McDowalls says ..
*** RETIREMENT LIVING - OVER 55s *** *** LEASEHOLD *** McDowalls are pleased to present to the market this One Bedroom Flat, located on Cambridge Road. Potential residents MUST BE 55 years or older, and are able to enjoy a range of facilities and local amenities. Close by to Wanstead...
Property Oracle says ..
This one-bedroom retirement flat located on Cambridge Road in Wanstead Village, Redbridge, presents a relatively affordable entry point to the London housing market, particularly for those aged 55 or older. The property itself seems well-maintained and clean, with a modern and functional layout that is clearly geared toward accessibility and ease of living. The nearby amenities of Wanstead Village, including schools and transport links, are attractive. However, it’s worth noting that the property’s restrictive over-55s occupancy clause will significantly limit its potential buyer pool. Furthermore, the lack of a private garden and access only to communal grounds may disappoint some buyers. Given the scarcity of comparable properties with detailed square footage in the provided data, a definitive conclusion on its value relative to other properties in the area can not be reached confidently. The provided data has a limited range and is not comparable; however, the price seems relatively inline with other retirement units in the same area.
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
- 6
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 459.00
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
- 279,531.00 £Decreased by 22.02 %
- Average area rental value
- 1,859.00 £/moDecreased by 4.42 %
- Est letting value
- 918.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.30 %Increased by 64.60 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
McDowalls 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 | 0.62 KM | |
| Wanstead Church School | Voluntary Aided School | Outstanding | 0.76 KM |
| Davies Lane Primary School | Academy Converter | 1.37 KM | |
| Davies Lane Children Centre | Children's Centre Linked Site | 1.37 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, 56 Cambridge Road, Wanstead, London, E11 2PS | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Oak Lodge, Wanstead | £ 115,000 | BUY | 6 / 10 | 0.00 KM |
| Oak Lodge, 56 Cambridge Road | £ 165,000 | BUY | 6 / 10 | 0.01 KM |
| Oak Lodge, Cambridge Road, Wanstead | £ 150,000 | BUY | 5 / 10 | 0.01 KM |
| Oak Lodge, Cambridge Road, Wanstead | £ 175,000 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Highstone Avenue | £ 698,836 | 0.09 KM |
| 48 Highstone Avenue | £ 1,050,000 | 0.09 KM |
| 28 Highstone Avenue | £ 500,000 | 0.09 KM |
| 19 Highstone Avenue | £ 475,000 | 0.09 KM |
| 26 Highstone Avenue | £ 400,000 | 0.09 KM |