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Mafeking Road, Canning Town North, E16 - Image 1
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Mafeking Road, Canning Town North, E16

London

£450,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
790 sqft

Description

Nestled in the desirable area of Canning Town North, this three-bedroom terraced house on a peaceful section of Mafeking Road presents an exceptional opportunity for renovation and investment. The property's layout features a spacious through lounge that welcomes natural light, a functional kitchen, and a family bathroom. The private rear garden adds potential for outdoor enhancements or personal landscaping, making it a blank canvas for those interested in creating an inviting outdoor space. On the upper level, you'll find three well-sized bedrooms, each offering ample room to adapt for varying family needs or professional uses. With the right updates, this home could be transformed into a modern living space that caters to contemporary tastes. The location is particularly advantageous, situated within walking distance of both Canning Town and West Ham stations. This accessibility to multiple transit lines—including Jubilee, District, Hammersmith & City, DLR, and C2C—ensures easy commutes to key destinations like Canary Wharf, Stratford, Fenchurch Street, and Central London. Additionally, the surrounding community offers essential amenities such as schools, shops, and parks. Proximity to vibrant areas like the Royal Docks and ExCeL London further enhances this property's appeal for investors looking to capitalize on the changing landscape of East London. With significant renovation potential in a sought-after locale, this property represents a compelling option for those looking to invest in real estate with future upside.

Investment Analysis

(E16 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£570/sq ft
Area Average
£608/sq ft
Avg Rent (weekly)
£517
Avg Yield
6.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£528,569
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (E16)

Area prices are falling by +3.7% over the last 12 months
3 year growth: 2.9%
5 year growth: 0.7%
Investment Disclaimer: Analysis based on E16 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

Mafeking Road, Canning Town North, E16
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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
£1,648
Based on a loan of £337,500 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.

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