haart says ..

Property Oracle says ..

This four-bedroom terraced house on Prince Regent Lane, Custom House, Newham, is listed at £425,000. The property’s main positive is its location near Prince Regent and Custom House stations, offering access to both the Docklands Light Railway (DLR) and the Elizabeth line. This provides excellent transport links to central London and other areas. Several schools rated ‘Good’ by Ofsted are also located nearby. However, the property requires significant work. The photographs reveal clutter and disrepair throughout. The kitchen and living areas, in particular, need modernization and a thorough clean. The garden, while present, is overgrown and requires substantial attention. Additionally, the lack of specific plot size information makes it difficult to fully assess the property’s value. Comparable properties on Prince Regent Lane and nearby streets vary significantly in price, with some significantly cheaper than the listed price. While the transport links and proximity to schools are desirable, the significant need for renovation and the relatively high asking price, combined with the uncertainty around the plot size, could make the property a risky investment unless the buyer is prepared for substantial renovation costs.

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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