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Barnabus Road, Homerton

London

£475,000

Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
721 sqft

Description

This spacious duplex maisonette occupies the first and second floors, featuring its own front entrance that offers complete privacy. The first level includes a bright lounge/dining area, a separate kitchen, and a bathroom conveniently located off the landing. Ascending to the upper floor, two generously-sized double bedrooms provide ample space for various layouts and uses. With an extensive lease of approximately 962 years and low ongoing maintenance costs, this property presents an excellent opportunity for modernization. Investors or homeowners can seize the chance to refresh and customize the interior to their own preferences. Located just moments from Homerton Station, residents benefit from superb transport links throughout London. The vibrant local area is enriched with amenities, including cafés and shops in nearby Hackney Wick and Homerton, along with quick access to green spaces like Victoria Park. For a broader shopping experience, Stratford's offerings are easily reached, including Westfield Stratford City. This property stands as a well-positioned investment with significant renovation potential in a lively part of East London.

Investment Analysis

(E9 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£659/sq ft
Area Average
£742/sq ft
Avg Rent (weekly)
£548
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£588,441
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E9)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -4.2%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on E9 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

Barnabus Road, Homerton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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

Price History

-5.0% since listed
£475,000£25,000(-5.0%)
22/04/2026
Current price
£500,000Initial listing
16/04/2026

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