Cromwell Lodge, Barking, IG11 8UB
RE

Cromwell Lodge, Barking, IG11 8UB

By Retirement Homesearch

£ 120,000

Reviews

2 out of 5 stars

Retirement Homesearch says ..

A ONE BEDROOM RETIREMENT APARTMENT LOCATED ON THE GROUND FLOOR Cromwell Lodge was constructed by Cromwell Developments and comprises 70 properties arranged over 3 floors served by stairs and a lift. Situated in well maintained gardens with local shops opposite and on the main Bus Route to surroun...

Property Oracle says ..

This one-bedroom retirement apartment in Cromwell Lodge, Barking, offers a convenient and accessible location for those seeking a low-maintenance lifestyle. Its proximity to shops, bus routes, and well-regarded schools is a significant advantage, complemented by the relatively close distance to train stations providing good transport links. The communal gardens add to the appeal for residents who may appreciate this shared outdoor space. Inside, the apartment displays a clean but dated interior with functional though somewhat basic finishes. While the apartment appears well-maintained, updating the decor could enhance its overall aesthetic and market value. The lack of private outdoor space is a limitation; however, the communal gardens and convenient location offset this somewhat. The price aligns reasonably with comparable retirement properties in the area, offering a potentially sound investment option given its location and amenities. It’s important to note that this analysis considers only the information provided; a physical inspection would be necessary for a truly comprehensive assessment.

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
5
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
449.93

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
401,702.00 £
Decreased by 5.05 %
from 423,076.00 £
Est sale value
170,073.54 £
Increased by 14.20 %
from 148,926.83 £
Average area rental value
1,584.00 £/mo
Decreased by 23.85 %
from 2,080.00 £/mo
Est letting value
449.93 £/mo
Unchanged by 0.00 %
from 449.93 £/mo
Est rental Yield
4.73 %
Decreased by 19.83 %
from 5.90 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Retirement Homesearch created the listing.

Nearby Schools

NameTypeOfstedDistance
Barking Abbey School, A Specialist Sports And Humanities CollegeCommunity SchoolGood0.76 KM
Manor Infants' School/Manor LongbridgeCommunity SchoolGood0.76 KM
Manor Junior SchoolCommunity SchoolGood0.76 KM
Loxford SchoolAcademy Converter0.85 KM
Eastbury Community SchoolCommunity SchoolGood0.85 KM

Images

LOUNGE BEDROOM BEDROOM LOUNGE KITCHEN SHOWER ROOM HALLWAY LOUNGE KITCHEN RESIDENTS LOUNGE PHOTO SHOWS GENERAL VIEW OF DEVELOPMENT PHOTOS SHOW GENERAL VIEW OF RETIREMEN... COMMUNAL GARDENS

Nearby Streets

NameAverage PriceAverage SqftDistance
Seaton Avenue £ 625,00000.00 KM
South Park Drive £ 700,00000.00 KM
Mulberry Court £ 000.00 KM
Essex Road £ 000.00 KM
Wedderburn Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seven Kings6893SVK1.88 KM
Barking7492BKG1.91 KM
Goodmayes6878GMY2.60 KM
Ilford6881IFD3.23 KM
Chadwell Heath6874CTH4.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Longbridge Road, Cromwell Lodge Longbridge Road, IG11 £ 90,000BUYUnknown0.00 KM
Cromwell Lodge, Barking, IG11 8UB £ 120,000BUY5 / 100.00 KM
Cromwell Lodge, Longbridge Road, Ilford. £ 77,000BUY6 / 100.01 KM
Longbridge Road, Barking £ 115,000BUYUnknown0.01 KM
Longbridge Road, Barking £ 150,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
276a Longbridge Road £ 256,0000.10 KM
268 Longbridge Road £ 175,0000.10 KM
262a Longbridge Road £ 138,5000.10 KM
258a Longbridge Road £ 260,0000.10 KM
270 Longbridge Road £ 138,0000.10 KM