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Blackwell Close, London

London

£550,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1151 sqft

Description

Nestled in a tranquil residential close in Hackney, this three-bedroom townhouse presents a compelling opportunity for those looking to invest in renovation and transformation. With recent improvements including a new roof, this property is primed for modernisation. Spanning approximately 1,151 sq ft across three levels, the layout accommodates spacious rooms that could easily be adapted to suit personal tastes. The ground floor features an entrance hallway with a guest WC, leading into a generous kitchen/dining area that opens out onto a private garden—perfect for gatherings or outdoor relaxation. On the first floor, a bright reception room and one double bedroom provide ample potential for redesign. The second floor offers two further double bedrooms and a family bathroom. This home requires comprehensive refurbishment but offers tremendous potential to create an inviting family residence reflective of your style. Additional perks include resident permit parking and proximity to local amenities, parks, and transport links, enhancing its appeal as an investment opportunity in dynamic East London.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£478/sq ft
Area Average
£742/sq ft
Avg Rent (weekly)
£521
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£939,446
10% above area average per sq ft
Potential ROI
+46.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blackwell Close, 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
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

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