3 Bed Terraced House, Single Let, London, E12 6DB, £450,000

Fourth Avenue, Manor Park, London, E12 6DB - 2 views - 7 months ago

Under Offer
BTL
ROI: 3%
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£195K - £690K
Sold Prices/m²£1.9K/m² - £7.3K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£427,549

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,700 - £3,500

Rent Estimate

£2,256

Running Costs/mo

£1,877

Cashflow/mo

£379

Cashflow/yr

£4,543

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £195K to £690K, average is £452.5K. £1.9K/m² to £7.3K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£430K02/210.04 mi25, Fifth Avenue, London, Greater London E12 6DA3
£450K03/230.07 mi35, Third Avenue, Manor Park, London, Greater London E12 6DX3
£515K04/210.09 mi33, Second Avenue, London, Greater London E12 6EJ3
£425K02/210.11 mi30, Second Avenue, London, Greater London E12 6EH3
£455K12/200.13 mi11, First Avenue, London, Greater London E12 6AW3
£455K06/210.13 mi41, First Avenue, Manor Park, London, Greater London E12 6AW3
£450K07/210.16 mi146, Fourth Avenue, London, Greater London E12 6DR3
£483K11/220.16 mi126, Fourth Avenue, London, Greater London E12 6DR3
£457K01/210.16 mi93, Seventh Avenue, London, Greater London E12 5JJ3
£490K03/230.21 mi109, Little Ilford Lane, London, Greater London E12 5PN3
£415K04/210.21 mi6, Trevelyan Avenue, London, Greater London E12 5PL3
£410K04/210.21 mi28, Little Ilford Lane, London, Greater London E12 5PW3
£485K06/210.22 mi140, First Avenue, Manor Park, London, Greater London E12 6AJ3
£485K06/210.22 mi140, First Avenue, Manor Park, London, Greater London E12 6AJ3
£450K02/210.23 mi120, Sixth Avenue, London, Greater London E12 5PU3
£540K06/210.26 mi245, Sheringham Avenue, London, Greater London E12 6HJ3
£425K11/220.26 mi122, Meanley Road, London, Greater London E12 6AT3
£202K01/210.27 mi68, Sheringham Avenue, London, Greater London E12 5PA3
£410K05/210.3 mi136, Dersingham Avenue, London, Greater London E12 5QG3
£540K11/220.37 mi49, Salisbury Road, Manor Park, London, Greater London E12 6AA3
£407K01/210.39 mi16, St Winefrides Avenue, London, Greater London E12 6HQ3
£660K11/200.41 mi3, Gladding Road, London, Greater London E12 5DD3
£675K03/210.43 mi197, Capel Road, London, Greater London E12 5DB3
£690K11/210.43 mi5, Carlton Road, London, Greater London E12 5BG3
£579.8K12/220.43 mi39, Carlton Road, London, Greater London E12 5BG3
£360K02/210.44 mi173, Walton Road, London, Greater London E12 5RN3
£412K06/210.45 mi56, Rectory Road, London, Greater London E12 6JA3
£395K06/210.45 mi56, Rectory Road, London, Greater London E12 6JA3
£285K06/210.45 mi104, Landseer Avenue, London, Greater London E12 6HR3
£435K03/230.46 mi115, Grantham Road, Manor Park, London, Greater London E12 5LZ3
£512.5K02/230.48 mi387, Sherrard Road, London, Greater London E12 6UH3
£445K01/230.48 mi349, Sherrard Road, London, Greater London E12 6UH3
£370K06/230.48 mi185, Grantham Road, London, Greater London E12 5NB3
£590K12/200.48 mi59, Whitta Road, London, Greater London E12 5BX3
£460K12/200.49 mi225, Shakespeare Crescent, London, Greater London E12 6NA3
£475K10/220.49 mi35, Elsenham Road, London, Greater London E12 6JZ3
£420K06/210.5 mi15, Elsenham Road, London, Greater London E12 6JZ3
£410K06/210.5 mi51, Chesterford Road, London, Greater London E12 6LD3
£195K02/210.5 mi140, Shakespeare Crescent, London, Greater London E12 6NB3
£450K03/210.5 mi138, Shakespeare Crescent, London, Greater London E12 6NB3
£506K06/210.5 mi375, Halley Road, London, Greater London E12 6UB3
£543K01/210.51 mi61, Essex Road, London, Greater London E12 6RF3
£673K12/200.52 mi34, Durham Road, London, Greater London E12 5AX3
£577K02/230.52 mi80, Durham Road, Manor Park, London, Greater London E12 5AX3
£480K03/210.53 mi142, Browning Road, London, Greater London E12 6RD3
£450K03/210.53 mi322, Sherrard Road, London, Greater London E12 6UF3
£445K11/200.53 mi367, Dersingham Avenue, London, Greater London E12 6JX3
£615K06/210.54 mi14, Cumberland Road, London, Greater London E12 5AZ3
£616K04/230.54 mi3, Cumberland Road, London, Greater London E12 5AZ3
£408K02/210.56 mi9, Dore Avenue, London, Greater London E12 6JT3

Local Rents

30 rents from £1.7K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,35004/240.03 miFourth Avenue, London, E123
£2,30004/240.1 miA Second Avenue, London3
£2,30004/240.1 miSecond Avenue, London3
£2,50004/240.11 miSecond Avenue, London, E123
£2,40004/250.13 mi-3
£2,35004/240.13 mi-3
£2,30004/250.2 mi-3
£2,35012/240.2 mi-3
£1,95004/240.2 mi-3
£2,50005/240.2 mi-3
£2,40003/250.2 mi-3
£2,01503/250.28 mi-3
£2,40012/240.28 mi-3
£2,35012/240.28 mi-3
£2,20012/240.28 mi-3
£3,00002/250.3 mi-3
£3,50004/240.33 miDersingham Avenue, London, E123
£2,50003/240.37 miWarwick Road, Manor Park, London, E123
£2,40004/240.38 miRixsen Road, Manor Park, London3
£2,40004/240.38 miRixsen Road, Manor Park, London3
£2,25012/240.41 mi-3
£2,70002/250.41 mi-3
£2,50003/250.45 mi-3
£2,75003/240.46 miGrantham Road, E123
£2,65004/240.46 mi-3
£1,70002/240.47 mi-3
£2,60003/250.49 mi-3
£2,00003/250.51 mi-3
£2,30004/240.53 miSherrard Road, Manor Park3
£2,50005/240.59 mi-3

Local Area Statistics

Population in E12

41,869

Population in London

4,771,921

Town centre distance

7.07 miles away

Nearest school

0.10 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £450,000

September 25, 2024

Floor Plans

Description

  • A 3 bedroom period property +
  • Arranged over 2 floors with additional large cellar +
  • Bay fronted double reception room +
  • Dining room with adjoining shower room +
  • Fitted kitchen with garden access +
  • 3 well proportioned bedrooms +
  • Bathroom +
  • Garden room and paved rear garden +

Arranged over 3 floors, this expansive 3 bedroom house offers excellent potential, boasting generous rooms throughout with a large cellar and garden room.

The property is ideally placed moments from the vast green open spaces of Wanstead Flats.

Please use the reference CHPK1874934 when contacting Foxtons.

Agent Details

Foxtons, Stratford

020 3889 9150

Next Steps?

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