Stafford Road, London E3
London
£200,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
N/AType
FlatFeatures
- Garden
Description
This ground-floor studio at Driftway House has its own entrance and opens onto a private patio with access to a shared rear garden. The listing describes the interior as needing modernisation, giving a purchaser scope to update the space. It is offered chain free and is positioned for local amenities, green spaces and transport connections to Canary Wharf, Stratford and the City.
The lease has 82 years remaining. The stated service charge is £1,569.48, with ground rent included at £10.00. The property is marketed as suitable for owner-occupiers or investors.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: LOW
This is a clean, usable studio with a useful point of difference: its own entrance and a private patio leading onto a shared rear garden. The kitchen, bathroom, carpet and general finishes are dated but appear serviceable, giving a clear, light cosmetic project to personalise the space. The supplied £6,500–£12,500 renovation range suggests a contained scope, and the E3 location scores well.
Key opportunities
- Refresh the dated kitchen fittings and finishes as part of a contained cosmetic update.
- Update the bathroom and main-room flooring to give the studio a more cohesive, modern feel.
- Make the most of the private entrance, patio and usable shared garden as distinctive lifestyle features.
Key risks
- The 82-year lease is a material ownership consideration to investigate.
- Floor area is missing, so value versus local £/sqf cannot yet be assessed.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£756
Based on a loan of £150,000 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.
Tax
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Pricing
Price history
-20.0% since listed
£200,000£5,000(-2.4%)
23/10/2026£205,000£10,000(-4.7%)
09/06/2026£215,000£15,000(-6.5%)
26/05/2026£230,000£20,000(-8.0%)
20/05/2026£250,000Initial listing
12/05/2026Services
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