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Paragon Road, Hackney, E9

London

£300,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Flat
Area
808 sqft

Description

Nestled in the lively area of Hackney, this spacious two-bedroom flat presents a promising venture for those looking to invest or customize their living space. Located on the third floor with convenient lift access, the accommodation is bright and generously proportioned, featuring two sizeable bedrooms, a fitted kitchen with dining area, a family bathroom, and a welcoming reception room ideal for both relaxation and entertainment. Although currently well-maintained, there exists ample opportunity for modern upgrades that could significantly enhance the property's value, allowing buyers to tailor it to their personal style and needs. The practical layout and roomy dimensions lend themselves well to potential reconfiguration or improvement. This property enjoys an advantageous position within walking distance to various local amenities such as shops, cafés, restaurants, parks, and leisure facilities. For commuters, Hackney Central Station is merely a 7-minute stroll away while Homerton Overground Station is about 12 minutes on foot, ensuring excellent transport links throughout London. With its prime location combined with substantial enhancement potential, this property stands out as a remarkable opportunity in one of East London's most desirable neighbourhoods.

Investment analysis

(E9 area)

Below Market Value

This property is priced -49.6% below area average per sq ft

-49.6%
Potential saving
This Property
£371/sq ft
Area Average
£736/sq ft
Avg Rent (weekly)
£543
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£654,335
10% above area average per sq ft
Potential ROI
+95.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (E9)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on E9 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

Paragon Road, Hackney, E9
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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
£1,133
Based on a loan of £225,000 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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