152 Drew Road, London, E16 2DG

This three-bedroom ground-floor maisonette on Drew Road offers a fantastic opportunity for those looking to invest in a project. With an asking price of £205,000, it stands at just £274 per square foot, significantly below the local average of £594 per square foot. This represents a remarkable chance to acquire a property at a bargain price, which can be transformed into a comfortable family home or an attractive investment.

While the interiors are dated and show visible wear throughout, this presents a blank canvas for new owners to modernise and personalise the space to their liking. The well-proportioned layout includes three spacious bedrooms and a sizable lounge diner, allowing for flexible living arrangements. The property also features a private garden and allocated parking, adding to its appeal. However, potential buyers should be prepared for a substantial renovation project, with a budget of £40,000 to £80,000 needed to bring it up to modern standards. While the property has great potential, the extensive works required mean this is not a simple refresh but a full-gut programme.

Overall, this maisonette holds strong potential for buyers willing to put in the effort to improve it, making it an excellent opportunity to add value in a desirable East London location.