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My friends live that way, and they've got quite a nice house where the previous owners converted the loft into a mini pub. Complete with darts and a tiny pool table.
On the other hand it is pretty horrible to get there, and apparently most of the people who live on their road are taxi drivers.
Come be my neighbour http://www.rightmove.co.uk/property-for-sale/property-47046036.html
...go on