Humphrey & Co says ..

Property Oracle says ..

This three-bedroom terraced house located on Farmilo Road in Walthamstow, E17 8JL, presents a mixed bag of attributes for prospective buyers. The property’s strong points lie in its location: close proximity to well-regarded primary schools and relatively convenient access to public transport via several nearby stations make this an attractive prospect for families. Additionally, the presence of a rear garden is a significant advantage in a densely populated area like London. However, the property’s condition is a major factor to consider. The provided photographs reveal a property in need of a thorough refurbishment or modernization. The kitchen and bathroom appear dated and require updating, and the overall décor gives the impression that the property has not been recently upgraded. A potential buyer should factor in the costs of renovations in their assessment of the property’s value. Finally, while the list price of £650,000 seems relatively reasonable based on comparable properties in the area, the lack of detailed information on the size of nearby properties and the average price per square foot makes a precise valuation challenging. Potential buyers should thoroughly investigate comparable recent sales in the immediate vicinity to confirm the appropriateness of the asking price. In summary, this property offers a good location and the desirable feature of a garden but requires significant investment in modernization. Prospective buyers must weigh these factors carefully before making a purchase decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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