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Stracey Road, London, E7

London

£500,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
839 sqft

Description

This property presents a valuable development prospect on a tranquil street in Forest Gate, E7, with comprehensive planning permission already in place for extensions and reconfiguration. The charming two-bedroom freehold house is ideally situated close to excellent transport connections, including the Elizabeth Line, making it perfect for both family living and investment opportunities. The current layout features a bright reception area, an expansive kitchen/dining space, and a family bathroom, all leading to a private garden. Upstairs, two well-sized double bedrooms await your personal touch, with ample possibilities for enhancement through the approved plans. This property stands as a rare chance to invest in an evolving community that boasts green spaces and strong demand for housing. Ideal for first-time buyers or investors looking to tap into Forest Gate's potential growth market.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£596/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£481
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£491,906
10% above area average per sq ft
Potential ROI
-12.9%
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
13%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +7.7% over the last 12 months
3 year growth: +7.2%
5 year growth: +19.6%
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

Stracey Road, London, E7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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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