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Tower Hamlets Road, London, E7

London

£450,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
721 sqft

Description

This charming three-bedroom Victorian terrace home is situated on a picturesque road in the lively Forest Gate area, offering a solid foundation for renovation and personalisation. The property features spacious rooms with high ceilings that allow for an abundance of natural light. On the ground floor, the elegant reception room leads to a fully equipped kitchen and a family bathroom, as well as access to a private garden—ideal for both entertaining and relaxation. The first floor consists of three neutrally decorated bedrooms, providing a blank canvas for potential updates. The property stands out due to its expansion possibilities, subject to planning permission (STPP), making it an attractive proposition for families seeking long-term investment opportunities. With its blend of original character and modern living options, this home invites creativity and vision. Located in Forest Gate, this residence enjoys a peaceful yet vibrant community atmosphere. Excellent transport links are available, including a short walk to Forest Gate underground station, facilitating easy access throughout London. Nearby amenities include an array of independent shops and eateries, along with the extensive retail offerings at Westfield Stratford City. For outdoor enthusiasts, proximity to Wanstead Flats and West Ham Park provides ample recreational space for leisure activities. Families will also appreciate the variety of highly-rated schools within walking distance.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +17.1% above area average per sq ft

+17.1%
This Property
£624/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£481
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£422,722
10% above area average per sq ft
Potential ROI
-15.5%
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

Tower Hamlets 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
£1,605
Based on a loan of £337,500 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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