities and transport links, though these aren’t exceptional. Several primary and secondary schools are within a reasonable distance. Train stations like Waltham Cross, Cheshunt, and Enfield Lock are within a 3 to 5 km radius, offering connections to London and other parts of the UK.

However, the property’s interior condition is a significant concern. The photos provided clearly show a property in need of extensive modernisation and renovation. The flooring, walls, and kitchen/bathroom fixtures appear outdated and unclean, implying substantial costs for repairs and improvements before the property would be habitable. The lack of a garden or outdoor space further detracts from its appeal.

The list price reflects the average prices of other two-bedroom properties in the area, many of which seem to need updating themselves. Although this property is priced similarly to others on Howard Close, its significant need for renovation could be viewed as overvalued compared to properties in better condition within the region. Potential buyers should factor in a considerable budget for renovations before making an offer. The mention of ‘CASH BUYERS ONLY’ in the listing further suggests a potential need for buyers to have funds immediately to hand and suggests a lower confidence in the selling price.

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

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