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Redwald Road, London

London

£550,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1077 sqft

Description

This three-bedroom residence offers 1,077 sq ft of living space and is poised for transformation into a personalized urban retreat. While it currently requires renovation, the property boasts an inviting eat-in kitchen that sets the stage for family gatherings and a good-sized garden, perfect for outdoor leisure and activities. Located in a vibrant quadrant of East London, this home benefits from excellent transport connections. Both Clapton and Homerton stations are within convenient reach, providing Overground services to Liverpool Street and Shoreditch, while numerous bus routes facilitate easy access across Hackney and central London. The surrounding area is characterized by its leafy streets, parks, and abundant green spaces such as Hackney Marshes, London Fields, and the River Lea, which cater to those who enjoy outdoor pursuits like walking or cycling. Families will also find a variety of reputable schools close by as well as a thriving local café and restaurant scene. Given its location and potential for renovation, this property represents a compelling investment opportunity in a sought-after neighborhood. With careful updates, it could be transformed into a contemporary family home reflecting the vibrant lifestyle that East London has to offer.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£511/sq ft
Area Average
£746/sq ft
Avg Rent (weekly)
£481
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£883,727
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Monthly Sales
25
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (E5)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 4.6%
5 year growth: 0.4%
Investment Disclaimer: Analysis based on E5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Redwald Road, London
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