Summary - 128a Katherine Road E6 1ER
3 bed 1 bath Flat
Cash-only purchase with strong refurbishment upside near transport and schools.
- Cash buyers only; not mortgageable with current lease length
- Approximately 56 years remaining on the lease
- Significant refurbishment and value-add potential
- Large gross internal area: about 1,004 sq ft
- Double glazing and mains gas central heating installed
- Shared garden access; no service charges
- Strong transport links and nearby schools
- Local area: high crime and higher deprivation levels
This three-bedroom maisonette on Katherine Road is offered to cash buyers and presents clear value-add potential for investors or buyers able to purchase without a mortgage. The property spans about 1,004 sq ft over two floors, with a large reception room, three good-sized bedrooms and a practical kitchen and bathroom. Double glazing and gas central heating are already fitted.
A major practical drawback is the short remaining lease (approximately 56 years). Many mortgage lenders will refuse to lend on this property, so it is only suitable for cash purchasers or buyers prepared to arrange specialist lending. The area shows high crime and relative deprivation, which prospective buyers should factor into rental projections or resale plans.
The maisonette benefits from shared garden access, no service charges, and strong local transport links (East Ham and Upton Park nearby). There are reputable local schools and plenty of shops, cafés and green spaces within easy reach, supporting rental demand and longer-term capital growth after refurbishment.
Internally the layout is straightforward: reception, kitchen, bathroom and one bedroom on the first floor, with two further bedrooms above and eaves storage. The building is a converted Victorian mid-terrace (c.1900–1929) with solid brick walls; insulation may be limited. The property requires modernisation in places, which is where the value-add lies — budget for cosmetic upgrades and potential remedial works when assessing total costs.
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