Dexters says ..
A two bedroom Victorian conversion with a large private south facing garden on one of Stoke Newington's prime roads. The property has its own private entrance and currently measures just under 700 sq ft with potential to extend, subject to planning. It is being sold with a Share of the Freehold a...
Property Oracle says ..
This two-bedroom Victorian conversion flat on Farleigh Road, Stoke Newington, offers a desirable location and the convenience of a private garden. The property is situated in a sought-after area of Hackney, known for its trendy amenities and good transport links. Several highly-rated primary schools are located within walking distance, making it an attractive option for families. While the interior is in decent condition, it could benefit from some cosmetic upgrades and modernization to enhance its appeal. The kitchen and bathroom seem adequately equipped, but the overall aesthetic seems slightly dated. The small garden is a key selling point but is currently somewhat overgrown and underutilized, presenting an opportunity for enhancement. The list price reflects the current market conditions for the area and property type, and while some additional work might increase its value, it’s priced reasonably competitively compared to other properties in the immediate vicinity. The potential for extension (subject to planning permission) is also a notable factor that buyers might wish to consider. Overall, the property presents a solid investment opportunity, with potential for increased value through some home improvements. Prospective buyers should carefully consider the necessary updates and costs involved and conduct thorough property searches and valuations. The limited plot size is a constraint, while the proximity to amenities and transport makes it attractive. Buyers should factor in the additional costs and effort associated with modernizing the property to match their requirements.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 693.20
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Metrics Year-on-Year
- Average area value
- 996,818.00 £Increased by 20.60 %
- Est sale value
- 594,072.40 £Increased by 149.85 %
- Average area rental value
- 2,571.00 £/moIncreased by 1.70 %
- Est letting value
- 1,386.40 £/moIncreased by 100.00 %
- Est rental Yield
- 3.10 %Decreased by 15.53 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Dexters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shacklewell Primary School | Community School | Outstanding | 0.18 KM |
| Halley House School | Free Schools | Good | 0.34 KM |
| The Petchey Academy | Academy Sponsor Led | Good | 0.37 KM |
| Princess May Primary School | Community School | Good | 0.57 KM |
| Linden Children'S Centre | Children's Centre | 0.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Scoble Place | £ 285,000 | 0 | 0.00 KM |
| Shacklewell Lane | £ 0 | 0 | 0.00 KM |
| Truman's Road | £ 0 | 0 | 0.00 KM |
| Birkbeck Road | £ 0 | 0 | 0.00 KM |
| Birkbeck Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rectory Road | 6967 | REC | 0.65 KM |
| Dalston Kingsland | 1429 | DLK | 0.81 KM |
| Dalston Junction | 1443 | DLJ | 1.00 KM |
| Stoke Newington | 6934 | SKW | 1.16 KM |
| Hackney Downs | 6867 | HAC | 1.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Farleigh Road, London, N16 | £ 1,399,000 | BUY | 6 / 10 | 0.01 KM |
| Farleigh Road, Stoke Newington, London, N16 | £ 1,350,000 | BUY | Unknown | 0.03 KM |
| Farleigh Road, London, N16 | £ 1,500,000 | BUY | 6 / 10 | 0.06 KM |
| Somerford Grove Estate, London, N16 | £ 425,000 | BUY | 5 / 10 | 0.09 KM |
| Somerford Grove Estate, London, N16 | £ 475,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22b Farleigh Road | £ 378,250 | 0.00 KM |
| 22a Farleigh Road | £ 65,000 | 0.00 KM |
| 24b Farleigh Road | £ 470,000 | 0.00 KM |
| 22c Farleigh Road | £ 375,100 | 0.00 KM |
| 22d Farleigh Road | £ 400,000 | 0.00 KM |