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Caldecott Way, Hackney E5

London

£640,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1145 sqft

Description

This three-bedroom ex-local authority home spans three floors and offers substantial living space, making it an excellent candidate for those looking to invest in a property with significant renovation potential. The ground floor features a spacious kitchen/dining area that leads directly to a private garden, alongside a sizeable utility/storage space and a separate WC. The first floor includes a bright reception room and one of the well-sized double bedrooms, while the top floor is home to two additional double bedrooms and a family bathroom. Although the property requires comprehensive modernisation throughout, it provides an exciting blank canvas for buyers aiming to craft their ideal living environment. With no onward chain, this residence is perfectly positioned to become a long-term family home or a smart investment in a sought-after Hackney area. Nearby, you’ll find Millfields Park and beautiful riverside walks along the River Lea, as well as vibrant Chatsworth Road featuring independent shops and eateries. Transport links via Homerton and Clapton stations further enhance accessibility to Hackney, Stratford, and central London, while the presence of well-regarded schools adds to its appeal for families.

Investment Analysis

(E5 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£559/sq ft
Area Average
£750/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£944,688
10% above area average per sq ft
Potential ROI
+29.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E5)

Area prices are rising by +13.0% over the last 12 months
3 year growth: +11.0%
5 year growth: +5.1%
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

Caldecott Way, Hackney E5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,418
Based on a loan of £480,000 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.

Stamp Duty Calculator

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