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Old Street, London, E13

London

£400,000
Listed on 04/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
840 sqft

Description

This Victorian end-of-terrace property presents a compelling opportunity for buyers interested in a comprehensive renovation project with significant potential for value enhancement. The home features expansive room sizes characteristic of its era, encompassing two floors that can be transformed into a bespoke family dwelling or an attractive investment. Currently requiring extensive refurbishment throughout, it serves as a blank canvas for those looking to infuse personal style and design. The ground floor comprises a sizable front reception room and a separate kitchen that leads to a private rear garden. The first floor houses two well-proportioned bedrooms along with a family bathroom. Importantly, there is potential for extending both to the rear and into the loft (subject to planning permission), allowing for increased living space and accommodation options. Situated in a residential area of E13, this property is conveniently located near various local amenities and boasts excellent transport links across East and Central London. Nearby green spaces such as West Ham Park and Plaistow Park offer recreational opportunities, while families will benefit from accessibility to several primary and secondary schools. A variety of shops, supermarkets, cafes, and eateries are within close proximity, along with Stratford's Westfield Shopping Centre for larger shopping needs. This location strikes a harmonious balance between commuting ease and everyday convenience, making it ideal for both families and investors alike. Its Victorian character—displayed through high ceilings and spacious layouts—combined with the opportunity for full renovation makes it an appealing prospect for those ready to invest time into transforming this property into their ideal home or a profitable rental asset.

Investment Analysis

(E13 area)

Below Market Value

This property is priced -0.1% below area average per sq ft

-0.1%
Potential saving
This Property
£476/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£477
Avg Yield
6.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£440,332
10% above area average per sq ft
Potential ROI
-10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (E13)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -4.8%
5 year growth: -1.3%
Investment Disclaimer: Analysis based on E13 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

Old Street, London, E13
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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
£1,465
Based on a loan of £300,000 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