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Caldecott Way, London

London

£640,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1088 sqft

Description

This spacious three-bedroom ex-local authority home spans three floors, offering ample living space and significant scope for modern renovation. On the ground level, you'll find a large kitchen/dining area that opens directly to a private rear garden, along with a utility/storage room and a separate W/C. The first floor features a bright reception room and one of the well-sized double bedrooms. The top floor is home to two additional double bedrooms and a family bathroom. The property requires comprehensive updating throughout, making it an appealing project for those looking to personalize their space and create a long-term family home in this desirable Hackney area. It is being sold with no onward chain.

Located just moments from the popular Millfields Park, residents can enjoy easy access to green spaces, scenic riverside walks along the River Lea, and the expansive Hackney Marshes. The vibrant Chatsworth Road is also within reach, offering a diverse mix of independent cafés, restaurants, local shops, and lively weekend markets frequented by both young professionals and families. Transport links are strong with Homerton Station and Clapton Station nearby, plus various bus routes providing straightforward connections to Hackney, Stratford, and the City. Local schools add to the appeal for first-time buyers or growing families seeking a community-focused environment.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£588/sq ft
Area Average
£754/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£902,866
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +12.3% over the last 12 months
3 year growth: +9.6%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on E5 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

Caldecott Way, London
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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
£2,283
Based on a loan of £480,000 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.

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