Auction House London says ..

Property Oracle says ..

This three-bedroom terraced house located at 69 Kingsland Road, Plaistow, E13 9NX is currently listed for auction at £250,000. The property presents a mixed bag of opportunities and challenges. On the positive side, it offers three bedrooms, a rare find in this price bracket in London. It also benefits from a rear garden (albeit needing considerable attention) and relative proximity to public transportation.

However, the property is in significant need of renovation. Images reveal damp patches on walls, damaged plaster, and an overall state of disrepair. The garden is unkempt and overgrown. The lack of bathrooms listed in the property information is notable and possibly due to incomplete data. Prospective buyers should be aware that the costs of bringing this property up to a habitable standard could be substantial. The area itself, while convenient in terms of transportation and the presence of nearby schools, is not particularly affluent and is likely to experience normal market fluctuations.

Therefore, while the listing price might seem attractive on the surface, potential buyers should carefully consider the considerable renovation costs, which could offset the low listing price. A thorough survey is essential before making any purchasing decisions. Due diligence and a realistic budget are critical aspects of any potential offer.

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

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