3 Bed Terraced House, Single Let, London, E16 3AL, £525,000

Murray Square, London, E16 3AL - 3 views - a year ago

Sold STC

BTL

ROI: 1%

~93 m²

+11 photos

ValuationOvervalued

Sold Prices	£332.5K - £610K
Sold Prices/m²	£3.5K/m² - £7K/m²

Square Metres	~93 m²
Price/m²	£5.6K/m²
Value Estimate	£483,045£483,045

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£131,250£131,250
Stamp Duty & Legal Fees	£30,700£30,700
Total Cash In	£161,950£161,950

Cash Out
Rent Range	£2,200 - £4,500£2,200 - £4,500
Rent Estimate	£2,225
Running Costs/mo	£2,106£2,106
Cashflow/mo	£119£119
Cashflow/yr	£1,433£1,433
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £332.5K to £610K, average is £440K. £3.5K/m² to £7K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£520K	01/23	0 mi	34, Murray Square, Custom House, London, Greater London E16 3AL	£6,193	84	3	Terraced House
£435K	05/21	0.15 mi	6, Boreham Avenue, London, Greater London E16 3AG	£5,763	75	3	Terraced House
£436K	11/20	0.15 mi	50, Boreham Avenue, London, Greater London E16 3AG	£4,688	93	3	Terraced House
£425K	12/22	0.15 mi	5, Boreham Avenue, London, Greater London E16 3AG	-	-	3	Terraced House
£420K	11/20	0.25 mi	14, Pollard Close, London, Greater London E16 1LG	£5,122	82	3	Terraced House
£415K	01/23	0.29 mi	21, Gresham Road, East Ham, London, Greater London E16 3DU	-	-	3	Terraced House
£332.5K	12/22	0.31 mi	40, Devonshire Road, London, Greater London E16 3NB	£3,822	87	3	Terraced House
£490K	06/21	0.32 mi	6, Appleby Road, London, Greater London E16 1LQ	-	-	3	Terraced House
£425K	06/21	0.32 mi	61, Shipman Road, London, Greater London E16 3DT	-	-	3	Terraced House
£520K	10/22	0.33 mi	20, South Molton Road, London, Greater London E16 1PE	£5,909	88	3	Terraced House
£360K	03/23	0.33 mi	64, Varley Road, London, Greater London E16 3NS	-	-	3	Terraced House
£391K	11/20	0.33 mi	92, Varley Road, London, Greater London E16 3NS	£5,013	78	3	Terraced House
£600K	10/22	0.35 mi	14, Fairfax Mews, London, Greater London E16 1TY	£5,363	112	3	Terraced House
£535K	03/21	0.35 mi	69, Varley Road, London, Greater London E16 3NR	-	-	3	Terraced House
£478K	03/21	0.35 mi	103, Varley Road, London, Greater London E16 3NR	£6,289	76	3	Terraced House
£604K	12/20	0.35 mi	8, Constable Avenue, London, Greater London E16 1TZ	£6,101	99	3	Terraced House
£410K	04/21	0.36 mi	34, Bray Drive, London, Greater London E16 1LD	-	-	3	Terraced House
£505K	04/21	0.36 mi	29, Bray Drive, London, Greater London E16 1LD	-	-	3	Terraced House
£380K	01/21	0.37 mi	2, Mortlake Road, London, Greater London E16 3NT	£5,846	65	3	Terraced House
£590K	03/21	0.37 mi	1, De Quincey Mews, London, Greater London E16 1SU	£5,675	104	3	Terraced House
£475K	11/22	0.39 mi	11, Beaulieu Avenue, London, Greater London E16 1TS	£6,981	68	3	Terraced House
£610K	01/23	0.4 mi	6, Capulet Mews, London, Greater London E16 1SQ	£6,100	100	3	Semi-Detached House
£590K	05/21	0.41 mi	7, Hanover Avenue, London, Greater London E16 1SD	-	-	3	Terraced House
£468K	10/22	0.42 mi	29, Evelyn Road, London, Greater London E16 1TU	-	-	3	Semi-Detached House
£570K	12/22	0.43 mi	14, Scoulding Road, London, Greater London E16 1NT	-	-	3	Terraced House
£440K	10/20	0.47 mi	18, Ruscoe Road, London, Greater London E16 1JB	£5,641	78	3	Terraced House
£570K	04/21	0.51 mi	32, Boxley Street, London, Greater London E16 2AN	£5,135	111	3	Terraced House
£460K	01/21	0.51 mi	58, Boxley Street, London, Greater London E16 2AN	£4,685	98	3	Terraced House
£435K	02/23	0.55 mi	44, Young Road, London, Greater London E16 3RR	-	-	3	Terraced House
£555K	02/21	0.56 mi	3, Eclipse Road, London, Greater London E13 8LX	£6,307	88	3	Terraced House
£350K	03/21	0.62 mi	9, Randolph Approach, London, Greater London E16 3HU	-	-	3	Terraced House
£470K	12/22	0.62 mi	6, Bernard Cassidy Street, London, Greater London E16 4DB	£5,209	90	3	Terraced House
£410K	06/21	0.64 mi	70, Colman Road, London, Greater London E16 3LY	£3,534	116	3	Terraced House
£447K	03/21	0.68 mi	46, Botha Road, London, Greater London E13 8PQ	£5,731	78	3	Terraced House
£435K	05/21	0.68 mi	106, Cumberland Road, London, Greater London E13 8LR	£4,439	98	3	Terraced House
£435K	03/23	0.68 mi	52, Hayday Road, London, Greater London E16 4AZ	-	-	3	Terraced House
£360K	02/21	0.68 mi	37, Westport Road, London, Greater London E13 8NW	£5,070	71	3	Terraced House
£411K	07/23	0.7 mi	35, Palmer Road, London, Greater London E13 8NU	-	-	3	Terraced House
£400K	05/21	0.71 mi	31, Avenons Road, London, Greater London E13 8HU	£4,444	90	3	Terraced House
£405K	02/21	0.71 mi	24, Palmer Road, London, Greater London E13 8NT	£5,704	71	3	Terraced House
£442K	06/21	0.71 mi	116, Colman Road, London, Greater London E16 3LZ	£4,753	93	3	Terraced House
£435K	11/20	0.72 mi	54, Avenons Road, London, Greater London E13 8HT	-	-	3	Terraced House
£461K	12/21	0.73 mi	7, Seaton Close, London, Greater London E13 8JJ	£4,308	107	3	Terraced House
£413K	06/21	0.75 mi	249, Newhaven Lane, London, Greater London E16 4HJ	£4,586	90	3	Terraced House
£380K	09/21	0.75 mi	66, Jenkins Road, London, Greater London E13 8NP	-	-	3	Terraced House
£395K	07/21	0.76 mi	30, Malmesbury Terrace, London, Greater London E16 4PL	£4,158	95	3	Terraced House
£500K	05/23	0.78 mi	3, High Meads Road, London, Greater London E16 3TN	-	-	3	Detached House
£505K	03/23	0.78 mi	2, High Meads Road, London, Greater London E16 3TN	£5,489	92	3	Semi-Detached House
£495K	01/23	0.79 mi	50, Fulmer Road, London, Greater London E16 3TF	-	-	3	Semi-Detached House
£440K	12/20	0.79 mi	78, Fulmer Road, London, Greater London E16 3TF	£6,667	66	3	Semi-Detached House

Local Rents

50 rents from £2.2K/mo to £4.5K/mo, average is £2.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,190	12/24	0.08 mi	-	3	Flat
£4,500	04/25	0.08 mi	-	3	Semi-Detached House
£2,350	03/25	0.11 mi	-	3	Flat
£3,500	03/24	0.12 mi	Seagull Lane, London, E16	3	Flat
£3,250	04/24	0.12 mi	Galleria House, London, E16	3	Flat
£2,300	03/24	0.16 mi	-	3	Terraced House
£2,795	03/24	0.16 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,750	04/24	0.16 mi	-	3	Flat
£2,850	04/24	0.16 mi	-	3	Flat
£2,817	04/24	0.16 mi	-	3	Flat
£2,817	05/24	0.16 mi	-	3	Flat
£2,900	03/25	0.16 mi	-	3	Flat
£2,800	04/25	0.16 mi	-	3	Flat
£2,775	02/25	0.16 mi	-	3	Flat
£2,817	03/24	0.17 mi	Westgate Apartments, 14 Western Gateway, Excel, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,700	03/24	0.17 mi	Western Gateway, E16	3	Flat
£4,500	05/24	0.19 mi	Balearic Apartments, 15 Western Gateway, London, Greater London, E16	3	Flat
£2,795	03/24	0.19 mi	Capital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS	3	Flat
£2,773	03/24	0.19 mi	Capital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS	3	Flat
£2,708	05/24	0.19 mi	Capital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS	3	Flat
£3,300	01/25	0.19 mi	-	3	Flat
£2,900	02/25	0.19 mi	-	3	Flat
£2,995	04/24	0.21 mi	The Oxygen Apartments, Royal Victoria Dock, E16	3	Flat
£2,900	03/24	0.21 mi	-	3	Flat
£2,860	03/24	0.21 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,708	04/24	0.21 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,643	05/24	0.21 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£3,000	04/24	0.24 mi	Atlantic Apartments, Capital East, London, E16	3	Flat
£2,950	04/24	0.24 mi	Atlantic Apartments, Capital East, London, E16	3	Flat
£3,000	03/24	0.25 mi	Atlantic Apartments, E16	3	Flat
£3,000	04/24	0.25 mi	Atlantic Apartments, E16	3	Flat
£2,950	05/24	0.25 mi	Atlantic Apartments, E16	3	Flat
£2,950	05/24	0.25 mi	Atlantic Apartments, E16	3	Flat
£2,925	05/24	0.25 mi	Seagull Lane London E16	3	Flat
£3,500	04/24	0.25 mi	-	3	Flat
£2,995	03/25	0.25 mi	-	3	Flat
£2,700	05/24	0.26 mi	Ivy Point, 5 Hannaford Walk, Bromley by Bow, London, E3 3TF	3	Flat
£2,500	04/24	0.27 mi	Garvary Road, Canning Town, London, E16 3GZ	3	Terraced House
£2,500	05/24	0.27 mi	Garvary Road, Canning Town, London, E16 3GZ	3	Terraced House
£2,500	02/25	0.27 mi	-	3	Terraced House
£2,200	04/24	0.27 mi	Gresham Road, London, E16	3	Terraced House
£2,200	04/24	0.27 mi	-	3	Terraced House
£4,000	03/25	0.28 mi	-	3	Semi-Detached House
£3,000	04/24	0.28 mi	Western Gateway, London, E16	3	Flat
£3,250	05/24	0.28 mi	Western Gateway, London, E16	3	Flat
£3,250	05/24	0.28 mi	Western Gateway, London, E16	3	Flat
£2,687	04/24	0.29 mi	Westgate Apartments, 14 Western Gateway, Royal Victoria Docks, Excel, London, E16 1BN	3	Flat
£2,687	05/24	0.29 mi	Westgate Apartments, 14 Western Gateway, Royal Victoria Docks, Excel, London, E16 1BN	3	Flat
£3,200	12/24	0.32 mi	Shipman Road, Canning Town, London, E16	3	Terraced House
£2,200	02/25	0.32 mi	-	3	Flat

Local Area Statistics

Population in E16	44,88044,880
Population in London	4,771,9214,771,921
Town centre distance	5.70 miles away5.70 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.10 miles away0.10 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

Listed for £525,000

May 23, 2024

Floor Plans

Description

Chain free +
Freehold +
3 bed +
Double glazed +
Garden +

FANTASTIC OPPORTUNITY TO SECURE THIS 3 BEDROOM FREEHOLD HOUSE IN E16

A charming three bedroom terraced house situated in the heart of London Docklands. The house comprises of three double bedrooms, a family bathroom, a spacious kitchen/dining room & separate living room.

The property benefits from a large drive, big enough for two parking spaces. On top of this the house has a spacious rear garden and two storage rooms. The house boosts a large 942nsq ft of internal space.

Location
This property is ideally situated in the vibrant and well-connected area of Custom House, E16, offering a wealth of amenities and excellent transport links. The area is home to several reputable schools, including St. Luke’s CEVA Primary and Nursery School and Hallsville Primary School, providing excellent educational opportunities for families.

Residents have access to a range of healthcare services, with nearby pharmacies like Day Lewis Pharmacy and Citizens Advice offering essential services. Custom House boasts a variety of shopping and dining options, with Tesco Express and Nisa Local catering to everyday grocery needs, and a selection of cafes and restaurants such as Freemasons Cafe, Tapa Tapa, and The Fox Excel offering diverse culinary experiences. For recreation, residents can enjoy the green spaces of Cundy Park and the activities around the Royal Victoria Dock, including the Royal Victoria Beach and various water sports. The ExCeL London exhibition centre is also nearby, hosting a range of events and exhibitions throughout the year.

The location also benefits from excellent transport links, with Custom House and Prince Regent stations providing quick access to the DLR and the Elizabeth Line, ensuring convenient travel to Central London and beyond. The proximity to major roads like the A112 and A13 further enhances connectivity.

Agent Details

Portico, Ilford

020 3840 3704

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, London, E16 1AZ

£450,000

13 days ago • 68 m²

3 Bed Flat, Single Let, London, E16 1BA

£845,000

2 months ago • 179 m²

3 Bed House, Single Let, London, E16 1BA

£845,000

2 months ago • 93 m²

2 Bed Flat, Single Let, London, E16 1BA

£580,000

2 months ago • 88 m²