Oak Lodge, 56 Cambridge Road, Wanstead, London, E11 2PS
By Trading Places
£ 190,000
Reviews
2 out of 5 stars
Trading Places says ..
Bright, spacious one bedroom flat for sale in Wanstead – a retirement property for residents over 55, it offers everything you need for comfy, practical living.
Property Oracle says ..
This one-bedroom retirement flat located at Oak Lodge, 56 Cambridge Road, Wanstead, London, E11 2PS, is marketed by Trading Places. The property is situated within a retirement complex, a factor that will restrict the pool of potential buyers. The property itself is presented in clean, well-maintained condition, with a simple, functional design. Images showcase a modest but adequate living space, a small kitchen, and a bathroom with a shower. The apartment appears spacious for a one-bedroom flat, and it benefits from being located in a desirable Wanstead location, offering access to green spaces and local amenities. However, the absence of a private garden is a noticeable drawback. The listing price needs further analysis in comparison to other properties within the retirement complex or similar ones. Given the location, condition, and limited land, the property will primarily appeal to older buyers seeking a low-maintenance living option in Wanstead. A full market appraisal, considering the over 55’s aspect of the property and recent sales of comparable units within the same complex, is highly recommended to accurately assess the property’s market value.
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
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 503.97
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
- 420,625.00 £Decreased by 41.98 %
- Est sale value
- 306,917.73 £Decreased by 22.02 %
- Average area rental value
- 1,859.00 £/moDecreased by 4.42 %
- Est letting value
- 1,007.94 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.30 %Increased by 64.60 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Trading Places created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Our Lady Of Lourdes Rc Primary School | Academy Converter | 0.20 KM | |
| Wanstead Children'S Centre | Children's Centre | 0.61 KM | |
| Wanstead Church School | Voluntary Aided School | Outstanding | 0.76 KM |
| Davies Lane Primary School | Academy Converter | 1.38 KM | |
| Davies Lane Children Centre | Children's Centre Linked Site | 1.38 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Selsdon Road | £ 483,636 | 0 | 0.00 KM |
| Gordon Road | £ 863,182 | 0 | 0.00 KM |
| Woodcote Road | £ 919,875 | 0 | 0.00 KM |
| Cambridge Road | £ 357,740 | 0 | 0.00 KM |
| Bush Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leytonstone High Road | 7403 | LER | 1.73 KM |
| Wanstead Park | 7408 | WNP | 2.46 KM |
| Forest Gate | 6876 | FOG | 2.67 KM |
| Wood Street | 6954 | WST | 2.96 KM |
| Leyton Midland Road | 7402 | LEM | 3.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Oak Lodge, Wanstead | £ 115,000 | BUY | 6 / 10 | 0.00 KM |
| Oak Lodge, 56 Cambridge Road, Wanstead, London, E11 2PS | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Oak Lodge, 56 Cambridge Road | £ 165,000 | BUY | 6 / 10 | 0.01 KM |
| Oak Lodge, Cambridge Road, Wanstead | £ 175,000 | BUY | Unknown | 0.01 KM |
| Oak Lodge, Wanstead | £ 115,000 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 48 Highstone Avenue | £ 1,050,000 | 0.09 KM |
| 19 Highstone Avenue | £ 475,000 | 0.09 KM |
| 28 Highstone Avenue | £ 500,000 | 0.09 KM |
| 26 Highstone Avenue | £ 400,000 | 0.09 KM |
| 24 Highstone Avenue | £ 698,836 | 0.09 KM |