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Manchester Grove, London

London

£550,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
775 sqft

Description

Located in the desirable Manchester Grove, this two-bedroom terraced house offers a blank canvas for those looking to invest in a property with potential. The home features a spacious ground floor layout with a kitchen at the front, leading into a generously sized living room that includes a charming fireplace. A conservatory adjacent to the living space provides additional versatility, with direct access to an expansive approximate 50-foot garden which could be transformed into an outdoor oasis for leisure or entertaining. While currently comfortable, there is ample scope for modernisation and personalisation throughout, particularly on the first floor where both double bedrooms are equipped with built-in storage. This property also benefits from off-street parking and has extension possibilities (subject to planning permission), making it an appealing prospect for families and professionals alike. Its prime location ensures easy access to local amenities, schools, and transport links, especially for those commuting to Canary Wharf's bustling centre.

Investment Analysis

(E14 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£710/sq ft
Area Average
£726/sq ft
Avg Rent (weekly)
£557
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£619,256
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (E14)

Area prices are falling by -12.1% over the last 12 months
3 year growth: -12.3%
5 year growth: -24.7%
Investment Disclaimer: Analysis based on E14 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

Manchester Grove, London
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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
£2,078
Based on a loan of £412,500 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.

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