Worst House on the Street Logo
Ranelagh Road, London - Image 1
Ranelagh Road, London - Image 2
Ranelagh Road, London - Image 3
Ranelagh Road, London - Image 4
Ranelagh Road, London - Image 5
Ranelagh Road, London - Image 6
Ranelagh Road, London - Image 7
Ranelagh Road, London - Image 8
Ranelagh Road, London - Image 9
Ranelagh Road, London - Image 10
Ranelagh Road, London - Image 11

Ranelagh Road, London

London

£650,000
Listed on 24/06/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1367 sqft

Description

This three-bedroom Victorian home in the Cann Hall area presents significant renovation and investment potential. Located near Wanstead Flats, this property is ideally positioned for families seeking access to quality schools and local amenities. Upon entering, you are greeted by a spacious hallway that leads into an expansive through lounge measuring 25 feet in length. This versatile area can serve as a welcoming space for both living and dining, offering ample room for customization. At the rear of the property, a staircase descends into a sizable cellar that has great potential; it could be repurposed into a study, cinema room, or fitness area—ideal for those looking to enhance their living experience. The kitchen is modern and accommodates a breakfast table, making it functional while still providing opportunities for further upgrades. Adjacent to the kitchen is a large utility area that connects to a convenient ground-floor family bathroom. The garden space is manageable in size, offering a blank canvas for landscaping or outdoor enhancements. Upstairs, the layout features three bedrooms along with a separate W/C. The main bedroom spans the width of the house and benefits from abundant natural light. The second bedroom is currently utilized as an office but can easily adapt to various needs, while the third bedroom serves well as a guest room or nursery. Additionally, there is potential to convert the loft into extra living space (subject to obtaining necessary planning permissions). Ranelagh Road provides excellent connectivity between Cann Hall Road and High Road Leytonstone, ensuring quick access to numerous transport links including 24-hour bus routes to Leytonstone and Stratford. Nearby shopping facilities further enhance convenience, while Wanstead Flats offers green spaces perfect for leisure activities. With good schools in proximity, this property stands out as an attractive long-term investment opportunity. Overall, this home not only offers comfortable living but also significant potential for improvements and expansion in one of East London’s desirable neighborhoods.

Investment Analysis

(E11 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£475/sq ft
Area Average
£627/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£942,294
10% above area average per sq ft
Potential ROI
+16.0%
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

Ranelagh Road, London
Map showing location of Ranelagh Road, London
Open Map