Payne & Co says ..

Property Oracle says ..

This one-bedroom ground floor flat in Ilford, IG1, presents a mixed bag. Its location is a key strength, with proximity to Ilford station (Elizabeth line) offering convenient access to central London and various other locations. Several schools are also located nearby, making it potentially appealing to families. The presence of a garden is also a welcome addition, though the size is difficult to ascertain from the available images.

However, the property’s condition appears to require some attention. The kitchen shows signs of age and potential damp, while the overall aesthetic of the flat suggests that modernisation and potential repairs might be required. The provided images only show a limited area of the property, and a full survey would be recommended to determine the extent of any necessary works.

The price of £250,000 sits within the range of similar properties in the area, which includes other ground floor flats and properties which need some work. However, a precise assessment of value per square foot is challenging due to the lack of detailed information on the size of the property and comparable properties.

In summary, the property presents a reasonable opportunity for buyers seeking a conveniently located property, but it’s crucial to factor in the cost of potential renovations and any required repairs before making a purchasing decision. A thorough survey would significantly aid in determining the true cost and feasibility of such upgrades. Potential buyers should weigh the location’s advantages against the potential financial commitment of necessary improvements.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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