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Upton Lane, London

London

£585,000
Listed on 04/09/2025

Property Details

Bedrooms
6
Type
Detached house

Description

Presenting a substantial six-bedroom, two-bathroom mid-terrace property that is ripe for renovation and investment. This property, while in need of modern updates, offers a unique chance for buyers to enhance its value through thoughtful refurbishment. Spread across multiple levels, the home boasts six spacious bedrooms alongside a single reception room and a large kitchen/diner, providing ample living space. The existing layout lends itself well to various future uses, including buy-to-let opportunities or conversion into an HMO (House in Multiple Occupation), pending necessary approvals. This flexibility positions the property as an attractive option within a thriving rental market. Externally, the property features a private rear garden, adding outdoor space that can be developed further to appeal to tenants or buyers seeking green areas. Its location benefits from excellent transport connections through Forest Gate and Upton Park stations, facilitating easy access to key areas in London. Additionally, nearby amenities such as schools and shopping facilities enhance its desirability for both renters and future homeowners. This chain-free offering presents a rare opportunity to acquire a property with significant potential in this desirable East London neighbourhood. Early interest is encouraged for those looking to capitalize on its investment prospects.

Investment Analysis

(E7 area)
Area Average
£515/sq ft
Avg Rent (weekly)
£478
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on E7 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

Upton Lane, London
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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
£2,143
Based on a loan of £438,750 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