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Elderfield Road, Homerton, London E5 - Image 1
Elderfield Road, Homerton, London E5 - Image 2
Elderfield Road, Homerton, London E5 - Image 3

Elderfield Road, Homerton, London E5

London

£1,125,000
Listed on 12/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1475 sqft

Description

This Victorian home offers a canvas of 1,482 sq ft filled with original character and substantial renovation potential. The property features classic elements such as sash windows with bespoke working shutters and period fireplaces, combined with wooden flooring that adds warmth to the space. Inside, the layout includes an inviting reception hall leading to two versatile basement rooms that can be transformed into additional living spaces or rental units. The two reception rooms are both charming and adaptable, providing ample room for entertaining or relaxation. At the heart of the home is a well-designed kitchen and living space that opens up with double doors to a secluded garden, perfect for outdoor dining or enjoying a quiet moment. The three generously sized double bedrooms offer comfortable living quarters, while the newly fitted bathroom adds a modern touch. Located in proximity to Chatsworth Road and Millfield's Park, this property benefits from a vibrant community atmosphere along with several convenient transport links including Clapton, Homerton, and Hackney Central overground stations. Given its revitalizing potential in an increasingly desirable neighborhood, this home represents an excellent investment opportunity for those looking to enhance its charm while capitalizing on its historical appeal.

Investment Analysis

(E5 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£763/sq ft
Area Average
£746/sq ft
Avg Rent (weekly)
£481
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£112,500 - £281,250
10-25% of property value
Target Value
£1,210,304
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Monthly Sales
25
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (E5)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 4.6%
5 year growth: 0.4%
Investment Disclaimer: Analysis based on E5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Elderfield Road, Homerton, London E5
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