4-bedroom terraced house · E8 3BJ
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A handsome four bedroom Victorian end of terrace house offering just over 2,000 sq ft, with a west-facing garden, on one of London Fields' most sought-after residential roads.
The house itself has excellent curb appeal, with considerable investment made to the exterior approximately five years ago.
Works included a new roof, new sash windows and railings, alongside improvements to the front of the property, creating the handsome façade seen today.
Internally, the house extends to approximately 2,006 sq ft including the basement and has already benefited from both a substantial rear extension and loft conversion.
This means much of the costly structural work associated with creating a house of this size has already been undertaken, while still leaving the next owner plenty of opportunity to personalise the interiors to their own taste.
The ground floor provides a bay-fronted double-through reception and dining space, opening into an impressive kitchen extending to over 21ft in length.
A side-return extension with skylights brings an abundance of natural light into the space, while doors lead directly onto a pretty, west-facing walled garden.
Upstairs, the first floor provides two double bedrooms, a third single bedroom and a family bathroom.
The converted top floor is given over to a particularly generous principal bedroom, measuring approximately 22ft in length, with an adjoining shower room.
A useful basement provides additional storage and completes the accommodation. The location is difficult to better.
Wilton Way's independent coffee shops, restaurants and local businesses are moments away, while London Fields, its Lido and Broadway Market are all close by. Victoria Park is also within easy reach.
Transport connections are excellent, with London Fields, Hackney Central, Hackney Downs, Dalston Junction and Dalston Kingsland stations all accessible, providing convenient links across London and into the City.
The Outstanding-rated Gayhurst Community School is also nearby. Offered with no onward chain. Tenure: Freehold Council Tax band: E Local Authority: Hackney
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 23, Elrington Road, London
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