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Gransden Avenue, London E8

London

£1,150,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1484 sqft

Description

Set in the desirable area of Gransden Avenue, this leasehold property boasts an exceptional remaining lease term of 971 years and the potential to secure a stake in the freehold. With no chain involved and designated off-street parking, this home represents a blend of character, spaciousness, and considerable renovation potential in the vibrant locale of London Fields. The ground floor features a spacious open-plan kitchen and living area characterized by impressive ceiling heights and abundant natural light, perfect for both entertaining and day-to-day living. The space opens out to a private west-facing garden that enjoys glorious afternoon sun and includes secure storage for outdoor gear. Additionally, a conveniently located ground floor bathroom completes this level. On the upper floor, there are currently two sizable bedrooms; however, the existing layout presents excellent opportunities for reconfiguration or extension—there's even precedent on Gransden Avenue for adding another floor and creating a roof terrace (subject to planning approval). The entire property is marked by high ceilings, smart built-in storage solutions, and a welcoming atmosphere filled with light. The surrounding area enhances this property’s appeal with proximity to the lush green spaces of London Fields including parks, sports facilities, and lively weekend activities. Transport links are robust with London Fields Overground station providing quick access to Liverpool Street and beyond in under 10 minutes. Additionally, Hackney Central Overground further connects residents to East London. The nearby Victoria Park offers stunning landscapes peppered with gardens and events year-round. Local amenities abound with artisan bakeries, independent cafés, pubs, restaurants all within easy reach in both London Fields and Hackney, as well as the vibrancy of Broadway Market just a short stroll away. For cyclists, scenic routes along Regent's Canal provide convenient links across East London. This property stands as a noteworthy opportunity for those looking to invest in an adaptable home brimming with architectural charm while also holding significant potential for future enhancement.

Investment Analysis

(E8 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£775/sq ft
Area Average
£831/sq ft
Avg Rent (weekly)
£559
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,355,708
10% above area average per sq ft
Potential ROI
+13.0%
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
9%
Properties sold annually

Local Market Trend (E8)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +1.0%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on E8 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

Gransden Avenue, London E8
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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
£4,073
Based on a loan of £862,500 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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