2 Bed Flat, Planning Permission, London, E16 2EQ, £425,000
Wards Wharf Approach, E16 2EQ - 8 months ago
Leasehold
Planning
ROI: 2%
~68 m²





+20 photos
ValuationOvervalued
Sold Prices | £165K - £1.1M |
Sold Prices/m² | £3.5K/m² - £7.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £6.2K/m² |
Value Estimate | £405,423 |
Investment Opportunity
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £106,250 |
Stamp Duty & Legal Fees | £22,700 |
Total Cash In | £128,950 |
| |
Cash Out | |
Rent Range | £1,875 - £2,600 |
Rent Estimate | £1,902 |
Running Costs/mo | £1,729 |
Cashflow/mo | £173 |
Cashflow/yr | £2,082 |
ROI | 2% |
Gross Yield | 5% |
Local Sold Prices
21 sold prices from £165K to £1.1M, average is £315K. £3.5K/m² to £7.5K/m², average is £6K/m².
Local Rents
50 rents from £1.9K/mo to £2.6K/mo, average is £2.2K/mo.
Local Area Statistics
Population in E16 | 44,880 |
Population in London | 4,771,921 |
Town centre distance | 6.46 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.23 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -4% |
Sales demand | Buyer's market |
Capital growth (5yrs) | -3% |
Property History
Price changed to £425,000
February 28, 2025
Listed for £450,000
August 3, 2024
Floor Plans
