Amanda Roberts says ..

Property Oracle says ..

This two-bedroom flat at 22 King Henry Lodge, Hall Lane, Waltham Forest, is situated in a retirement complex for over 60s. The property’s location offers access to local amenities and relatively good transport links to several train stations which are approximately 3km away. Nearby schools are highly rated, which adds to the appeal for families living in the area and considering the value of the property. However, the property is for over 60s and does not mention the amenities offered within the complex.

The property’s condition appears adequate but could benefit from some decluttering and minor upgrades to enhance its appeal to potential buyers. The internal images show what seems to be personal belongings scattered around the property, which gives the impression of it needing a clean and tidy before marketing to potential buyers. The internal photos do not show clear evidence of any significant repairs or renovations needed.

While the property does not appear to include a private garden, it does have access to communal grounds which may improve the desirability of the property and it benefits from access to communal amenities within the building.

The asking price of £375,000 is comparable to nearby similar properties and within the same type of retirement complex, thus making it a realistic valuation within the context of this specific target market. However, the lack of square footage data hinders a complete price-per-square-foot analysis.

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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