Romford Road, London, E12
By Alliance London
£ 2,000,000
Reviews
2 out of 5 stars
Alliance London says ..
Discover an exceptional commercial property for sale on Romford Road, London, E12 5. This prime location offers seamless connectivity, with the nearest bus stop just 0.06km away and Manor Park railway station at a convenient 0.27km distance. Enjoy easy access to supermarkets, dining options, shop...
Property Oracle says ..
This property, located on Romford Road in Manor Park, is a commercial unit currently operating as a warehouse. The exterior of the building appears fairly well-maintained, however, the internal images reveal a cluttered space which would require significant refurbishment for any conversion or future use. The property benefits from a convenient location near Manor Park station and several well-regarded schools. However, the list price of £2,000,000 requires careful consideration given the substantial work needed to bring the space up to a habitable standard. The lack of garden or significant land area is a noticeable limitation. Overall, prospective buyers should have substantial capital reserves and experience in commercial property development to successfully manage this project. A thorough survey and a detailed assessment of potential planning permissions would be essential before proceeding with any purchase. The property’s size and its proximity to transport links and local amenities are advantages, but these need to be balanced against the costs and risks associated with its current condition and uncertain future use.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 8,320.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 383,000.00 £Increased by 11.30 %
- Est sale value
- 4,318,080.00 £Increased by 48.29 %
- Average area rental value
- 1,425.00 £/moDecreased by 0.90 %
- Est letting value
- 8,320.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.46 %Decreased by 10.98 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Alliance London created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Avenue Primary School | Community School | Good | 0.20 KM |
| Salisbury Primary School | Community School | Good | 0.33 KM |
| Sir John Heron Primary School | Community School | Good | 0.67 KM |
| Essex Primary School | Community School | Outstanding | 0.80 KM |
| Monega Primary School | Academy Sponsor Led | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Herbert Road | £ 0 | 0 | 0.00 KM |
| Salisbury Road | £ 475,000 | 0 | 0.00 KM |
| Bluebell Avenue | £ 237,500 | 0 | 0.00 KM |
| Aldersbrook Road | £ 0 | 0 | 0.00 KM |
| Warwick Road | £ 390,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manor Park | 6883 | MNP | 0.33 KM |
| Woodgrange Park | 7467 | WGR | 0.59 KM |
| Ilford | 6881 | IFD | 2.41 KM |
| Wanstead Park | 7408 | WNP | 2.54 KM |
| Forest Gate | 6876 | FOG | 2.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Greenhill Grove, Manor Park, London, E12 | £ 365,000 | BUY | 6 / 10 | 0.18 KM |
| Forest View Road, Manor Park, London, E12 | £ 550,000 | BUY | Unknown | 0.21 KM |
| 26 Station Road, Manor Park, London, E12 5BT | £ 440,000 | BUY | 5 / 10 | 0.22 KM |
| Forest View Road, Manor Parrk | £ 240,000 | BUY | 5 / 10 | 0.22 KM |
| Meanley Road, Manor Park, London, E12 | £ 500,000 | BUY | 6 / 10 | 0.23 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 755 Romford Road | £ 125,000 | 0.03 KM |
| 707a Romford Road | £ 139,000 | 0.06 KM |
| 735a Romford Road | £ 68,000 | 0.06 KM |
| 733a Romford Road | £ 95,000 | 0.06 KM |
| 763a Romford Road | £ 248,750 | 0.06 KM |