Summary - 12 NEW ROAD LONDON E1 2AX
4 bed 1 bath Terraced
**Standout Features:**
- Freehold terraced property with four storeys and a basement
- Total area: 1,606 square feet
- Converts to three-bedroom flat above and one-bedroom flat below
- Charming Victorian and Georgian architecture
- Includes a small front yard and a rear garden
- Located in a bustling East London area near award-winning restaurants
- Auction sale with a starting price of £915,000
**Positive Aspects:**
This versatile and spacious freehold terraced house presents a rare opportunity for investors and families alike. Boasting four storeys and a well-thought-out layout, the property has been previously utilized as holiday lets, allowing for potential rental income. The spacious layout includes a three-bedroom flat on the upper levels plus a self-contained one-bedroom flat in the basement—ideal for multi-generational living or an attractive rental option. Featuring charming Victorian and Georgian brickwork and a small garden for outdoor enjoyment, this property invites you to explore its unique character while being situated in a vibrant, cosmopolitan neighborhood rich in amenities.
**Potential Concerns:**
While this property does provide considerable value, prospective buyers should be aware of its condition—built before 1900, there may be maintenance and renovation needs, including the absence of insulation in solid brick walls. The property also carried a repossession notice, which warrants a careful assessment of its financial and structural condition. The environment reflects high crime rates and an area designation of deprivation, which potential purchasers may want to consider.
**Final Note:**
With a freehold title and the flexibility to convert or renovate as desired, this property is not just a home; it’s an investment in potential. Properties in this sought-after area of East London, especially ones with dual living options, are in demand and may not last long on the market. Mark your calendar for the auction on 11th September and seize the chance to make this unique property your own!
3 bedroom flat for sale in Flat 4 Lister House, Lomas Street, Whitechapel, London, E1 5BG, E1 — £250,000 • 3 bed • 1 bath • 716 ft²
3 bedroom terraced house for sale in Haig Road East, London, E13 — £330,000 • 3 bed • 1 bath • 829 ft²
1 bedroom flat for sale in Tarling Street, Shadwell, E1 — £210,000 • 1 bed • 1 bath • 538 ft²
1 bedroom apartment for sale in Flat 3, 699 Commercial Road, London, Tower Hamlets, E14 7LA, E14 — £220,000 • 1 bed • 1 bath • 302 ft²
4 bedroom flat for sale in Stroudley Walk, LONDON, London, E3 — £350,000 • 4 bed • 1 bath • 1037 ft²
Residential development for sale in 11 & 13 New Road, London, E1 1HE, E1 — £2,850,000 • 8 bed • 8 bath • 3563 ft²
