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Eastway E9

London

£650,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1000 sqft

Description

This mid-terrace home presents a two-bedroom layout across three floors, offering both space and potential. With two sizable double bedrooms and a bright reception area, the property is well-suited for comfortable living. One of the standout features is the large basement with full head height, which not only provides ample storage but also opens up possibilities for conversion into additional living space, subject to planning permissions. The property sits in a desirable location in Hackney, close to Mabley Green and the vibrant social scene of Hackney Wick, known for its eclectic mix of independent cafés and creative venues. For commuters, Hackney Wick Station is conveniently nearby, providing swift access to central London and beyond. While the home is currently in good condition, it offers an excellent opportunity for renovation and modernization. Buyers can tailor the space to their taste while also taking advantage of the potential for loft extensions that many neighboring properties have pursued. This flexibility makes it an appealing prospect for those looking to invest in a long-term residence or project. A private garden at the back adds an element of tranquility—ideal for relaxation or outdoor gatherings. Additionally, this property is available on a chain-free basis, simplifying the purchasing process. With its combination of location benefits and investment potential, this home stands out as a compelling option in one of East London's most dynamic areas.

Investment Analysis

(E9 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£650/sq ft
Area Average
£746/sq ft
Avg Rent (weekly)
£556
Avg Yield
5.4%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£820,600
10% above area average per sq ft
Potential ROI
+1.0%
After renovation
Monthly Sales
10
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (E9)

Area prices are falling by +4.2% over the last 12 months
3 year growth: -5.1%
5 year growth: 8.5%
Investment Disclaimer: Analysis based on E9 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

Eastway E9
Map showing location of Eastway E9
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