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Patrick Road, Plaistow, London, E13

London

£425,000

Listed on 09/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
757 sqft

Description

This two-bedroom period home situated in the sought-after New City Estate presents a unique opportunity for renovation and investment. The property features a spacious through lounge, bathed in natural light, highlighting original elements such as an attractive fireplace, which can be restored to enhance its character. The fitted kitchen is functional but offers room for modernization with an excellent layout and solid wood worktops that can transform it into a contemporary space. The family bathroom is well-maintained with a three-piece suite, yet there is potential for upgrades to increase value. The two double bedrooms are generously sized and bright, making them versatile for various uses including conversion into additional living areas or offices. Notably, there is loft access promising potential for conversion (subject to permissions), which could significantly increase the property's footprint. Outside, the private rear garden also provides an inviting canvas for landscaping or further outdoor enhancements. Located conveniently close to amenities and transport links, this home not only invites immediate occupancy but also offers excellent scope for future development and appreciation.

Investment analysis

(E13 area)

Above Market Value

This property is priced +19.3% above area average per sq ft

+19.3%
This Property
£561/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£452
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£391,744
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (E13)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -5.8%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on E13 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

Patrick Road, Plaistow, London, E13
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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
£1,606
Based on a loan of £318,750 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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