The Stow Brothers says ..

Property Oracle says ..

This two-bedroom terraced house in Wanstead Village presents a mixed bag. Its location is a strong selling point, offering proximity to excellent schools like Wanstead Church School (rated Outstanding by Ofsted) and convenient access to Wanstead Station, providing a swift commute to central London. The immediate vicinity also boasts attractive green spaces, aligning with Wanstead’s reputation as a desirable residential area. Nearby streets like Gordon Road command significantly higher average prices. The property benefits from a small but usable rear garden—a rarity in this type of London property. However, the property’s condition presents a more nuanced picture. While structurally sound, it seems to require cosmetic modernisation. The current décor is dated, and upgrading the kitchen and bathroom could greatly improve its overall appeal and market value. The provided images suggest that a refurbishment would be beneficial. Finally, comparing the list price to the prices of similar properties in the area requires careful consideration. While £550,000 is not unusually high for the area, the absence of detailed square footage information in nearby property listings makes direct price-per-square-foot comparisons challenging. The lack of precise plot size data also hinders an accurate valuation. Overall, the property represents a sound investment for a buyer who is willing to undertake some modernisation work to unlock the property’s full potential, particularly given the fantastic location.

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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