2-bedroom terraced house · E6 3NG
For saleReduced £25k (−5.9%) on 8 SepListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Period Two-Bedroom Single-Bayed Terrace House | Mitcham Road, East Ham, E6 Guide Price: £425,000 A fantastic opportunity for first-time buyers and investors alike, this well-proportioned two-bedroom single-bayed mid terrace house is situated on Mitcham Road, East Ham, E6.
The ground floor offers a welcoming entrance hall leading to two separate reception rooms, which could easily be opened up to create a spacious through lounge, subject to any necessary consents.
To the rear is a well-proportioned fitted kitchen, together with a convenient ground floor bathroom.
The property further benefits from a useful utility space, providing additional practical storage and workspace, with access leading directly onto the private, low-maintenance paved rear garden-ideal for outdoor seating and entertaining.
On the first floor are two well-proportioned bedrooms, offering comfortable accommodation for a small family, first-time buyer or tenant.
The property also benefits from a loft room/space, providing valuable additional storage or potential further use, subject to the necessary permissions and regulations.
With its flexible layout, generous living accommodation and potential for improvement, this property presents an excellent opportunity for both residential buyers looking to put their own stamp on a home and investors seeking a property with strong potential.
Mitcham Road is ideally situated within walking distance of the popular green spaces of Central Park, as well as a variety of local shops, cafes, restaurants, and amenities.
The property is within the catchment area for Brampton Primary School, rated 'Outstanding' by Ofsted, making it an excellent choice for families.
Transport links are excellent, with East Ham, Upton Park, and Beckton stations all easily accessible.
Local bus routes also provide convenient connections to surrounding areas, including Stratford’s Westfield Shopping Centre and Queen Elizabeth Olympic Park.
Offered to the market chain free, this home is an excellent opportunity for first-time buyers and families alike.
"Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead."
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 149, Mitcham Road, London
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