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Rectory Square, Stepney Green E1

London

£700,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Detached house
Area
975 sqft

Description

This three-bedroom freehold house offers an excellent opportunity for renovation in a quiet and friendly area of Stepney Green. Spanning approximately 975 square feet across two levels, the property features a private south-west facing garden that presents potential for landscaping or outdoor enhancements. The functional layout includes a spacious kitchen/diner at the front, ideal for modern updates, alongside a cozy reception room with ample natural light from a large rear window. The ground floor also comprises a separate WC, adding convenience to the living space. Upstairs, you'll find three bedrooms, two generously sized and one suitable as a nursery or home office, alongside a family bathroom awaiting updates. Neutral decor throughout provides a blank canvas for personal touches and improvements. With Stepney Green station within walking distance and local amenities like Mile End Park nearby, the location combines tranquility with accessibility—a great blend for potential rental income or family living. This property is chain-free, making it easier to plan renovations without delays.

Investment Analysis

(E1 area)

Below Market Value

This property is priced -11.5% below area average per sq ft

-11.5%
Potential saving
This Property
£718/sq ft
Area Average
£812/sq ft
Avg Rent (weekly)
£627
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£870,495
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (E1)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -8.3%
5 year growth: +0.4%
Investment Disclaimer: Analysis based on E1 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

Rectory Square, Stepney Green E1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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