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Norman Road, Leytonstone, London, E11 4RL

London

£650,000
Listed on 20/02/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1194 sqft

Description

Approaching this property from a tranquil residential street, you are greeted by a quaint cottage garden that sets a welcoming tone. Inside, the hallway offers practical space for coats and shoes while providing access to a valuable cellar, enhancing the overall utility of the home. The main reception room is characterized by its high ceilings and large bay window, creating an open and inviting atmosphere. This versatile space is divided by an elegant archway; the front area serves well as a formal sitting room, while the rear section, with its French doors leading to the garden, functions beautifully as a family room or dining area. Adjacent to this is the morning room, which overlooks the side garden and features another bay window. This area holds considerable potential for transformation – whether as a dining space or as part of a renovation plan to develop an open-plan kitchen-family room layout. The existing kitchen includes basic wall and base cabinets along with an integrated double oven and gas hob. It also has plumbing for both a washing machine and dishwasher. A small hallway connects to a downstairs WC and leads out to the southeast-facing rear garden. The garden itself comprises paved sections alongside wide flower beds, ideal for cultivating plants or vegetables. A timber shed adds practical storage solutions, while mature trees extend beyond the garden boundary, providing both privacy and greenery. On the upper level, you will find three bedrooms along with a family bathroom and separate WC. The third bedroom overlooks the side garden and could serve effectively as either a child’s bedroom or home office. The second bedroom is generously sized, offering views over the rear garden towards nearby trees. The main bedroom spans the width of the property and benefits from ample natural light through its twin windows. Accessed through one of the smaller bedrooms, the family bathroom presents an opportunity for refurbishment that could allow for more convenient access from common areas of the home. Located in Leytonstone, this property sits within a vibrant community with an array of amenities just moments away. Public transport options are excellent; both Leytonstone Central Line station and Leytonstone High Road Overground station are approximately ten minutes on foot. Families will appreciate proximity to good schools, while Leytonstone High Road’s diverse shops and services are only a five-minute walk away. Dining options include well-regarded local establishments such as Unity Café and Titanic Kitchen, alongside easy access to Leyton Mills Retail Park featuring larger retail outlets. Nearby parks such as Hackney Marshes and Walthamstow Wetlands offer opportunities for outdoor recreation within easy reach. Current

Investment Analysis

(E11 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£544/sq ft
Area Average
£639/sq ft
Avg Rent (weekly)
£422
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£838,672
10% above area average per sq ft
Potential ROI
+18.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (E11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 3.8%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on E11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Norman Road, Leytonstone, London, E11 4RL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE