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Northfield Road, London, E6

London

£450,000
Listed on 03/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1097 sqft

Description

This mid-terraced home features three bedrooms and presents a solid opportunity for renovation and investment. Set in the sought-after Burges Estate, the property is ready for updates that can significantly enhance its value. The ground floor comprises an entrance porch leading into a generous reception area, along with a kitchen space ripe for modernization. Upstairs, you will find three well-proportioned bedrooms and a bathroom, offering a functional layout for family living or rental potential. One of the standout features of this property is the sizable private garden, which provides ample outdoor space for leisure or gardening activities. The location further adds to its appeal; it’s conveniently situated near East Ham Tube Station and Barking Overground Station, ensuring excellent transport links to Central London and beyond. Major roadways, including the A406 and A13, are also easily accessible. In addition to transport advantages, families will appreciate the proximity to reputable schools like Kensington and Essex Primary School. This property presents an ideal canvas for those looking to invest in renovations or for families seeking a spacious home in a well-connected neighborhood with strong growth potential.

Investment Analysis

(E6 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£410/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£502
Avg Yield
6.2%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£588,025
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Monthly Sales
18
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (E6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 8.0%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on E6 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

Northfield Road, London, E6
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