Ridley Road, London, E8
JB

Ridley Road, London, E8

By JBROWN GLOBAL LIMITED

£ 1,000,000

Reviews

2 out of 5 stars

JBROWN GLOBAL LIMITED says ..

Development opportunity devised of a Ground floor commercial unit, Ground floor flying freehold, First floor and Second floor flat.

Property Oracle says ..

This property on Ridley Road, Dalston, Hackney, is presented as a mixed-use building consisting of commercial units on the ground floor and residential units above. The listing highlights it as a development opportunity. The exterior shows a building that appears somewhat dated, with a roof showing signs of weathering and the exterior brickwork needing some attention. The images suggest a relatively small footprint, with limited to no land associated with the residential parts. The location is favorable, with good transport links to both Dalston Kingsland and Dalston Junction stations and the benefit of proximity to local schools and amenities. Dalston is undergoing significant regeneration, however, the immediate surroundings are not presented as the most desirable location within the wider Dalston area. The price point of £1,000,000 is at the upper end of the range of nearby property prices, though this is partially justified due to the property’s use as a development opportunity and the possibility of redevelopment. A prospective buyer would need to factor in renovation and refurbishment costs. The lack of square footage data and complete imagery makes a fully comprehensive assessment difficult, but the images provided allow for an adequate and impartial assessment for the purposes of the property score.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
4
Bathrooms
4

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
690,000.00 £
Decreased by 4.46 %
from 722,200.00 £
Average area rental value
2,884.00 £/mo
Increased by 29.68 %
from 2,224.00 £/mo
Est rental Yield
5.02 %
Increased by 35.68 %
from 3.70 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • JBROWN GLOBAL LIMITED created the listing.

Nearby Schools

NameTypeOfstedDistance
Colvestone Primary SchoolCommunity SchoolGood0.15 KM
Inspired Directions SchoolOther Independent Special SchoolGood0.26 KM
Halley House SchoolFree SchoolsGood0.39 KM
The Petchey AcademyAcademy Sponsor LedGood0.40 KM
Holy Trinity Church Of England Primary SchoolVoluntary Aided SchoolGood0.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Birkbeck Road £ 000.00 KM
Birkbeck Mews £ 000.00 KM
Hartwell Street £ 425,00000.00 KM
Shacklewell Lane £ 000.00 KM
Electric Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Dalston Kingsland1429DLK0.29 KM
Dalston Junction1443DLJ0.34 KM
Haggerston1022HGG1.11 KM
Rectory Road6967REC1.25 KM
Hackney Downs6867HAC1.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ridley Road, London, E8 £ 1,000,000BUY4 / 100.00 KM
Colvestone Crescent, E8 £ 850,000BUY8 / 100.08 KM
Colvestone Crescent, London, E8 £ 425,000BUY6 / 100.09 KM
58C Colvestone Crescent, Hackney, London, E8 2LH £ 240,000BUY6 / 100.09 KM
50B Colvestone Crescent, Hackney, London E8 2LH £ 210,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
40c Colvestone Crescent £ 155,0000.07 KM
36a Colvestone Crescent £ 1,210,0000.09 KM
56a Colvestone Crescent £ 594,0000.09 KM
44a - 44c Colvestone Crescent £ 159,9950.09 KM
44c Colvestone Crescent £ 472,8000.09 KM