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Mellish Street, London, Greater London, E14

London

£750,000
Listed on 22/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1300 sqft

Description

This substantial terraced house on Mellish Street presents an exceptional opportunity for renovation and investment in the heart of London, specifically Canary Wharf. With three bedrooms, two reception rooms, and one bathroom, this property spans a considerable 1313 square feet and is available for the first time in nearly eight decades. Its location on a peaceful yet sought-after street makes it an attractive prospect for investors and developers looking to capitalize on the burgeoning property market in this dynamic area. The property requires extensive refurbishment but offers a versatile layout that can be transformed into either a bespoke family residence or a lucrative investment tailored to contemporary lifestyle preferences. Existing living spaces are well-proportioned, allowing for various configurations—from open-plan layouts to traditional room divisions—ensuring flexibility in design. Both bathrooms are in need of complete modernisation, while the inclusion of a downstairs WC offers further potential for reconfiguration. Additionally, the surrounding area has seen numerous successful renovations, setting a precedent for transforming properties like this into high-value homes. Moreover, residents will enjoy excellent transport options with South Quay DLR station nearby and proximity to the shops and amenities of Canary Wharf, enhancing both lifestyle appeal and investment desirability. Given the rarity of properties like this in such a prime locale, this house represents an invaluable chance to develop into either a dream home or a profitable project with substantial returns. Viewing is strongly encouraged to grasp the full scope of potential that awaits within these walls.

Investment Analysis

(E14 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£577/sq ft
Area Average
£753/sq ft
Avg Rent (weekly)
£555
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £130,000
Target Value
£1,076,147
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (E14)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -12.0%
5 year growth: -10.4%
Investment Disclaimer: Analysis based on E14 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.

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Location

Mellish Street, London, Greater London, E14
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