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Cranmer Road, London

London

£750,000

Listed on 06/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1448 sqft

Description

This substantial three-bedroom period home on Cranmer Road in Forest Gate offers generous and versatile accommodation, making it an ideal project for those looking to modernise and personalise their living space. The property features three separate reception rooms, providing excellent flexibility for family living, dining, or working from home. Additionally, it includes a ground-floor WC and a basement, which adds valuable extra space and storage potential. While the property is in need of modernisation, this presents an exciting opportunity for buyers to create a contemporary family home while retaining its character and generous proportions. The location is exceptionally well-situated for local amenities, schools, and transport links. Godwin Junior School is nearby, with other educational institutions such as Woodgrange Infant School and Forest Gate Community School within easy reach. Commuters will appreciate the proximity to Wanstead Park Station and Forest Gate Station, both providing convenient access to central London. The surrounding area offers a range of everyday amenities, including shops, cafés, and restaurants, making this property a promising investment for those seeking a home with significant scope for improvement in a well-connected East London location.

WHOTS analysis

Our WHOTS verdict

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

56out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This three-bedroom period home on Cranmer Road presents a solid opportunity for buyers looking to undertake a project. With generous living space and three separate reception rooms, there’s considerable potential to modernise and create a contemporary family home while retaining its character. The property does show visible signs of wear, particularly in the dated kitchen and bedrooms, and the garden could benefit from some improvement. However, the overall structure appears sound, providing a good foundation for refurbishment.

While the asking price of £750,000 is slightly below the local average at £518/sqf compared to £537/sqf, the all-in costs, including renovations, are tight against local benchmarks. This means that while there’s room for value creation, careful financial planning will be essential for potential buyers. The location offers excellent transport links and is close to local amenities, enhancing its appeal as a family home or investment opportunity.

Key opportunities

  • Generous living space with three reception rooms allows for flexible use and potential character retention during refurbishment.
  • The basement provides valuable additional space for storage or conversion.
  • Proximity to excellent transport links and local schools enhances the property's appeal.

Key risks

  • Visible signs of wear throughout the property may indicate the need for a more extensive refurbishment.
  • Renovation costs are estimated to range between £40,000 and £120,000, which could strain budgets against local market values.

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Map

Location

Cranmer Road, London
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 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.

Tax

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