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Sherrard Road, Forest Gate

London

£475,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
933 sqft

Description

This three-bedroom terraced house presents a promising opportunity for buyers with an eye for renovation. Nestled on a charming tree-lined street in Forest Gate, the property is situated in an area undergoing significant development, enhancing its appeal as an investment prospect. The home features a functional layout that includes a welcoming entrance hallway leading to a spacious reception room, and a kitchen/diner that opens onto a generous rear garden. The first floor comprises three bedrooms and a well-sized bathroom. There is also access to a sizable loft space, which holds the potential for conversion into additional living quarters—subject to the necessary planning approvals. One of the standout features of this property is its proximity to excellent public transport links, making daily commutes and access to Central London exceptionally convenient. Additionally, residents can enjoy nearby local amenities and cycling paths, further enriching the lifestyle offered in this vibrant location. With the property being chain-free and requiring modernisation, it invites buyers looking to tailor their future home or capitalize on its investment potential. This house is poised to attract interest from those eager to create value in a developing neighborhood.

Investment Analysis

(E7 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£509/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£508
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£526,492
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 3.6%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on E7 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

Sherrard Road, Forest Gate
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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
£1,740
Based on a loan of £356,250 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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