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Millfields Road, London, E5

London

£1,100,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1292 sqft

Description

Situated in the lively neighborhood of Lower Clapton, this three-bedroom Victorian terrace presents an appealing blend of historical charm and contemporary living. Located on the desirable Millfields Road, this property boasts generous interior spaces, high ceilings, and an abundance of natural light that creates a welcoming environment. The ground floor features a spacious double reception room characterized by original fireplaces and traditional sash windows, offering an inviting space for daily living and social gatherings. At the rear, a modern kitchen and dining area open up to a manageable private garden—an ideal setting for outdoor activities or potential enhancements. Upstairs, you'll find three well-sized bedrooms complemented by a family bathroom. The layout provides ample opportunity to consider renovation options; there's potential for loft conversion or side extension (subject to planning permission) for those looking to increase the property's value and create additional living space. The location is another significant advantage, with various green spaces like Millfields Park and Hackney Downs within walking distance. Clapton Overground Station is conveniently nearby, facilitating easy access to Liverpool Street and central London. Residents can also enjoy a vibrant selection of independent cafes, restaurants, and shops along Chatsworth Road and Lower Clapton Road. This residence not only serves as a comfortable family home but also represents an excellent investment opportunity in one of East London's most sought-after areas.

Investment Analysis

(E5 area)

Above Market Value

This property is priced +15.5% above area average per sq ft

+15.5%
This Property
£851/sq ft
Area Average
£737/sq ft
Avg Rent (weekly)
£501
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£1,047,922
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +9.0% over the last 12 months
3 year growth: 13.7%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on E5 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

Millfields Road, London, E5
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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
£4,030
Based on a loan of £825,000 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