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17 Cranberry Lane, Canning Town, London, E16 4PD - Image 1
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17 Cranberry Lane, Canning Town, London, E16 4PD - Image 3
17 Cranberry Lane, Canning Town, London, E16 4PD - Image 4
17 Cranberry Lane, Canning Town, London, E16 4PD - Image 5
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17 Cranberry Lane, Canning Town, London, E16 4PD - Image 8
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17 Cranberry Lane, Canning Town, London, E16 4PD - Image 10
17 Cranberry Lane, Canning Town, London, E16 4PD - Image 11

17 Cranberry Lane, Canning Town, London, E16 4PD

London

£245,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house presents a promising opportunity for renovation and investment. While the property requires modernisation, its solid structure and spacious layout provide a great foundation for enhancement. The accommodation includes a welcoming reception room, a functional kitchen, and a convenient WC on the ground floor. Upstairs, there are three bedrooms along with a bathroom, allowing for versatile living arrangements. Situated on Cranberry Lane, the location offers easy access to the amenities along Barking Road—just under two miles away—where residents can find various shopping and leisure options. Additionally, nearby parks like Memorial Recreation Ground and Hermit Road Recreation Ground provide valuable green space for outdoor activities. Transportation links are strong in this area, with West Ham station offering access to National Express services, the Underground, and DLR connections. This connectivity combined with its proximity to major roadways such as the A1011 and A13 enhances the property's appeal for commuters. Currently vacant, this house stands ready for an investor or homeowner looking to make their mark in a vibrant community. With careful updates and improvements, there's significant potential to increase value while creating a comfortable living space.

Investment Analysis

(E16 area)
Area Average
£595/sq ft
Avg Rent (weekly)
£511
Avg Yield
6.1%

Renovation Potential

Est. Renovation Cost
£24,500 - £61,250
10-25% of property value
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (E16)

Area prices are falling by +11.5% over the last 12 months
3 year growth: -6.0%
5 year growth: -1.4%
Investment Disclaimer: Analysis based on E16 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

17 Cranberry Lane, Canning Town, London, E16 4PD
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