Mildenhall Road, Hackney, London, E5
London
£1,200,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1545 sqftFeatures
- Garden
Description
A three-bedroom terraced house arranged over two floors, with generous living space and period features. The property has a private rear garden and is situated in Lower Clapton, close to Millfields Park, the River Lea and the shops, cafés and Sunday market on Chatsworth Road. Clapton Station is nearby for rail connections into the City. The existing accommodation offers scope for updating, subject to inspection and any required consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
49out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a medium-scale period project with a lot to work with: multiple reception spaces, bay windows, fireplaces and decorative mouldings, plus a private rear garden. The dated finishes offer scope to refresh the kitchen and bathroom, redecorate, update flooring and tidy the garden while retaining the house’s character. Its Lower Clapton setting near Millfields Park, the River Lea and Chatsworth Road is a strong part of the appeal.
At £777/sq ft, the asking price is slightly above the local average of £755/sq ft, so price is not a particular advantage. The numbers also look tight: purchase plus the estimated refurbishment midpoint comes to £1,272,500, above the local-average benchmark of £1,166,784, before stamp duty or fees. Staining above a window and wall damage in places are worth investigating and allowing for in the project budget.
Key opportunities
- Refresh the dated kitchen and bathroom and update finishes across the photographed rooms.
- Bring out the period character of the bay windows, fireplaces and decorative mouldings across multiple reception spaces.
- Improve the usable rear garden with a tidy-up of the paving edges and established planting.
Key risks
- Staining above a window and wall damage in places need investigation and may add to the refurbishment scope.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£4,533
Based on a loan of £900,000 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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