2 Bed Flat, Single Let, London, E6 5XW, £230,000

Tollgate Road, London, E6 5XW - 2 views - 7 months ago

Leasehold
BTL
ROI: 13%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£200K - £475K
Sold Prices/m²£3.5K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£278,300
BMV21%

Cashflows











Local Sold Prices

25 sold prices from £200K to £475K, average is £290K. £3.5K/m² to £7.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£295K06/210 mi217, Tollgate Road, London, Greater London E6 5XW2
£295K06/210.04 mi18, Concorde Drive, London, Greater London E6 5XL2
£200K06/210.07 mi33, Viscount Drive, London, Greater London E6 5XQ2
£255K11/210.21 mi19, Northumberland Road, London, Greater London E6 5RN2
£280K11/220.22 mi26, Albatross Close, London, Greater London E6 5NX2
£260K04/210.25 mi73, Albatross Close, London, Greater London E6 5NX2
£307K08/220.28 mi6, Thomas Cribb Mews, London, Greater London E6 5PD2
£230K06/210.28 mi2, Thomas Cribb Mews, London, Greater London E6 5PD2
£330K12/220.28 mi12, Thomas Cribb Mews, London, Greater London E6 5PD2
£330K12/220.28 mi12, Thomas Cribb Mews, London, Greater London E6 5PD2
£275K12/220.33 mi3, Barry Road, London, Greater London E6 5TA2
£326.8K10/220.42 mi6, Robin Crescent, London, Greater London E6 5XA2
£280K01/230.43 mi9, Greencroft Close, London, Greater London E6 5SY2
£292K05/210.44 mi10, Greencroft Close, London, Greater London E6 5SY2
£290K10/210.46 mi88, Aaron Hill Road, London, Greater London E6 6NJ2
£293K04/210.46 mi32, Aaron Hill Road, London, Greater London E6 6NJ2
£290K01/230.46 mi70, Aaron Hill Road, London, Greater London E6 6NJ2
£290K02/230.47 mi80, Aaron Hill Road, London, Greater London E6 6NJ2
£295K10/220.47 mi48, Aaron Hill Road, London, Greater London E6 6NJ2
£315K01/230.6 mi7, Agate Close, London, Greater London E16 3TU2
£475K08/210.66 mi119, Charlemont Road, London, Greater London E6 6HD2
£336.5K12/220.79 mi49, Tollgate Road, London, Greater London E16 3LB2
£230K05/210.85 mi59, Telham Road, London, Greater London E6 6BW2
£222K12/200.85 mi25, Wellstead Road, London, Greater London E6 6DE2
£265K06/210.85 mi44, Telham Road, London, Greater London E6 6BP2













Local Area Statistics

Population in E6

78,955

Population in London

4,771,921

Town centre distance

6.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £230,000

January 31, 2025

Price changed to £234,000

January 19, 2025

Price changed to £238,000

January 8, 2025

Price changed to £218,000

January 1, 2025

Price changed to £222,000

December 18, 2024

Price changed to £226,000

December 11, 2024

Price changed to £230,000

December 4, 2024

Price changed to £234,000

November 27, 2024

Price changed to £238,000

November 20, 2024

Price changed to £217,000

November 13, 2024

Price changed to £221,000

November 8, 2024

Price changed to £241,000

October 4, 2024

Price changed to £245,000

September 28, 2024

Listed for £290,000

September 11, 2024

Description

  • Buy-to-Let Opportunity +
  • 2 Bedrooms +
  • Modern Kitchen +
  • Spacious Rooms +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat house located in London. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features a 2 bedroom, 1 bathroom, a lounge and a kitchen.

Investment Details

It currently produces an annual gross income of £21,600 for both which could be increased by the new owner to a market rate of £22,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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