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Drapers Road, London

London

£500,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
737 sqft

Description

This terraced house on Drapers Road offers a promising canvas for renovation enthusiasts or investors looking to capitalize on London's dynamic housing market. With a total area of 737 square feet, the property comprises three generously sized bedrooms and a spacious reception area that provides ample room for customization. The entrance leads into a sizeable kitchen/diner, which, while in need of updating, presents an excellent opportunity to create an open-concept living space. The lounge at the rear of the house is bright and welcoming, perfect for family gatherings or as an inviting retreat. In addition to the main bathroom, there is a separate w/c that adds convenience for families. Notably, this property includes off-street parking – a valued asset in such a bustling location. The vibrant Stratford area is just moments away, with access to numerous shops, dining options, and leisure facilities, making it an attractive spot for potential tenants or buyers. Furthermore, transport links are readily available, facilitating easy commutes across London. This chain-free property stands out not only for its potential but also for its strategic location. Whether you envision transforming it into your dream home or converting it into an investment opportunity, this three-bedroom house represents a unique prospect in London’s real estate landscape.

Investment Analysis

(E15 area)

Above Market Value

This property is priced +17.1% above area average per sq ft

+17.1%
This Property
£678/sq ft
Area Average
£579/sq ft
Avg Rent (weekly)
£519
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£469,557
10% above area average per sq ft
Potential ROI
-14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E15)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.8%
5 year growth: -1.1%
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

Drapers Road, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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