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Richford Road, London, E15

London

£575,000
Listed on 11/09/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1448 sqft

Description

This mid-terraced period home on Richford Road, E15, presents an exceptional opportunity for those looking to invest in a property with significant potential. Featuring four spacious double bedrooms, this residence is well-suited for families seeking a functional layout while allowing room for personal touches and modern upgrades. The property retains various original elements that offer a sense of character and charm, making it an appealing project for renovation enthusiasts. Key features include a family bathroom and en-suite shower, additional ground floor W/C, and a bright open-plan kitchen/diner that facilitates both family life and entertaining. The cellar provides excellent storage options or the possibility of conversion into usable living space. Outside, the private rear garden invites potential landscaping to create an outdoor haven. Located in a sought-after area with convenient transport links to Stratford and Central London as well as access to top local schools and amenities, this property not only offers a comfortable living space but also represents a sound investment in a vibrant community.

Investment Analysis

(E15 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£397/sq ft
Area Average
£586/sq ft
Avg Rent (weekly)
£501
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£932,903
10% above area average per sq ft
Potential ROI
+40.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (E15)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -5.7%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on E15 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

Richford Road, London, E15
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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
£2,106
Based on a loan of £431,250 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