Millhaven Close, Chadwell Heath, RM6
AS

Millhaven Close, Chadwell Heath, RM6

By Ashton Estate Agents

£ 169,995

Reviews

2 out of 5 stars

Ashton Estate Agents says ..

CASH BUYERS ONLY | 61 Year Lease on completion | Ample Parking | Second Floor Flat | Two Bedrooms | GAS CENTRAL HEATING | Double glazing | Ideal BTL | Well Maintained | Fitted wardrobes to Bedroom One | Tenure: Leasehold 61 years left ( this will not be renewed) Ground Rent £78 ...

Property Oracle says ..

This two-bedroom apartment in Millhaven Close, Chadwell Heath, is listed at £169,995. The location offers convenient access to transport links via Chadwell Heath station and benefits from being near several schools, including the highly-rated Newbridge School. While the apartment’s condition is acceptable and appears well-maintained, the décor could benefit from some modernization to enhance its overall appeal. The property has off-street parking which is a considerable benefit in this area. It is important to note that the property is leasehold, with only 61 years remaining on the lease, and this lease will not be renewed. This significantly impacts the overall value and could deter buyers unless they are aware of this limitation. The property is described as suitable for cash buyers only, which also restricts the pool of potential purchasers. Buyers should be especially aware of the leasehold nature and the significant implications it has on the future value and viability of the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1

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
403,188.00 £
Increased by 9.21 %
from 369,172.00 £
Average area rental value
2,913.00 £/mo
Increased by 84.13 %
from 1,582.00 £/mo
Est rental Yield
8.67 %
Increased by 68.68 %
from 5.14 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Ashton Estate Agents marked this listing as sold.

  • Ashton Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Newbridge SchoolAcademy Special ConverterOutstanding0.20 KM
Chadwell Heath AcademyAcademy Converter0.26 KM
Chadwell Children'S CentreChildren's Centre0.38 KM
Grove Primary SchoolCommunity SchoolOutstanding0.56 KM
Chadwell Childrens Centre NurseryChildren's Centre Linked Site0.66 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
South Road £ 000.00 KM
Third Avenue £ 000.00 KM
Second Avenue £ 550,00000.00 KM
Eastern Avenue £ 000.00 KM
Charles Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Goodmayes6878GMY1.27 KM
Chadwell Heath6874CTH1.35 KM
Seven Kings6893SVK2.61 KM
Ilford6881IFD5.64 KM
Barking7492BKG5.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Millhaven Close, Romford, RM6 £ 250,000BUY6 / 100.00 KM
Millhaven Close, Romford, RM6 £ 250,000BUY6 / 100.00 KM
Capstan Close, Romford, Essex £ 122,500BUY6 / 100.02 KM
Capstan Close, Romford, Essex £ 185,000BUY5 / 100.02 KM
Capstan Close Romford, RM6 4PY £ 220,000BUY4 / 100.04 KM

Nearby Properties

AddressPriceDistance
66 Millhaven Close £ 117,0000.01 KM
138 Millhaven Close £ 99,0000.01 KM
142 Millhaven Close £ 208,5000.01 KM
136 Millhaven Close £ 203,0000.01 KM
96 Millhaven Close £ 143,0000.01 KM