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Masterman Road, East Ham, E6

London

£490,000
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1152 sqft

Description

This three-bedroom semi-detached house in the desirable Central Park Estate of East Ham offers a blend of character and potential for renovation. The property features a spacious through lounge, a separate kitchen, and a conservatory that opens up to a substantial rear garden with side access. The layout includes two generously sized double bedrooms, one single bedroom, and a family bathroom on the first floor, along with an additional toilet conveniently located on the ground floor. The extensive garden provides an excellent opportunity for extension or development, subject to planning permission. This flexibility makes it particularly appealing for investors looking to enhance value through renovations or expansions. In terms of location, the property is ideally situated within walking distance of East Ham Underground Station (District Line) and Beckton DLR station, ensuring easy access to central London and beyond. Local amenities are plentiful; just down the road lies Green Street, known for its vibrant shopping atmosphere, while East Ham High Street provides numerous convenience options. This area is also well-connected by road; the nearby A13 facilitates quick routes toward major destinations such as City Airport and Docklands. Families will appreciate the proximity to reputable schools, including Central Park Primary School and Brampton Manor Secondary School, which has garnered significant attention for its academic achievements. The local parks are another highlight; Central Park offers space for recreation with facilities like tennis courts and community events throughout the year. For outdoor enthusiasts, cycling paths connect to broader areas like Stratford's Olympic Park within approximately 20 minutes. Considering rental potential, estimates suggest that this property could generate an annual income in the range of £27,600 to £30,000 when rented as a single household. Investors may explore further options such as multi-occupancy rentals, pending proper licensing from Newham Council. With the seller offering this home on a chain-free basis, it stands as an attractive option for both buyers intending to move in and those considering investment opportunities.

Investment Analysis

(E6 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£425/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£475
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£616,873
10% above area average per sq ft
Potential ROI
+16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E6)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 7.3%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on E6 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

Masterman Road, East Ham, E6
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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
£1,795
Based on a loan of £367,500 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