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Manchester Road, Tower Hamlets, London, E14 - Image 1
Manchester Road, Tower Hamlets, London, E14 - Image 2
Manchester Road, Tower Hamlets, London, E14 - Image 3
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Manchester Road, Tower Hamlets, London, E14 - Image 5
Manchester Road, Tower Hamlets, London, E14 - Image 6
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Manchester Road, Tower Hamlets, London, E14 - Image 8

Manchester Road, Tower Hamlets, London, E14

London

£650,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1361 sqft

Description

This charming two-bedroom terraced house located on the Isle of Dogs presents an excellent opportunity for renovation and investment. The property features spacious living areas that invite creative updates and personalization, making it a canvas for those looking to enhance its value and comfort. Positioned near the picturesque River Thames, this home benefits from the convenient transport options provided by the Docklands Light Railway (DLR) and nearby Canary Wharf station, ensuring easy access to central London. The vibrant community offers a rich array of shopping, dining, and leisure activities within walking distance, making it an appealing option for both local residents and potential renters. With its current layout and proximity to key amenities, this property holds significant promise for those interested in putting their mark on a home or seeking a solid investment in a sought-after area.

Investment Analysis

(E14 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£478/sq ft
Area Average
£749/sq ft
Avg Rent (weekly)
£559
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£1,120,579
10% above area average per sq ft
Potential ROI
+64.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (E14)

Area prices are falling by +7.0% over the last 12 months
3 year growth: -11.1%
5 year growth: -14.0%
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.

Location

Manchester Road, Tower Hamlets, London, E14
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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
£2,381
Based on a loan of £487,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE