6 bed terraced house for sale

Buckingham Road, Stratford E15

Description

Guide price £625,000 to £675,000

This substantial 6-bedroom end-of-terrace house is situated on Buckingham Road in the heart of Stratford, E15. Spanning approximately 1,475 sq ft (137 sq m) over three floors, it offers significant potential for both residential reconfiguration and buy-to-let investment. The property is currently achieving a rental income of £4,500 per calendar month, equating to an annual yield of 8.3%-a compelling proposition for investors.

Ground Floor Layout
Front Reception Room: Currently utilized as a bedroom, this space offers versatility for various uses.

Rear Reception Room: Also serving as a bedroom, providing additional living space.

Open-Plan Kitchen/Diner: A spacious area featuring integrated appliances, ideal for family gatherings and entertaining.

Bathroom: Equipped with essential fixtures.

Shower Room: Provides additional facilities for convenience.

Note: The ground floor has been extended, offering a generous layout. While the property is in need of cosmetic modernization, the existing extension adds significant value.

First Floor Layout
Bedroom 1: The largest of the six bedrooms, offering versatile usage options.

Bedroom 2: Another double bedroom, offering comfortable living space.

Bedroom 3: A well-proportioned room suitable for various uses.

Shower Room: Features essential facilities to serve the first-floor bedrooms.

Second Floor Layout
Bedroom 4: A spacious room with potential for customization.

Bedroom 5: Another generously sized bedroom.

Bedroom 6: Large double bedroom facing the front of the property with eaves storage

Additional Storage: The second floor includes ample eaves storage, providing practical solutions for belongings.

Condition & Modernization Potential
The property, while fully extended, requires cosmetic modernization throughout. This presents an excellent opportunity for buyers to personalize the space to their preferences. The existing layout and extension provide a solid foundation for creating a contemporary family home or optimizing for rental purposes.

Investment Highlights
Current Rent: £4,500 pcm

Annual Yield: Approximately 8.3%

Area Growth: Stratford has experienced significant regeneration, enhancing its appeal for both residential and rental markets.

Transport Links: Proximity to Maryland and Forest Gate Elizabeth Line stations, along with local bus routes, ensures excellent connectivity.

Amenities: Close to an array of cafes, bars, shops, and restaurants, providing a vibrant living environment.

Local Amenities & Education
Primary Schools:

Maryland Primary School: Approximately 0.15 miles away.

St James' CofE Junior School: Approximately 0.15 miles away.

Odessa Infant School: Approximately 0.15 miles away.

St Francis' Catholic Primary School: Approximately 0.18 miles away.

Colegrave Primary School: Approximately 0.25 miles away.

Secondary Schools:

Forest Gate Community School: Approximately 0.5 miles away.

Sarah Bonnell School: Approximately 0.5 miles away.

Azhar Academy Girls School: Approximately 0.5 miles away.

Harris Academy Chobham: Approximately 0.6 miles away.

Buxton School: Approximately 0.6 miles away.

Healthcare:

High Road Surgery: Approximately 0.4 miles away.

Stratford Health Centre: Approximately 0.5 miles away.

Lime Tree Surgery: Approximately 0.5 miles away.

First 4 Health Group - E7 Health: Approximately 0.5 miles away.

The Forest Practice: Approximately 0.5 miles away.

Supermarkets:

Sainsbury's: Approximately 0.1 miles away.

Lidl UK: Approximately 0.1 miles away.

Iceland Plc - Stratford: Approximately 0.1 miles away.

Tesco: Approximately 0.3 miles away.

Waitrose: Approximately 0.4 miles away.

Area Insights
Buckingham Road is situated in a diverse and vibrant community, characterized by a mix of housing types and a strong sense of local identity. The area benefits from ongoing regeneration, enhancing its appeal for both residents and investors. With its proximity to key transport links and amenities, 41 Buckingham Road offers a strategic location for various living arrangements.

Council Tax Band: D (lb Newham)
Tenure: Freehold