3 Bed Flat, Single Let, London, E5 0NF £550,000

Dunlace Road, Lower Clapton, E5 0NF - 4 views - 2 years ago

Under Offer

Leasehold

BTL

~73 m²

ValuationOvervalued

Sold Prices	£222K - £1.1M
Sold Prices/m²	£3.3K/m² - £12.7K/m²

Square Metres	~73.49 m²
Price/m²	£7.5K/m²
Value Estimate	£530,761£530,761

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£46,200£46,200
Total Cash In	£183,700£183,700

Cash Out
Rent Range	£995 - £4,750£995 - £4,750
Rent Estimate	£2,144
Running Costs/mo	£2,168£2,168
Cashflow/mo	£-24£-24
Cashflow/yr	£-283£-283
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £222K to £1.1M, average is £520K. £3.3K/m² to £12.7K/m², average is £7.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£895K	08/25	0.09 mi	Flat A, 53, Median Road, Hackney, London E5 0PJ	-	-	3	Flat
£720K	03/25	0.11 mi	19a, Chatsworth Road, Hackney, London E5 0LH	£7,500	96	3	Flat
£818K	03/23	0.13 mi	First & Second Floor Flat, 54a, Glenarm Road, London, Greater London E5 0LZ	-	-	3	Flat
£290K	07/23	0.15 mi	15, Staveley Close, London, Greater London E9 6DY	£4,028	72	3	Flat
£645K	03/23	0.18 mi	11, Median Road, London, Greater London E5 0PF	£6,705	96	3	Flat
£370K	04/23	0.2 mi	20, Waterloo Close, London, Greater London E9 6EF	-	-	3	Flat
£412K	07/25	0.21 mi	Flat 351, Banister House, Homerton High Street, Hackney, London E9 6BT	-	-	3	Flat
£795K	07/25	0.21 mi	Flat B, 105, Elderfield Road, Hackney, London E5 0LE	-	-	3	Flat
£595K	05/23	0.23 mi	13, Burnett Close, London, Greater London E9 6ET	-	-	3	Flat
£457K	12/24	0.24 mi	Banister House, Flat 331, Homerton High Street, Hackney, London E9 6BT	£5,376	85	3	Flat
£845K	07/23	0.25 mi	50a, Lockhurst Street, London, Greater London E5 0AP	£11,118	76	3	Flat
£825K	01/25	0.26 mi	14 Knightswood House, Flat 2, Rowe Lane, Hackney, London E9 6EL	£12,692	65	3	Flat
£761.5K	09/21	0.3 mi	26a, Sewdley Street, London, Greater London E5 0AX	£8,188	93	3	Flat
£525K	10/21	0.31 mi	Flat 15, Northumberland Mansions, Lower Clapton Road, London, Greater London E5 0QX	-	-	3	Flat
£737K	06/21	0.31 mi	253a, Glyn Road, London, Greater London E5 0JP	-	-	3	Flat
£478.2K	09/24	0.34 mi	149, Chatsworth Road, Hackney, London E5 0LA	£3,321	144	3	Flat
£385K	03/23	0.4 mi	Flat 4, Staplehurst House, Clarence Road, London, Greater London E5 8JL	-	-	3	Flat
£420K	04/23	0.41 mi	117, Nye Bevan Estate, London, Greater London E5 0AH	-	-	3	Flat
£430K	12/22	0.43 mi	281, Dalston Lane, London, Greater London E8 1HL	£8,350	52	3	Flat
£395K	08/25	0.44 mi	29, Butfield House, Stevens Avenue, Hackney, London E9 6RS	-	-	3	Flat
£805K	03/25	0.46 mi	Flat A, 74, Cricketfield Road, Hackney, London E5 8NS	£9,938	81	3	Flat
£437K	02/23	0.48 mi	Flat 8, Perrywood House, Pembury Road, London, Greater London E5 8JG	-	-	3	Flat
£500K	08/21	0.48 mi	Flat 8, Musgrove House, Hassett Road, London, Greater London E9 5SP	-	-	3	Flat
£281.3K	05/25	0.49 mi	Flat 15, 7 Hamella House, Sadler Place, Hackney, London E9 5QQ	£3,961	71	3	Flat
£281.3K	05/25	0.49 mi	Flat 15, 7 Hamella House, Sadler Place, Hackney, London E9 5QQ	-	-	3	Flat
£880K	03/25	0.5 mi	Flat C, 18, Downs Road, Hackney, London E5 8DD	-	-	3	Flat
£390K	03/23	0.52 mi	Flat 65, Kingsmead House, Homerton Road, London, Greater London E9 5QJ	-	-	3	Flat
£490K	04/25	0.53 mi	Flat 1, Birchington House, Pembury Road, Hackney, London E5 8LD	£7,206	68	3	Flat
£476K	04/23	0.53 mi	77, Downs Road, London, Greater London E5 8DS	-	-	3	Flat
£850K	04/25	0.53 mi	Flat 75, 3, Atkins Square, Hackney, London E8 1FP	£6,391	133	3	Flat
£450K	12/22	0.54 mi	48, Ballance Road, London, Greater London E9 5SR	£6,029	75	3	Flat
£460K	01/23	0.54 mi	54, Ballance Road, London, Greater London E9 5SR	£6,133	75	3	Flat
£835K	07/25	0.55 mi	Flat A, 6, Heyworth Road, Hackney, London E5 8DR	-	-	3	Flat
£435K	05/25	0.58 mi	12, Dycer House, Wick Road, Hackney, London E9 5AS	£6,214	70	3	Flat
£435K	05/25	0.58 mi	12, Dycer House, Wick Road, Hackney, London E9 5AS	-	-	3	Flat
£495K	06/21	0.58 mi	Flat 5, Dycer House, Wick Road, London, Greater London E9 5AS	-	-	3	Flat
£355K	03/25	0.59 mi	14, Edred House, Homerton Road, Hackney, London E9 5PN	£5,820	61	3	Flat
£222K	01/23	0.59 mi	Flat 84, Granard House, Bradstock Road, London, Greater London E9 5BW	-	-	3	Flat
£1.1M	06/23	0.61 mi	13a, Poole Road, London, Greater London E9 7AE	£12,440	84	3	Flat
£600K	08/25	0.62 mi	Flat 16, Devonshire Hall, Frampton Park Road, Hackney, London E9 6QB	-	-	3	Flat
£625K	08/25	0.63 mi	82, Mabley Street, Hackney, London E9 5RL	-	-	3	Flat
£560K	06/25	0.7 mi	Flat 44, Cottrill Gardens, Marcon Place, Hackney, London E8 1NY	£8,000	70	3	Flat
£560K	06/25	0.7 mi	Flat 44, Cottrill Gardens, Marcon Place, Hackney, London E8 1NY	-	-	3	Flat
£775K	05/23	0.72 mi	Flat C, 171, Graham Road, London, Greater London E8 1PD	£9,568	81	3	Flat
£423K	06/21	0.79 mi	Flat 37, Eastdown House, Amhurst Road, London, Greater London E8 2AT	-	-	3	Flat
£735K	08/24	0.81 mi	1a, Ickburgh Road, London, Greater London E5 8AF	£9,304	79	3	Flat
£655K	05/25	0.82 mi	27, Banbury Road, Hackney, London E9 7DU	£8,851	74	3	Flat
£655K	05/25	0.82 mi	27, Banbury Road, Hackney, London E9 7DU	-	-	3	Flat
£875K	06/21	0.85 mi	15a, Cadogan Terrace, London, Greater London E9 5EG	-	-	3	Flat
£515K	01/25	0.85 mi	168d, Evering Road, Hackney, London E5 8AH	£6,867	75	3	Flat

Local Rents

50 rents from £995/mo to £4.8K/mo, average is £2.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,550	11/25	0.03 mi	-	3	Flat
£3,500	11/25	0.03 mi	Dunlace Road, London, E5	3	Flat
£2,700	09/25	0.05 mi	Glenarm Road, Hackney, E5 0LZ	3	Flat
£2,700	10/25	0.05 mi	Glenarm Road, Hackney, E5 0LZ	3	Flat
£2,750	03/25	0.05 mi	-	3	Flat
£4,250	07/25	0.07 mi	Dunlace Road, London	3	Terraced House
£2,900	07/25	0.07 mi	Clifden Road, Lower Clapton, E5	3	Semi-Detached House
£2,900	06/25	0.08 mi	-	3	Terraced House
£4,000	03/24	0.09 mi	Glenarm Road, Clapton, Hackney, London, E5	3	Terraced House
£4,502	08/25	0.09 mi	Glenarm Road, Hackney, E5	3	Terraced House
£3,500	10/25	0.1 mi	Elderfield Road, Clapton, Hackney, London, E5	3	Flat
£3,000	11/25	0.12 mi	-	3	Terraced House
£2,600	10/25	0.14 mi	-	3	Flat
£3,250	09/25	0.14 mi	Median road, Clapton	3	Flat
£3,000	03/24	0.15 mi	-	3	Flat
£2,700	03/24	0.16 mi	Powerscroft Road, Lower Clapton, Hackney, E5	3	Flat
£2,500	11/25	0.16 mi	-	3	Flat
£2,400	03/24	0.17 mi	Churchill Walk, Homerton, Hackney, London, E9	3	Flat
£2,300	05/25	0.17 mi	-	3	Terraced House
£3,000	03/24	0.17 mi	Median Road, Lower Clapton, Hackney, E5	3	Flat
£995	01/25	0.18 mi	-	3	Flat
£2,900	10/25	0.19 mi	Waterloo Close, Homerton, E9	3	Terraced House
£3,000	09/25	0.2 mi	Lower Clapton, Hackney	3	Flat
£3,000	03/24	0.2 mi	Lower Clapton Road, Clapton	3	Flat
£4,750	06/25	0.21 mi	Thyme Walk, Dunlace Road, Clapton, Hackney, E5	3	Terraced House
£3,500	06/25	0.21 mi	Rushmore Road, London, E5	3	Terraced House
£2,600	07/25	0.22 mi	Banister House, Homerton High Street, Homerton, E9	3	Flat
£2,700	06/25	0.22 mi	Banister House, Homerton High Street, Homerton, E9	3	Flat
£2,600	06/25	0.22 mi	Banister House, Homerton High Street, Homerton, E9	3	Flat
£2,950	05/25	0.22 mi	Rushmore Road, Clapton, E5	3	Flat
£3,700	07/25	0.23 mi	Chelmer Road, London, E9	3	Terraced House
£2,500	03/24	0.23 mi	Burnett Close, Hackney, E9	3	Flat
£2,300	04/24	0.24 mi	Glyn Road First Floor, Hackney	3	Flat
£2,200	10/25	0.24 mi	-	3	Flat
£2,200	10/25	0.24 mi	Linscott Road, London, E5	3	Flat
£2,500	04/24	0.25 mi	Urswick Road, London	3	House
£2,500	05/24	0.25 mi	Urswick Road, London	3	Flat
£3,200	06/25	0.25 mi	-	3	Flat
£3,300	11/25	0.25 mi	Banister House, Homerton High Street, London, E9	3	Flat
£3,500	08/25	0.25 mi	Rushmore Road, Clapton, Hackney, London, E5	3	House
£2,700	03/24	0.25 mi	Urswick Road, Hackney, E9	3	Flat
£3,750	11/25	0.25 mi	Rushmore Road, London, E5	3	Terraced House
£2,600	03/24	0.26 mi	Mayola Road E5	3	Flat
£3,000	03/24	0.26 mi	Mayola Road,	3	Flat
£2,600	02/24	0.27 mi	-	3	House
£3,000	03/24	0.27 mi	Rowe Lane, London, E9	3	Flat
£2,500	03/24	0.27 mi	15 Urswick Road, London, E9	3	Flat
£2,500	02/24	0.28 mi	-	3	Flat
£4,300	09/25	0.28 mi	Elmcroft Street, Hackney	3	House
£4,000	09/25	0.28 mi	Elmcroft Street, Hackney	3	House

Local Area Statistics

Population in E5	47,66947,669
Population in London	4,771,9214,771,921
Town centre distance	3.03 miles away3.03 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.39 miles away0.39 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £550,000

February 22, 2024

Floor Plans

Description

£250 OFF YOUR LEGAL FEES IF PURCHASE THROUGH BIGMOVE +
OFFERS IN EXCESS OF £550,000 +
APPROX 790 SQUARE FOOT +
TOP TWO FLOORS OF A VICTORIAN HOUSE +
999 YEAR LEASE - WILL BE SHARE OF FREEHOLD +
CHAIN FREE +
CLOSE TO PARK, STATION & SHOPS +

If you are looking for a large three double bedroom flat within the heart of Clapton in move in ready condition, this apartment is for you. The top floor comprises a large L shaped living room, beautifully split into kitchen, dining and living spaces. Dual aspect windows flood the room with light at all times of day. There is also a spacious double bedroom on this floor. The floor below, on the first floor of the building, comprises the master bedroom, modern tiled bathroom and third double bedroom. A huge window provides more natural light into the hallway and rooms.

This gorgeous home further benefits from a beautiful exterior, beautiful floors, comes in move in ready condition, modern combi boiler and a brand new lease which will convert to a share of freehold upon succesful sales of all units. The property is for sale with no chain.

Dunlace Road is a tree lined, one way street located in the heart of Lower Clapton, a vibrant area with a lively arts and creative scene. The apartment is around the corner from Chatsworth Road and a gentle stroll from the ever popular Hackney Downs Park.

For commuters, it is under 0.4miles walk to Hackney Downs Station and also Hackney Central offering excellent links East, Central and West via the Overground and National Rail services. From Clapton Pond there are numerous night buses running with direct links into Central and throughout London, perfect for if you miss the last Overground.

An array of local and larger retail stores, restaurants, bars and cafes are moments’ away with Lower Clapton Road, Hackney High Street or Chatsworth Road, with its Sunday Market, all within very close walking distance. Bohemia Place Market, a real gem of East London, is by Hackney Central and is extremely popular for its weekly markets, breweries and workshops.

WE HAVE THREE BEAUTIFUL FLATS IN THIS SAME BUILDING FOR SALE . ASK BIGMOVE FOR MORE DETAILS ON ALL THESE FLATS.

LEASEHOLD.

BRAND NEW LEASE 999 YEARS REMAINING. THE PROPERTY WILL BECOME SHARE OF FREEHOLD UPON SALES OF ALL UNITS.

SERVICE CHARGE =£0

GROUND RENT = £0

*IF YOU PURCHASE THIS PROPERTY THROUGH BIGMOVE, WE WILL GIVE £250 TOWARDS LEGAL YOUR CONVEYANCING LEGAL FEES.

Parking Availability: Yes.

Agent Details

bigmove estate agents, Hackney

020 3897 1949

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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