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Ramsay Road, Forest Gate

London

£725,000
Listed on 02/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1056 sqft

Description

This charming Victorian terraced house offers a unique opportunity for potential buyers looking to invest in a property with character and room for personalization. Spread across multiple levels, it features three bedrooms and two bathrooms, providing an excellent foundation for transformation. The property is ideally situated near the vibrant Forest Gate Lanes, close to the beloved Winchelsea Arches and the expansive Wanstead Flats, making it a desirable location with accessible outdoor spaces. An outbuilding adds further versatility, perfect for conversion into a studio or workspace. Available without a chain, this house invites you to reimagine its layout to align with your vision. Upon entry, the hallway sets the stage for the ground floor's flow, highlighted by decorative ceiling elements that could be enhanced over time. The front reception room boasts a wide bay window that floods the space with natural light and creates an inviting atmosphere suitable for a main living area. Behind it lies a second reception that is adaptable in design, ideal for dining or as an additional lounge space. The kitchen/diner at the rear provides ample room for cooking and entertaining, benefiting from skylights and windows that maintain brightness throughout the day. There lies significant potential here to merge it with the rear reception or extend into the side return (subject to planning permissions) to achieve an appealing indoor-outdoor connection. The garden features established plants and paving, creating an outdoor sanctuary ripe for enhancement. At its end, you’ll find a generously sized detached outbuilding—a prime candidate for conversion into an artistic retreat or home office. On the first floor are three bedrooms of varying sizes alongside a practical shower room. The top level hosts a loft room offering substantial potential; it could easily serve as an additional principal bedroom if desired (pending necessary consents). Forest Gate Lanes is renowned for its eclectic charm and community spirit, featuring independent shops like Wild Goose Bakery and Wanstead Kitchen amidst boutique stores that capture local character. Families will appreciate nearby well-regarded schools such as Jenny Hammond Primary School. Maryland Station is conveniently located within walking distance, connecting residents swiftly to central London via the Elizabeth line. This house represents not just a home but a canvas to create something uniquely yours within one of London's most appealing neighborhoods.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +33.2% above area average per sq ft

+33.2%
This Property
£687/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£478
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£598,747
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 19.7%
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

Ramsay 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
£2,656
Based on a loan of £543,750 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