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Shrewsbury Road, Forest Gate, London, E7 - Image 1
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Shrewsbury Road, Forest Gate, London, E7

London

£539,000

Listed on 29/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1093 sqft

Description

This Victorian terraced home on Shrewsbury Road in Forest Gate offers an exciting opportunity for buyers looking to modernise and personalise their living space. The property features three spacious bedrooms and two bathrooms, making it suitable for families or those seeking additional room for guests. Upon entry, you are greeted by a generous through lounge, highlighted by a charming bay window that floods the area with natural light. At the rear, a family bathroom with a shower leads into a sizeable kitchen and dining room, which opens directly to a good-sized paved rear garden, perfect for outdoor entertaining or relaxation. The first floor comprises three well-proportioned bedrooms and a second family bathroom fitted with a bath. Externally, the property boasts a private driveway, providing valuable off-street parking. With its ample room sizes and development potential, subject to necessary planning permissions, this chain-free property is an excellent prospect for a wide range of buyers. Early viewing is highly recommended to appreciate the space and potential this Victorian home holds.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

48out of 100
Grade ELow opportunity

Confidence: MEDIUM

This Victorian terraced home presents a compelling opportunity to acquire a property at a price that is below the local average, with the asking figure of £493/sqf being notably cheaper than the local average of £537/sqf. This affordability opens the door for buyers looking to invest in a project where they can truly make their mark. The spacious layout, generous room sizes, and good-sized garden provide a strong foundation for a renovation that can transform the interiors into a modern family home.

However, the renovation economics present a challenge. The all-in cost of £689,000, which includes the purchase price and the estimated renovation range, stretches the budget compared to the implied local average value of £586,941. This leaves potential investors with a margin that is negative by 14.8%, which needs to be carefully considered against the scale of refurbishment required. Visible wear and significant refurbishment needs throughout the property signal that this will be a heavy project, demanding a thorough approach to renovations.

Key opportunities

  • The spacious layout allows for reconfiguration and modernisation to create a contemporary family home.
  • Good-sized garden offers potential for outdoor improvements and landscaping.
  • Generous room sizes provide ample scope for adding value through refurbishment.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
  • Purchase plus works may take you to around £689,000 once the asking price and an estimated £150,000 of refurbishment are combined — roughly 15% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.

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Map

Location

Shrewsbury Road, Forest Gate, London, E7
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,036
Based on a loan of £404,250 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.

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