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Walsingham Road, London E5

London

£1,250,000

Listed on 21/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced House
Area
1388 sqft

Features

  • Garden
  • Terrace

Description

This three-bedroom freehold terraced house combines period details with updated living spaces and includes a rear outbuilding. The ground floor has a double reception room with a bay window and shutters, plus French doors opening to the garden. A separate kitchen has modern fittings and appliances, and a family bathroom is also on this level, with garden access from both the kitchen and reception room. At the rear, the garden leads to a heated, electrified outbuilding that could serve as a workspace, gym or studio. A basement is currently used for storage and exercise space. Upstairs are three bedrooms, including a principal room with sash windows and built-in storage; the third bedroom opens onto a first-floor terrace. The listing states that gas central heating and radiators have been newly installed. It also notes scope to extend or reconfigure, subject to the relevant consents, and says permission has been granted for a proposed loft extension. The house is within reach of Stoke Newington’s shops and cafés, Hackney Downs and Overground stations at Clapton, Rectory Road and Stoke Newington.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: MEDIUM

This is a light-touch project with a lot already working: a bright double reception with period features, a usable modern kitchen and bathroom, and a garden outbuilding that adds flexible space. The unfinished basement and garden offer scope for practical improvements, while the listing also describes permission for a loft extension; check the decision and conditions before relying on it.

The score stays cautious where combining the asking price with refurbishment of around £7,000 lifts all-in commitment to about £1,257,000 — around 17% above what similar-sized stock commands locally today. That is why the overall grade stays low; we have not forecast value after improvement.

Key opportunities

  • Make the most of the bright, period-featured double reception and its garden-facing doors.
  • Improve the unfinished basement for more useful storage, gym or other space, subject to technical and regulatory checks.
  • Clear and refresh the garden paving, and verify the loft permission and the outbuilding’s services and permitted use.

Key risks

  • At the asking price, even adding the stated light-refurb budget leaves the purchase cost stretched against the local value benchmark for this floor area.
  • Plan on something close to £1,257,000 once the asking price and an estimated £7,000 of refurbishment are combined — around 17% above what similar-sized stock commands locally today, so margin after refurbishment is unproven.

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Map

Location

Walsingham Road, London E5
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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