3 Bed Flat, Single Let, London, E16 1LR, £375,000

Rogers Road, London, E16 1LR - 1 views - 9 months ago

Leasehold

BTL

ROI: 6%

~88 m²

+3 photos

ValuationUndervalued

Sold Prices	£120K - £810K
Sold Prices/m²	£3.6K/m² - £8.1K/m²

Square Metres	~88.26 m²
Price/m²	£4.2K/m²
Value Estimate	£423,164£423,164
BMV	13%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£119,950£119,950

Cash Out
Rent Range	£2,100 - £6,500£2,100 - £6,500
Rent Estimate	£2,200
Running Costs/mo	£1,632£1,632
Cashflow/mo	£568£568
Cashflow/yr	£6,818£6,818
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

42 sold prices from £120K to £810K, average is £357.5K. £3.6K/m² to £8.1K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£340K	12/22	0.38 mi	58, Bridgeland Road, London, Greater London E16 3AD	£4,857	70	3	Flat
£342K	12/22	0.39 mi	22, Clements Avenue, London, Greater London E16 3AA	£4,957	69	3	Flat
£295K	06/21	0.39 mi	123, Carson Road, London, Greater London E16 4BG	£4,449	66	3	Flat
£305K	11/21	0.4 mi	113, Carson Road, London, Greater London E16 4BG	-	-	3	Flat
£310K	10/20	0.44 mi	35, Carson Road, London, Greater London E16 4BD	£5,254	59	3	Flat
£360K	12/22	0.57 mi	10, Gerald Road, London, Greater London E16 4HX	-	-	3	Flat
£342K	05/21	0.58 mi	100, Anne Street, London, Greater London E13 8BY	£3,977	86	3	Flat
£330K	05/21	0.91 mi	14, Germander Way, London, Greater London E15 3AB	£4,714	70	3	Flat
£120K	05/21	0.91 mi	43, Germander Way, London, Greater London E15 3AB	-	-	3	Flat
£330K	06/21	0.95 mi	57, Chesterton Terrace, London, Greater London E13 0BZ	£6,969	47	3	Flat
£285K	03/21	0.96 mi	19, Emma Road, London, Greater London E13 0DS	£4,318	66	3	Flat
£325K	03/21	0.97 mi	87, Tollgate Road, London, Greater London E16 3LQ	£3,571	91	3	Flat
£220K	07/22	0.98 mi	562a, Barking Road, Plaistow, London, Greater London E13 9JU	£3,929	56	3	Flat
£360K	01/23	1.03 mi	34, Given Wilson Walk, London, Greater London E13 0EB	£3,711	97	3	Flat
£355K	06/21	1.19 mi	14, Willis Street, London, Greater London E14 6NB	-	-	3	Flat
£415K	02/23	1.19 mi	8, Willis Street, London, Greater London E14 6NB	£5,685	73	3	Flat
£770K	03/21	1.21 mi	154, Barrier Point Road, London, Greater London E16 2SE	£6,016	128	3	Flat
£650K	04/23	1.26 mi	203, Barrier Point Road, London, Greater London E16 2SF	£6,915	94	3	Flat
£400K	04/21	1.27 mi	28, Brownfield Street, London, Greater London E14 6NE	£5,970	67	3	Flat
£570K	08/23	1.28 mi	320, Boardwalk Place, London, Greater London E14 5SH	£8,074	71	3	Flat
£810K	12/20	1.28 mi	4, Landons Close, London, Greater London E14 9QQ	£6,480	125	3	Flat
£400K	04/23	1.33 mi	Flat 27, Stanborough House, Empson Street, London, Greater London E3 3LY	-	-	3	Flat
£375K	08/23	1.36 mi	68a, Stopford Road, London, Greater London E13 0LZ	-	-	3	Flat
£335K	02/21	1.36 mi	68a, Stopford Road, London, Greater London E13 0LZ	-	-	3	Flat
£350K	11/20	1.42 mi	200a, Harold Road, London, Greater London E13 0SE	£4,795	73	3	Flat
£393K	04/23	1.55 mi	6, Plashet Road, London, Greater London E13 0PU	£4,137	95	3	Flat
£327.5K	04/21	1.55 mi	14a, Plashet Road, London, Greater London E13 0PU	£3,808	86	3	Flat
£177.5K	10/22	1.55 mi	28a, Plashet Road, London, Greater London E13 0PU	-	-	3	Flat
£450K	12/20	1.55 mi	104, Bisson Road, London, Greater London E15 2RE	£5,885	76	3	Flat
£421.3K	03/21	1.6 mi	162, Rounton Road, London, Greater London E3 4EX	£6,195	68	3	Flat
£385K	12/22	1.62 mi	77a, Meeson Road, London, Greater London E15 4AW	£4,497	86	3	Flat
£360K	12/20	1.63 mi	127, Campbell Road, London, Greater London E3 4DP	£4,390	82	3	Flat
£405K	12/21	1.68 mi	16, Tidey Street, London, Greater London E3 4DD	£5,400	75	3	Flat
£395K	12/20	1.7 mi	208, Hind Grove, London, Greater London E14 6HP	£4,702	84	3	Flat
£350K	03/21	1.74 mi	11, Atlas Gardens, London, Greater London SE7 7TB	£3,868	90	3	Flat
£319K	09/22	1.8 mi	33, Greatfield Avenue, London, Greater London E6 3RU	£4,090	78	3	Flat
£325K	09/22	1.8 mi	241, Lonsdale Avenue, London, Greater London E6 3QA	£3,779	86	3	Flat
£385K	01/23	1.8 mi	37, Greatfield Avenue, London, Greater London E6 3RU	£4,873	79	3	Flat
£790K	02/21	1.87 mi	Flat 28, Cubitt Wharf, Storers Quay, London, Greater London E14 3BF	-	-	3	Flat
£418K	12/22	1.97 mi	5, Faraday Road, London, Greater London E15 4JT	£5,208	80	3	Flat
£480K	08/21	1.98 mi	33, Ambrose Walk, London, Greater London E3 2AR	£5,000	96	3	Flat
£330K	04/23	2 mi	8, Dyson Road, London, Greater London E15 4JX	£3,708	89	3	Flat

Local Rents

50 rents from £2.1K/mo to £6.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,500	05/24	0.03 mi	-	3	Flat
£2,200	12/24	0.11 mi	-	3	Flat
£2,496	03/24	0.14 mi	Fife Road, Canning Town	3	Flat
£2,496	03/24	0.14 mi	Fife Road, Canning Town	3	Flat
£2,900	03/25	0.14 mi	-	3	Detached House
£2,500	04/24	0.18 mi	-	3	Semi-Detached House
£2,700	05/24	0.19 mi	Ivy Point, 5 Hannaford Walk, Bromley by Bow, London, E3 3TF	3	Flat
£2,450	05/24	0.2 mi	-	3	Terraced House
£3,500	05/24	0.22 mi	Maud Street, London, Newham, E16	3	Flat
£6,500	04/24	0.22 mi	-	3	Flat
£2,600	05/24	0.25 mi	Barking Road, Canning Town	3	Flat
£3,500	03/25	0.25 mi	-	3	Terraced House
£2,495	03/24	0.25 mi	Canning Town, London, E16	3	Flat
£3,250	04/24	0.28 mi	Barking Road, London, E16	3	Flat
£2,795	04/24	0.28 mi	Coral Apartments, 17 Western Gateway, Canary Wharf, Canning town, London, E16 1AQ	3	Flat
£2,200	03/24	0.3 mi	Ling Road, Canning Town, Newham, London, E16	3	Flat
£2,100	03/25	0.31 mi	-	3	Flat
£3,000	05/24	0.31 mi	Prince Court, 5 Nelson Street, London, E16	3	Flat
£2,500	04/24	0.31 mi	-	3	Semi-Detached House
£2,750	04/25	0.31 mi	-	3	Terraced House
£2,500	03/24	0.31 mi	Tarling Road, London, E16	3	Semi-Detached House
£3,285	05/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,285	05/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,285	12/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,100	12/24	0.31 mi	-	3	Flat
£3,250	01/25	0.31 mi	-	3	Flat
£3,290	03/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,300	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,300	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,290	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,310	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,310	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,310	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,310	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,310	04/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,285	05/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,285	05/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£3,285	05/24	0.31 mi	Silvertown Way, London, E16	3	Flat
£2,300	03/24	0.31 mi	-	3	Terraced House
£2,799	03/24	0.32 mi	Effra Gardens, London E16	3	Flat
£3,200	04/24	0.32 mi	Effra Gardens, London, Newham, E16	3	Flat
£2,200	05/24	0.33 mi	-	3	Terraced House
£4,500	02/25	0.35 mi	-	3	Flat
£2,350	01/25	0.35 mi	-	3	Terraced House
£2,675	05/24	0.36 mi	-	3	Terraced House
£2,295	03/25	0.37 mi	-	3	Flat
£3,000	12/24	0.37 mi	-	3	Detached House
£2,800	04/24	0.38 mi	Heartwell Avenue, London, E16	3	Flat
£3,000	04/24	0.38 mi	Heartwell Avenue, London, E16	3	Flat
£2,800	05/24	0.38 mi	Heartwell Avenue, London, E16	3	Flat

Local Area Statistics

Population in E16	44,88044,880
Population in London	4,771,9214,771,921
Town centre distance	5.33 miles away5.33 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.36 miles away0.36 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 £375,000

January 31, 2025

Listed for £400,000

July 11, 2024

Floor Plans

Description

Three Bedrooms +
Split-Level Maisonette +
Excellent Transport +
Private Communal Garden +
Ideal for Investment +
950 sq ft Approx. +

GUIDE PRICE
£375,000 - £400,000

This three bedroom duplex apartment extends to 950 square feet of internal space and benefits from an abundance of natural, overlooking the communal gardens.

The apartment comprises three bedrooms, one bathroom, separate W/C, separate kitchen and living room.

This spacious three-bedroom duplex apartment offers a perfect blend of opportunity and convenience, with excellent transport links right on your doorstep. Boasting a private communal garden, it’s an ideal investment opportunity in a highly sought-after location.

The location is excellent for access to all of the local amenities such as local shops, supermarkets and dining options.

Canning Town station is a mere 0.4 miles away providing access to the Jubilee Line and DLR which can take you Central London in 20 minutes.

Agent Details

Felicity J Lord, Canary Wharf

020 4538 2246

Next Steps?

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

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