Shakespeare Crescent, Manor Park, London, E12

This three-bedroom Victorian-style terraced house presents a fantastic opportunity for buyers looking to create a personalized living space. Priced at £425,000, the asking figure is notably below the local average of £478/sqf, making this a compelling acquisition for those willing to undertake the extensive refurbishment required. With a large garden area and the potential for extension, there is ample opportunity to enhance the property's value and further improve the outdoor space.

However, the overall condition of the property shows significant signs of wear, with dated interiors throughout, including the living spaces and kitchen. This will necessitate a full-gut renovation rather than just cosmetic updates, as multiple rooms require modernisation. While the home's location on the popular Poets Estate is a strong point, prospective buyers should be prepared for the scale of the project ahead, particularly in terms of budget and timeline.