St. Mary's Road, Leyton
London
£650,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1083 sqftFeatures
- Garden
Description
This chain-free, three-bedroom Victorian mid-terrace has a traditional layout with a front reception room, separate dining room and rear kitchen with access to the garden. A ground-floor WC and cellar add practical space, while period details include high ceilings, decorative cornicing and ceiling roses. The property is freehold and measures approximately 1,083 sq ft.
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 Leyton terrace has a strong characterful canvas: high ceilings, cornicing, ceiling roses, fireplaces, a bay-fronted reception and a separate dining room give the project plenty to build on. The photographed interiors show wear and dated finishes across several rooms, with ceiling cracking or peeling to investigate, while the overgrown rear garden offers scope to create a more usable outdoor space. The visible front elevation and tiled roof appear broadly intact. At £600/sq ft, the £650,000 asking price is just below the local average, which supports the case for a project buyer; however, purchase plus the £60,000–£95,000 renovation range looks tight against local value benchmarks. Rear extension or loft-conversion ideas are mentioned, subject to permissions and feasibility.
Key opportunities
- Restore the Victorian cornicing, ceiling roses, fireplaces and high ceilings to give the bay-fronted reception and separate dining room renewed character.
- Rework the dated kitchen and bathroom finishes and refresh floors and decoration to create a more cohesive family home.
- Clear and redesign the overgrown rear garden; the listing also mentions possible rear extension or loft-conversion options, subject to permissions and feasibility.
Key risks
- Worn finishes across several rooms, visible ceiling cracking or peeling and a neglected garden make this a substantial, multi-area programme rather than a cosmetic refresh; plan the £60,000–£95,000 works budget and programme accordingly.
- Purchase plus the renovation midpoint looks tight against local value benchmarks, so the project’s eventual value needs to justify the spend.
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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
£2,456
Based on a loan of £487,500 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.
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