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Millfields Road, Clapton E5 - Image 1
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Millfields Road, Clapton E5

London

£1,075,000
Listed on 09/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom Victorian terrace offers a promising opportunity for renovation and investment in a sought-after area of Lower Clapton. The property boasts original period features such as wooden flooring, a charming bay window, intricate cornicing, and traditional sash windows, all of which add character. There is significant potential to enhance the property's value by considering loft extension possibilities, subject to obtaining the necessary planning permissions. With a south-east facing garden and a cellar providing additional storage options, this home has ample space for creative improvements. Located just half a mile from natural green spaces like Millfields Park and Hackney Downs, it offers an active lifestyle with easy access to local independent shops, cafés, and vibrant markets on Chatsworth Road and Lower Clapton Road. Excellent transport links are available with Clapton and Homerton Overground stations under one mile away, along with numerous bus routes enhancing accessibility to central London. This freehold property falls within the catchment area for several outstanding schools, making it ideal for families looking to invest in a developing community.

Investment Analysis

(E5 area)
Area Average
£739/sq ft
Avg Rent (weekly)
£499
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +12.0% over the last 12 months
3 year growth: +14.5%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on E5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Millfields Road, Clapton E5
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,877
Based on a loan of £806,250 over 30 years at 4.06% 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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