Oak Lodge, 56 Cambridge Road, Wanstead, London, E11 2PS
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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 %
from 724,949.00 £
Est sale value
306,917.73 £
Decreased by 22.02 %
from 393,600.57 £
Average area rental value
1,859.00 £/mo
Decreased by 4.42 %
from 1,945.00 £/mo
Est letting value
1,007.94 £/mo
Unchanged by 0.00 %
from 1,007.94 £/mo
Est rental Yield
5.30 %
Increased by 64.60 %
from 3.22 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Trading Places created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Of Lourdes Rc Primary SchoolAcademy Converter0.20 KM
Wanstead Children'S CentreChildren's Centre0.61 KM
Wanstead Church SchoolVoluntary Aided SchoolOutstanding0.76 KM
Davies Lane Primary SchoolAcademy Converter1.38 KM
Davies Lane Children CentreChildren's Centre Linked Site1.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Selsdon Road £ 483,63600.00 KM
Gordon Road £ 863,18200.00 KM
Woodcote Road £ 919,87500.00 KM
Cambridge Road £ 357,74000.00 KM
Bush Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leytonstone High Road7403LER1.73 KM
Wanstead Park7408WNP2.46 KM
Forest Gate6876FOG2.67 KM
Wood Street6954WST2.96 KM
Leyton Midland Road7402LEM3.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oak Lodge, Wanstead £ 115,000BUY6 / 100.00 KM
Oak Lodge, 56 Cambridge Road, Wanstead, London, E11 2PS £ 190,000BUY5 / 100.00 KM
Oak Lodge, 56 Cambridge Road £ 165,000BUY6 / 100.01 KM
Oak Lodge, Cambridge Road, Wanstead £ 175,000BUYUnknown0.01 KM
Oak Lodge, Wanstead £ 115,000BUYUnknown0.01 KM

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