2 Bed Flat, Single Let, London, E16 1GX, £425,000





ValuationFair Value
Sold Prices | £160K - £1.1M |
Sold Prices/m² | £3.8K/m² - £7.5K/m² |
| |
Square Metres | ~79.30 m² |
Price/m² | £5.4K/m² |
Value Estimate | £423,563£423,563 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £106,250£106,250 |
Stamp Duty & Legal Fees | £22,700£22,700 |
Total Cash In | £128,950£128,950 |
| |
Cash Out | |
Rent Range | £1,842 - £6,900£1,842 - £6,900 |
Rent Estimate | £1,884 |
Running Costs/mo | £1,725£1,725 |
Cashflow/mo | £159£159 |
Cashflow/yr | £1,909£1,909 |
ROI | 1%1% |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £160K to £1.1M, average is £325.9K. £3.8K/m² to £7.5K/m², average is £5.4K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£300K | 01/21 | 0.16 mi | 51, Thorne Close, London, Greater London E16 1LP | £4,688 | 64 | 2 | Flat | |
£300K | 01/21 | 0.16 mi | 51, Thorne Close, London, Greater London E16 1LP | £4,688 | 64 | 2 | Flat | |
£366.5K | 04/21 | 0.19 mi | 22, Bray Drive, London, Greater London E16 1LD | £6,664 | 55 | 2 | Flat | |
£287K | 06/21 | 0.59 mi | 111, Cambus Road, London, Greater London E16 4AX | £5,740 | 50 | 2 | Flat | |
£300K | 03/23 | 0.62 mi | 42, Luton Road, London, Greater London E13 8HD | £3,750 | 80 | 2 | Flat | |
£336.7K | 03/21 | 0.62 mi | 32, Luton Road, London, Greater London E13 8HD | £4,430 | 76 | 2 | Flat | |
£297.5K | 10/22 | 0.62 mi | 22, Luton Road, London, Greater London E13 8HD | £6,071 | 49 | 2 | Flat | |
£332K | 09/21 | 0.63 mi | Flat 7, Manchester Court, Garvary Road, London, Greater London E16 3GZ | - | - | 2 | Flat | |
£260K | 07/22 | 0.65 mi | 3, King Street, London, Greater London E13 8DB | £5,417 | 48 | 2 | Flat | |
£400K | 08/22 | 0.7 mi | 65a, New Barn Street, London, Greater London E13 8JY | £4,762 | 84 | 2 | Flat | |
£275K | 10/20 | 0.76 mi | 55, Holborn Road, London, Greater London E13 8PB | £5,392 | 51 | 2 | Flat | |
£313K | 07/23 | 0.87 mi | 29, Gentry Gardens, London, Greater London E13 8BS | - | - | 2 | Flat | |
£292K | 01/21 | 0.91 mi | 1, Meredith Street, London, Greater London E13 0EG | £4,232 | 69 | 2 | Flat | |
£290K | 07/21 | 0.94 mi | 5, Grange Road, London, Greater London E13 0EE | £4,328 | 67 | 2 | Flat | |
£330K | 02/21 | 0.95 mi | 474b, Barking Road, Plaistow, London, Greater London E13 8QB | - | - | 2 | Flat | |
£336.5K | 12/22 | 1.01 mi | 49, Tollgate Road, London, Greater London E16 3LB | £5,341 | 63 | 2 | Flat | |
£300K | 06/21 | 1.04 mi | 11, Lacewing Close, London, Greater London E13 8AD | - | - | 2 | Flat | |
£320K | 03/23 | 1.04 mi | 30, Lacewing Close, London, Greater London E13 8AD | £4,324 | 74 | 2 | Flat | |
£1.1M | 03/21 | 1.07 mi | 47, Starboard Way, London, Greater London E16 2NZ | £4,508 | 244 | 2 | Flat | |
£564K | 02/21 | 1.1 mi | 110, Barrier Point Road, London, Greater London E16 2SD | £7,139 | 79 | 2 | Flat | |
£290K | 02/21 | 1.12 mi | Flat 3, Darwin Court, Balaam Street, London, Greater London E13 8RB | - | - | 2 | Flat | |
£320K | 10/20 | 1.13 mi | 28, Memorial Avenue, London, Greater London E15 3BT | £5,079 | 63 | 2 | Flat | |
£540K | 04/21 | 1.13 mi | 182, Barrier Point Road, London, Greater London E16 2SE | £6,923 | 78 | 2 | Flat | |
£540K | 06/21 | 1.14 mi | 143, Barrier Point Road, Silvertown, London, Greater London E16 2SE | £6,067 | 89 | 2 | Flat | |
£425.1K | 06/21 | 1.14 mi | 171, Barrier Point Road, London, Greater London E16 2SE | £6,114 | 70 | 2 | Flat | |
£302.5K | 11/20 | 1.15 mi | 21, Holland Road, West Ham, London, Greater London E15 3BP | £5,216 | 58 | 2 | Flat | |
£310K | 11/20 | 1.15 mi | 47, Durban Road, London, Greater London E15 3BW | £4,471 | 69 | 2 | Flat | |
£437.5K | 01/24 | 1.16 mi | Flat 220, Maurer Court, John Harrison Way, London, Greater London SE10 0SW | - | - | 2 | Flat | |
£492.5K | 01/21 | 1.18 mi | 197, Barrier Point Road, London, Greater London E16 2SF | £4,964 | 99 | 2 | Flat | |
£340K | 04/21 | 1.19 mi | 76, Salmen Road, London, Greater London E13 0DT | £5,862 | 58 | 2 | Flat | |
£514K | 09/23 | 1.2 mi | Flat 103, Alamaro Lodge, Renaissance Walk, London, Greater London SE10 0QU | - | - | 2 | Flat | |
£365K | 11/21 | 1.24 mi | 1, Landon Walk, London, Greater London E14 0BH | £4,932 | 74 | 2 | Flat | |
£325K | 12/20 | 1.25 mi | Flat 34, Storey House, Cottage Street, London, Greater London E14 0HE | - | - | 2 | Flat | |
£295K | 06/23 | 1.27 mi | 80, Kerbey Street, London, Greater London E14 6AW | - | - | 2 | Flat | |
£290K | 06/21 | 1.28 mi | 6, Perth Road, Plaistow, London, Greater London E13 9DS | - | - | 2 | Flat | |
£315K | 01/23 | 1.28 mi | 7, Agate Close, London, Greater London E16 3TU | £7,500 | 42 | 2 | Flat | |
£375K | 06/21 | 1.29 mi | 32, Wards Wharf Approach, London, Greater London E16 2EY | £5,952 | 63 | 2 | Flat | |
£570K | 08/23 | 1.31 mi | Flat 28, Farnsworth Court, West Parkside, London, Greater London SE10 0QF | - | - | 2 | Flat | |
£292K | 05/21 | 1.34 mi | 10, Greencroft Close, London, Greater London E6 5SY | £5,148 | 57 | 2 | Flat | |
£280K | 01/23 | 1.34 mi | 9, Greencroft Close, London, Greater London E6 5SY | £5,833 | 48 | 2 | Flat | |
£436K | 06/23 | 1.35 mi | Flat 73, Farnsworth Court, West Parkside, London, Greater London SE10 0RU | - | - | 2 | Flat | |
£326.8K | 10/22 | 1.37 mi | 6, Robin Crescent, London, Greater London E6 5XA | £4,105 | 80 | 2 | Flat | |
£160K | 12/20 | 1.38 mi | Flat 66, Kilby Court, Southern Way, London, Greater London SE10 0PR | - | - | 2 | Flat | |
£620K | 02/23 | 1.41 mi | 37, Meridian Place, London, Greater London E14 9FE | £5,688 | 109 | 2 | Flat | |
£475K | 06/21 | 1.41 mi | 2, Meridian Place, London, Greater London E14 9FE | - | - | 2 | Flat | |
£500K | 06/21 | 1.41 mi | 22, Meridian Place, London, Greater London E14 9FE | £6,579 | 76 | 2 | Flat | |
£235K | 05/21 | 1.41 mi | Flat 37, Willett House, Queens Road West, Plaistow, London, Greater London E13 0RX | - | - | 2 | Flat | |
£360K | 07/22 | 1.42 mi | 15, Fothergill Close, London, Greater London E13 0LJ | £6,000 | 60 | 2 | Flat | |
£193K | 03/23 | 1.43 mi | Flat 28, Kelson House, Stewart Street, London, Greater London E14 3JQ | - | - | 2 | Flat | |
£375K | 08/21 | 1.47 mi | 14, Locksons Close, London, Greater London E14 6BH | £6,466 | 58 | 2 | Flat |
Local Rents
51 rents from £1.8K/mo to £6.9K/mo, average is £2.2K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£2,100 | 05/24 | 0.02 mi | - | 2 | Flat | |
£2,100 | 05/24 | 0.02 mi | - | 2 | Flat | |
£2,100 | 05/24 | 0.02 mi | Quayside House, London, E16 | 2 | Flat | |
£2,200 | 05/24 | 0.04 mi | - | 2 | Flat | |
£2,250 | 03/24 | 0.07 mi | Jude Street, London, E16 | 2 | Flat | |
£1,895 | 03/24 | 0.07 mi | Jupiter House, 2 Turner Street, London | 2 | Flat | |
£2,175 | 04/24 | 0.07 mi | Jude Street, Canning Town, E16 1FG | 2 | Flat | |
£2,250 | 04/24 | 0.07 mi | Mercury House, London, E16 | 2 | Flat | |
£1,900 | 03/24 | 0.07 mi | - | 2 | Flat | |
£2,150 | 05/24 | 0.07 mi | - | 2 | Flat | |
£2,200 | 04/24 | 0.08 mi | - | 2 | Flat | |
£1,999 | 01/25 | 0.08 mi | - | 2 | Flat | |
£2,150 | 03/24 | 0.08 mi | 506 Mercury House ,2 Jude Street, canning town, E16 | 2 | Flat | |
£2,150 | 01/25 | 0.08 mi | - | 2 | Flat | |
£2,100 | 03/24 | 0.08 mi | Jude Street, London, E16 | 2 | Flat | |
£2,275 | 03/25 | 0.08 mi | - | 2 | Flat | |
£3,100 | 03/25 | 0.08 mi | - | 2 | Flat | |
£2,000 | 04/24 | 0.08 mi | Mercury House, 2 Jude Street, London, E16 | 2 | Flat | |
£2,000 | 05/24 | 0.08 mi | Mercury House, 2 Jude Street, London, E16 | 2 | Flat | |
£2,100 | 04/24 | 0.09 mi | Mercury House 2 Jude Street E16 | 2 | Flat | |
£2,175 | 03/24 | 0.09 mi | - | 2 | Flat | |
£1,842 | 05/24 | 0.09 mi | Mercury House, Canning Town, London, E16 | 2 | Flat | |
£2,700 | 04/24 | 0.1 mi | Emily Street, London, E16 | 2 | Flat | |
£2,200 | 02/24 | 0.11 mi | - | 2 | Terraced House | |
£6,900 | 03/24 | 0.11 mi | Shirley Street, London, E16 | 2 | Flat | |
£2,350 | 02/25 | 0.12 mi | - | 2 | Flat | |
£2,350 | 03/24 | 0.12 mi | Centurion Tower, 5 Caxton Street North, Canning Town, London, E16 | 2 | Flat | |
£2,350 | 05/24 | 0.12 mi | Centurion Tower, 5 Caxton Street North, Canning Town, London, E16 | 2 | Flat | |
£2,500 | 02/25 | 0.12 mi | - | 2 | Flat | |
£2,200 | 10/23 | 0.13 mi | The Sphere, Hallsville Road, London, E16 | 2 | Flat | |
£2,167 | 03/24 | 0.13 mi | The Sphere, E16 | 2 | Flat | |
£2,450 | 02/25 | 0.13 mi | - | 2 | Flat | |
£1,950 | 05/24 | 0.13 mi | The Sphere, Canning Town, London E16 | 2 | Flat | |
£2,990 | 03/24 | 0.14 mi | Thanet Tower, Caxton Street, E16, Canning Town, London, E16 | 2 | Flat | |
£2,749 | 03/24 | 0.14 mi | Caxton Street North, London, E16 | 2 | Flat | |
£2,699 | 04/24 | 0.14 mi | Caxton Street North, London, E16 | 2 | Flat | |
£2,649 | 05/24 | 0.14 mi | Caxton Street North, London, E16 | 2 | Flat | |
£2,500 | 05/24 | 0.14 mi | Caxton Street North, Canary Wharf, E16 | 2 | Flat | |
£2,699 | 05/24 | 0.14 mi | - | 2 | Flat | |
£2,649 | 05/24 | 0.14 mi | - | 2 | Flat | |
£2,100 | 05/24 | 0.14 mi | 1 Hallsville Road, Canning Town, London, E16 | 2 | Flat | |
£2,199 | 03/25 | 0.14 mi | - | 2 | Terraced House | |
£2,000 | 12/24 | 0.14 mi | - | 2 | Flat | |
£2,300 | 10/23 | 0.14 mi | Effra Gardens, Canning Town, E16 | 2 | Flat | |
£2,000 | 01/25 | 0.14 mi | - | 2 | Flat | |
£2,200 | 03/25 | 0.15 mi | - | 2 | Flat | |
£2,150 | 04/24 | 0.15 mi | The Sphere, Hallsville Road, Canning Town, London, E16 | 2 | Flat | |
£2,150 | 04/24 | 0.15 mi | The Sphere, Canning Town, London, E16 | 2 | Flat | |
£2,600 | 05/24 | 0.15 mi | Peto Street North, London, E16 | 2 | Flat | |
£2,495 | 05/24 | 0.15 mi | Peto Street North, London, E16 | 2 | Flat | |
£2,000 | 05/24 | 0.16 mi | Rogers Road, Canning Town, Newham, London, E16 | 2 | Flat |
Local Area Statistics
Population in E16 | 44,88044,880 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 5.27 miles away5.27 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.28 miles away0.28 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -4%-4% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | -3%-3% |
Property History
Price changed to £425,000
November 28, 2024
Listed for £450,000
October 24, 2023
Floor Plans

Description
- Two Bedroom Third Floor Modern Build Apartment +
- 800 Square Feet Approx Of Accommodation +
- Kier Hardie Park Directly Opposite +
- Large Private Balcony With Park Views +
- Easy Access To Elizabeth Line, DLR & Bus Links +
- Modern Stylishly Presented Interior +
- Secured Resident's Car Park +
- Generous Built-In Storage Capacity +
- Convenient For Excel London And O2 +
The Property
Visit PURPLEBRICKSCO.UK anytime 24/7 to make arrangements to view!
Purplebricks take pleasure in being chosen to exclusively offer to the market this outstanding two double bedroom third floor modern-build apartment.
Boasting approximately 800 square feet of accommodation, the property comes superbly appointed with a range of high-grade fixtures and fittings together with a sleek contemporary finish throughout.
The flat provides a bright, airy and uplifting feel throughout and offers a well-proportioned open plan living area - creating the ideal social space for entertaining in. The apartment also features a large south-facing private balcony with direct access via the living area and views over through the tree canopies and over the greenery of the Kier Hardie Park opposite- perfect for al-fresco dining, entertaining guests or for simply unwinding and whiling away the hours on a sunny day!
Further benefits include secured entry via intercom function, lift access, a well above-average size second bedroom, generous built-in storage capacity and a secured private resident's car park on-site.
Location
Quayside House, Tarling Road, E16 is a popular tree-lined residential street located in one of London’s most exciting and up-and-coming postcodes districts!
The property is perfectly situated providing convenient access to a number of London’s world class leisure facilities and transport links! The ExCeL London is less than a mile and London City Airport stands just around 2 miles away. The Emirates Air Line (cable cars) is situated within a virtual stone's throw and the globally renowned O2 Arena can be reached in around 7 minutes by car and approximately 15 minutes using public transport.
There is also easy access to the Queen Elizabeth Olympic Park and Westfield, Stratford. Enjoy having a number of green open spaces close by with the Keir Hardy Park literally moments away - perfect for recreational activities, picnicking with friends and family, dog walking or for simply lazily whiling away the hours on a sunny day! The King George V and Beckton District Park are also within walking range.
For the convenience of commuters, both Canning Town Tube/DLR and Royal Victoria DLR stations are situated around a 5-10 minute walk away and the new Elizabeth line at Custom House is a 10-15 minute walk.
Property ownership information
Ground rent review period: No review period
Service charge review period: Every 1 year
Lease end date: 29/09/2114
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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