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Monteagle Way, London

London

£450,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
679 sqft

Description

This spacious ground floor flat features two generous double bedrooms and a sizable living area that flows into the kitchen through double doors. A particularly appealing aspect is the private wrap-around garden, providing an ideal outdoor space for relaxation or entertaining. While the interior is fully functional as it stands, there exists significant potential for modernization to reflect contemporary tastes and significantly enhance value. Notably, the second bedroom offers direct access to the garden. The property is being sold chain-free, making it an attractive option for both first-time buyers and investors looking to capitalize on its renovation potential. Located conveniently within walking distance of Rectory Road and Clapton Stations, residents will benefit from easy access to transport links into central London. Nearby Downhills Park provides green space, while Stoke Newington High Street's diverse amenities are just a short distance away, along with well-regarded schools in the vicinity.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£663/sq ft
Area Average
£742/sq ft
Avg Rent (weekly)
£521
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£554,200
10% above area average per sq ft
Potential ROI
+13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +11.5% over the last 12 months
3 year growth: +9.1%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on E5 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

Monteagle Way, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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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