Balgores says ..

Property Oracle says ..

This three-bedroom, one-bathroom house located on Lodge Avenue in Gidea Park, RM2, presents a mixed bag of opportunities and challenges for prospective buyers. The property benefits from a desirable location close to good schools, including the ‘Good’-rated Gidea Park Primary School, and convenient access to rail links at Gidea Park and Romford stations. The proximity to these transport hubs offers easy commuting to central London. The house also includes a garden, adding to its appeal as a family home.

However, the property’s condition is a significant factor to consider. The interior requires substantial modernisation. The photos reveal dated decor, worn carpets, and outdated fixtures and fittings throughout. Potential buyers should budget for significant renovation costs, which will add considerably to the overall purchase price. The lack of precise plot size information also makes it difficult to accurately assess its value compared to similar properties in the area. While some nearby properties on Lodge Avenue have sold for higher prices, others have sold for considerably less. The current listing price of £550,000 needs to be carefully evaluated against the costs of the necessary renovations before making a purchasing decision. Overall, the property offers a good location and the potential for a lovely family home, but the condition and the need for extensive refurbishment are major considerations.

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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