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Connaught Road, Leytonstone

London

£500,000
Listed on 14/06/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
797 sqft

Description

This mid-terrace property offers a commendable foundation for renovation or investment, featuring two generously sized double bedrooms. Located just 0.2 miles from Leytonstone High Road and the Central Line station, its position provides convenient access to public transport, making it appealing for potential tenants or future buyers. Upon entering, you are greeted by a spacious entrance hall that leads to a ground floor WC and a modern kitchen equipped with integrated appliances. The expansive lounge/dining room at the rear is illuminated by natural light and opens through patio doors to a well-maintained west-facing garden, which boasts ample sunlight throughout the day. This outdoor space includes both a patio area and an approximately 30-foot lawn, ideal for relaxation or social gatherings. Upstairs, the two double bedrooms offer comfortable living accommodations and share a fully tiled bathroom. Notably, this property holds significant potential for further development; there is scope to convert the loft into an additional bedroom and en-suite bathroom, subject to obtaining the necessary planning permissions. With gas central heating and full double glazing installed throughout, this well-kept home presents itself as an excellent opportunity for first-time buyers or investors looking to capitalize on its location and potential enhancements. The surrounding area is vibrant with local amenities, including diverse dining options and shopping facilities within walking distance. Overall, this property not only stands ready for immediate occupancy but also invites creative vision for future upgrades or expansions that could enhance its value over time. For further details or to arrange a viewing appointment, please reach out at your convenience.

Investment Analysis

(E11 area)

Above Market Value

This property is priced +0.1% above area average per sq ft

+0.1%
This Property
£627/sq ft
Area Average
£627/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£549,384
10% above area average per sq ft
Potential ROI
-12.1%
After renovation
Monthly Sales
43
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (E11)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 4.2%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on E11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Connaught Road, Leytonstone
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