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Rectory Road, Manor Park, E12

London

£475,000
Listed on 21/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1157 sqft

Description

This three-bedroom end-of-terrace house offers a unique opportunity for renovation and investment in a promising area. The property presents a functional layout that includes a spacious through lounge on the ground floor, leading to a rear kitchen equipped with ample storage space. The generous private garden at the back provides a blank canvas, ideal for those interested in outdoor enhancements or landscaping projects. On the upper level, you'll find two sizable double bedrooms alongside a single bedroom, complemented by a family bathroom. With the potential for significant development, there is an opportunity to expand into the loft and potentially create an additional fourth bedroom through a dormer conversion, pending planning permission. This aspect could greatly enhance both living space and property value. Located in Manor Park, this home enjoys convenient access to various transport links. The nearby Manor Park Station on the Elizabeth Line allows for swift commutes to key destinations such as Liverpool Street and Canary Wharf. Additionally, Woodgrange Park Overground Station is within easy reach, providing alternative travel options. Residents will also benefit from proximity to local bus routes and major roadways such as the A406 and A13. The neighborhood is family-friendly with several well-regarded schools in close proximity, including Salisbury Primary School and Little Ilford School. Furthermore, local parks, shopping amenities, and a diverse selection of dining options contribute to the area's vibrant community atmosphere. This property represents both an inviting home and an excellent investment opportunity for those looking to make their mark through renovation or expansion.

Investment Analysis

(E12 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£411/sq ft
Area Average
£464/sq ft
Avg Rent (weekly)
£485
Avg Yield
5.6%

Renovation Potential

Est. Renovation Cost
£47,500 - £118,750
10-25% of property value
Target Value
£591,106
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E12)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 11.1%
5 year growth: 24.8%
Investment Disclaimer: Analysis based on E12 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

Rectory Road, Manor Park, E12
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