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Thomas Road, Limehouse, E14

London

£350,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Flat
Area
735 sqft

Description

This three-bedroom flat presents a significant opportunity for investors and families eager to put their personal touch on a property. Located in Limborough House on Thomas Road, this flat benefits from an advantageous position within a thriving East London community, characterized by ongoing regeneration. The property is currently tenanted, allowing for immediate rental income while offering the potential for thoughtful renovations to enhance its future value. The interior layout provides a spacious reception room that can easily be adapted to various configurations, presenting a great starting point for modernisation. The separate kitchen holds potential for transformation into an open-plan space, allowing for an improved flow and contemporary aesthetic. Each of the three bedrooms is generously sized, providing ample natural light and versatility—whether as children's rooms, guest spaces, or home offices. The existing bathroom requires refurbishment but offers the chance to reconfigure the layout to include modern amenities and improved functionality. Situated near excellent transport links and local attractions such as Canary Wharf and Limehouse Basin, this flat promises more than just residential comfort; it stands as a sound investment in an area poised for capital growth amidst East London's fascinating blend of history and modern development.

Investment Analysis

(E14 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£476/sq ft
Area Average
£742/sq ft
Avg Rent (weekly)
£557
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£599,543
10% above area average per sq ft
Potential ROI
+53.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (E14)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -10.8%
5 year growth: -16.5%
Investment Disclaimer: Analysis based on E14 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

Thomas Road, Limehouse, E14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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