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Ramsay Road, Forest Gate

London

£595,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
House
Area
1327 sqft

Description

Nestled within the desirable 'Lanes' area of Forest Gate, this three-bedroom Victorian terraced home presents a unique opportunity for those looking to invest or put their personal touch on a classic property. The home exudes traditional charm with its striking Victorian exterior and is set on a quiet residential street. The interior features two spacious reception rooms that are ripe for modernization, while an extension has already created a functional kitchen/dining area. There remains ample scope for further enhancements, including the potential to extend at the rear (subject to local planning regulations). Upstairs, you will find three well-sized bedrooms alongside convenient access to loft space, which offers additional storage solutions. The property's layout includes both a ground-floor bathroom and a first-floor shower room, catering well to family needs or rental arrangements. Outside, the rear garden hosts a practical outbuilding that could serve multiple purposes – from storage to potentially being transformed into a home office, pending relevant approvals. Its strategic location provides excellent transport connections with Forest Gate Station and Wanstead Park Station approximately 0.9 miles away, alongside Leytonstone Underground Station just over a mile away, ensuring quick access into Central London. With no chain involved and offered on a freehold basis, this property is perfect for buyers eager to take on a project in an excellent area that boasts vibrant local amenities and serene parks like Wanstead Flats nearby.

Investment Analysis

(E7 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£448/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£484
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£772,473
10% above area average per sq ft
Potential ROI
+17.9%
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
14%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +8.1% over the last 12 months
3 year growth: +7.3%
5 year growth: +21.3%
Investment Disclaimer: Analysis based on E7 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

Ramsay Road, Forest Gate
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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
£2,107
Based on a loan of £446,250 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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