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Salcombe Road, London

London

£600,000
Listed on 20/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
463 sqft

Description

This expansive end-of-terrace property offers a unique opportunity for both investors and families. Currently configured as two self-contained one-bedroom flats, the layout spans approximately 981 sq ft (91 sq m), not including the sizable outbuilding at the rear. Each flat features essential living arrangements: the ground floor includes a living room, kitchen, front bedroom, and a bathroom, along with access to a private garden. The first floor mirrors this setup with another self-contained flat featuring a kitchenette and bathroom. Investors will appreciate the potential for dual rental income from maintaining the current arrangement, while those looking to create their ideal family home might consider reconfiguring it back into a spacious three-bedroom residence (subject to requisite planning permissions). The property boasts additional advantages such as side access and a generous plot size compared to typical mid-terrace homes. The outdoor space comprises a rear garden measuring around 28 ft and an outbuilding that could serve multiple purposes—be it storage or workspace—depending on individual needs. Located on Salcombe Road, residents have convenient access to local amenities and transport links like St James Street Overground and Blackhorse Road (Victoria Line), ensuring swift connections into Central London. This accessibility is likely to attract long-term interest from tenants or prospective buyers alike.

Investment Analysis

(E17 area)

Above Market Value

This property is priced +94.7% above area average per sq ft

+94.7%
This Property
£1,296/sq ft
Area Average
£666/sq ft
Avg Rent (weekly)
£460
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£339,016
10% above area average per sq ft
Potential ROI
-47.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (E17)

Area prices are rising by +8.0% over the last 12 months
3 year growth: +10.1%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on E17 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

Salcombe Road, London
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Mortgage Calculator

£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 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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