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Friars Mead, London, E14

London

£650,000

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
743 sqft

Description

Nestled in a tranquil cul-de-sac in the desirable Isle of Dogs, this two-bedroom semi-detached freehold house presents a unique opportunity for buyers looking to invest in a property with substantial renovation potential. The current owners have maintained the home in excellent condition, making it immediately livable while still allowing for personal touches and enhancements that can significantly increase its value. With the possibility of extending and modernizing (subject to planning permissions), this home is ideal for those eager to create a bespoke living space tailored to their needs. The property boasts a generous rear garden, offering an outdoor sanctuary perfect for various activities, from gardening to entertaining. A notable advantage is the private off-street parking, which is increasingly rare for freehold homes in this part of East London. Inside, the layout consists of approximately 745 sq ft of comfortable living space. The ground floor features a spacious reception room adorned with parquet flooring and ample natural light. A conservatory adds versatility, serving as an additional reception area with lovely views of the garden. The separate kitchen offers good storage and worktop space, presenting an excellent opportunity for redesign. Upstairs are two well-sized double bedrooms and a family bathroom, all providing comfort but also leaving room for modernization should the new owner desire. In summary, this property not only meets immediate living requirements but also represents a solid investment opportunity due to its distinct characteristics and potential for growth. Situated within easy reach of Canary Wharf and with excellent transport links, this home is well-suited for first-time buyers or families seeking more space in London.

Investment analysis

(E14 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£875/sq ft
Area Average
£723/sq ft
Avg Rent (weekly)
£568
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£590,826
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (E14)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -11.3%
5 year growth: -25.7%
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

Friars Mead, London, E14
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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
£2,456
Based on a loan of £487,500 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.

Stamp duty calculator

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