340 Chadwell Heath Lane, Romford
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340 Chadwell Heath Lane, Romford

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We have confidence in this estimated current valuation Updated recently
£214,500
Or £1,394 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 23, 2022
£175,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 340 Chadwell Heath Lane, Romford, a cozy and compact flat type home with 2 bed in the RM6 4YH area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band C.

This classic property was built 1967-1975 and has a reported internal area of 62 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £214,500 and a rental potential of £1,394 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 23, 2022. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" CASH BUYERS ONLY. Your Move Glenwood estate agents are pleased to offer for sale this two bedroom, first floor, maisonette in Chadwell Heath.

The property comprises: 15ft receptiondining room, 8ft kitchen, 13ft bedroom, 11ft bedroom, and bathroomWC.

The property also benefits from a front garden, two external storage cupboards, and a balcony.

The lease is approximately 38 years, ending on 24122060. The seller has made an initial approach to the freeholder to enquire about extending the lease. Please note that the property is being sold with the existing (approximately) 38-year lease and that any extension of the lease will need to be undertaken by the buyer, at their own expense. The property is unlikely to be mortgageable with the majority of high street lenders and the property is, therefore, being offered to cash buyers only.

The services charges only include buildings insurance, which we understand from the seller is currently approximately ยฃ382 per year. We also understand from the seller that the ground rent is currently ยฃ128 per year.

The property is located within the London Borough of Redbridge, which is renowned for its award-winning parks, excellent transport links, thriving shopping areas, and high-performing schools. The property is within approximately 0.1 miles of New City College, within approximately 0.3 miles of King George Hospital, and within approximately 0.2 miles of the A12 road (which connects London and Essex). Chadwell Heath train station (Elizabeth Line- part of Crossrail) is within approximately 1.4 miles of the property.

The Council Tax band is C. The EPC rating is C.



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

QCH22038622 "

Property Data

Data point Compared to road
Tax band C

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £976 Try Mortgage Tracker
Energy £597 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
The Warren School
0.4mi
St Bede's Catholic Primary School
0.4mi
Furze Infants' School
0.4mi
Warren Junior School
0.4mi
Grove Primary School
0.6mi
Nearby Stations
Chadwell Heath Station
0.5mi
Goodmayes Station
1.2mi
Seven Kings Station
1.7mi
Newbury Park Station
1.9mi
Barkingside Station
2.1mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
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Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 340 Chadwell Heath Lane, Romford worth?

    340 Chadwell Heath Lane, Romford is now worth £214,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 340 Chadwell Heath Lane, Romford - click click here to get a valuation with no strings attached.

  2. What is the rental value of 340 Chadwell Heath Lane, Romford?

    The current rental valuation for this property is £1,394 per month, within a price range of £1,255 and £1,534.

  3. How many bedrooms does 340 Chadwell Heath Lane, Romford have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 340 Chadwell Heath Lane, Romford?

    Nearby schools in include The Warren School, St Bede's Catholic Primary School, Furze Infants' School, Warren Junior School, Grove Primary School

    Nearby stations in include Chadwell Heath Station, Goodmayes Station, Seven Kings Station, Newbury Park Station, Barkingside Station.

  5. What type of property is 340 Chadwell Heath Lane, Romford

    This is a Flat property. There are 20 other Flat properties on CHADWELL HEATH LANE, and 34 in total.

  6. When was 340 Chadwell Heath Lane, Romford built? How old is 340 Chadwell Heath Lane, Romford?

    340 Chadwell Heath Lane, Romford was was built between 1967-1975.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Romford, London Dagenham, London Hornchurch, London Rainham, London Upminster, London South Ockendon, Essex Grays, Essex Tilbury, Essex Purfleet-on-thames, Essex Romford, Essex