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Caldecott Way, Hackney, E5

London

£640,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1145 sqft

Description

This spacious three-bedroom ex-local authority home spans three floors and offers a substantial opportunity for a buyer looking to invest in renovation and customization. The ground floor boasts a generously sized kitchen/dining area that leads directly to a private rear garden, alongside a utility/storage room and a separate WC. As you ascend to the first floor, you will find a large reception room complemented by one of the three double bedrooms. The top floor accommodates two further well-sized double bedrooms and a family bathroom. Although the property requires modernisation throughout, it presents an excellent canvas for those keen to tailor their living space to suit personal tastes. It is offered with no onward chain, making it ideal for families seeking long-term residency or investors looking for potential in this sought-after Hackney location. Proximity to Millfields Park provides easy access to outdoor spaces, as well as the vibrant atmosphere of Chatsworth Road with its variety of independent shops and eateries. With good transport links from Homerton and Clapton stations, this property is perfectly positioned for commuting while being surrounded by quality schools, enhancing its appeal for families.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£559/sq ft
Area Average
£750/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£944,688
10% above area average per sq ft
Potential ROI
+29.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +13.0% over the last 12 months
3 year growth: +11.0%
5 year growth: +5.1%
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, Hackney, E5
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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
£2,418
Based on a loan of £480,000 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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