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Strone Road, London, E7

London

£555,500

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
850 sqft

Description

This three-bedroom terraced house in Forest Gate presents a significant opportunity for buyers interested in renovation and investment. The property spans two floors and includes multiple reception areas that can be adapted for diverse living needs, from formal dining to home offices or playrooms. The kitchen is functional but could benefit from modernization, and it connects to a lean-to extension currently serving as a utility space, offering potential for expansion or reconfiguration. A family bathroom and an additional shower room enhance practicality for larger households. Upstairs, the three spacious bedrooms provide ample room for families; however, the overall aesthetics are in need of refurbishment. This presents an ideal chance for owners to personalize the home according to their tastes while potentially increasing its market value. The location on Strone Road is characterized by ongoing community regeneration, making it an attractive option for families and investors alike. There is good access to transport links into Central London via Forest Gate Station on the Elizabeth Line and further amenities in the vibrant local area. With neighbouring properties successfully extending into their lofts and backyards (subject to planning permission), this home offers exciting prospects for development and improvement. It’s well-positioned near several parks and top local schools, adding further appeal to this investment opportunity.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£654/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£485
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£500,365
10% above area average per sq ft
Potential ROI
-17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +7.8%
5 year growth: +19.8%
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

Strone Road, London, E7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,099
Based on a loan of £416,625 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.

Stamp Duty Calculator

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