2 Bed Flat, Single Let, London, E15 1DS £600,000

STRATOSPHERE TOWER, 55 GREAT EASTERN ROAD, Stratford, London, E15 1DS - a year ago
Leasehold
BTL
~70 m²
Property image

ValuationOvervalued

Sold Prices£275K - £740K
Sold Prices/m²£4.7K/m² - £10K/m²

 

 

Square Metres

~70.23 m²
Price/m²£8.5K/m²

Value Estimate

£467,986

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£51,200

Total Cash In

£201,200

 

 

Cash Out

 

Rent Range

£675 - £3,380

Rent Estimate

£675

Running Costs/mo

£2,030

Cashflow/mo

£-1,355

Cashflow/yr

£-16,260

Gross Yield

1%

Local Sold Prices

50 sold prices from £275K to £740K, average is £422.5K. £4.7K/m² to £10K/m², average is £6.9K/m².

Price
Date
Distance
Address
Beds
 
£617.5K02/250 mi55 Stratosphere Tower, Flat 218, Great Eastern Road, Stratford, London E15 1DU2
£598K12/240 mi55 Stratosphere Tower, Flat 223, Great Eastern Road, Stratford, London E15 1DU2
£580K01/250 mi55 Stratosphere Tower, Flat 111, Great Eastern Road, Stratford, London E15 1DS2
£620K07/250 miFlat 243, 55 Stratosphere Tower, Great Eastern Road, Stratford, London E15 1DU2
£470K01/250 mi55 Stratosphere Tower, Flat 153, Great Eastern Road, Stratford, London E15 1DS2
£390K06/210.17 mi6, Gerry Raffles Square, London, Greater London E15 1BG2
£380K06/210.17 mi31, Gerry Raffles Square, London, Greater London E15 1BG2
£365K06/230.17 mi9, Chopwell Close, London, Greater London E15 4RP2
£350K06/250.24 miFlat 86, Burford Wharf, Cam Road, Stratford, London E15 2SL2
£420K07/250.24 miFlat 67, Burford Wharf, Cam Road, Stratford, London E15 2SL2
£350K06/250.24 miFlat 86, Burford Wharf, Cam Road, Stratford, London E15 2SL2
£427K09/230.26 mi8, Whales Yard, West Ham Lane, Stratford, London E15 4PB2
£427K09/230.26 miWhales Yard, 8, West Ham Lane, Stratford, London E15 4PB2
£367K10/210.27 mi1b, Aldworth Road, London, Greater London E15 4DN2
£341.5K06/210.27 mi1d, Aldworth Road, London, Greater London E15 4DN2
£690K04/240.3 mi1 Lantana Heights, 1402, Glasshouse Gardens, Stratford, London E20 1HT2
£650K12/240.3 mi1 Lantana Heights, 1503, Glasshouse Gardens, Stratford, London E20 1HT2
£650K12/240.3 mi1503, 1 Lantana Heights, Glasshouse Gardens, Stratford, London E20 1HT2
£690K09/240.33 mi2 Cassia Point, 1507, Glasshouse Gardens, Stratford, London E20 1HW2
£705K09/240.33 mi1707, 2 Cassia Point, Glasshouse Gardens, Stratford, London E20 1HW2
£715K12/240.33 mi2 Cassia Point, 2705, Glasshouse Gardens, Stratford, London E20 1HY2
£705K09/240.33 mi2 Cassia Point, 1707, Glasshouse Gardens, Stratford, London E20 1HW2
£387.5K12/240.35 miApollo Court, Flat 40, High Street, Stratford, London E15 2FF2
£400K12/220.35 mi1, Barnby Street, London, Greater London E15 4PY2
£325K08/210.35 mi9, Barnby Street, London, Greater London E15 4PY2
£335K08/210.39 mi1, Waddington Street, London, Greater London E15 1QJ2
£345K01/250.39 mi39 Granite Apartments, Flat 14, Windmill Lane, Stratford, London E15 1PX2
£420K01/250.39 mi1, Flat 23, Rick Roberts Way, Stratford, London E15 2FP2
£445K02/250.39 mi1, Flat 77, Rick Roberts Way, Stratford, London E15 2FP2
£425K06/250.39 miFlat 87, 1, Rick Roberts Way, Stratford, London E15 2FP2
£425K06/250.39 miFlat 87, 1, Rick Roberts Way, Stratford, London E15 2FP2
£395K05/250.39 miFlat 7, 58 Icona Point, Warton Road, Stratford, London E15 2JD2
£395K05/250.39 miFlat 7, 58 Icona Point, Warton Road, Stratford, London E15 2JD2
£740K09/240.47 mi22 Manhattan Loft Apartments, Apartment 1507, International Way, Stratford, London E20 1GQ2
£401K03/250.47 mi88, Vicarage Lane, Stratford, London E15 4HQ2
£360K01/250.51 miShale Court, Flat 25, Romford Road, Stratford, London E15 4FD2
£275K06/210.51 miFlat 5, Stafford Morris House, Church Street, Stratford, London, Greater London E15 3JY2
£471K04/240.53 miCavesson House, 47, Ribbons Walk, Stratford, London E20 1AZ2
£460K10/240.54 mi24, Kaleidoscope House, Mirabelle Gardens, Stratford, London E20 1BU2
£372.5K06/230.55 mi79, Otter Close, London, Greater London E15 2PT2
£565K10/240.55 miFestuca House, 5, Mirabelle Gardens, Stratford, London E20 1BR2
£565K10/240.55 mi5, Festuca House, Mirabelle Gardens, Stratford, London E20 1BR2
£585K02/250.55 mi22, Festuca House, Mirabelle Gardens, Stratford, London E20 1BR2
£585K02/250.55 mi22, Festuca House, Mirabelle Gardens, Stratford, London E20 1BR2
£565K10/240.55 mi5, Festuca House, Mirabelle Gardens, Stratford, London E20 1BR2
£328K05/250.55 miFlat 28, 1 Ibex House, Forest Lane, Stratford, London E15 1HR2
£328K05/250.55 miFlat 28, 1 Ibex House, Forest Lane, Stratford, London E15 1HR2
£330K01/230.56 mi96, Maryland Street, London, Greater London E15 1JD2
£275K08/210.57 mi2, Otter Close, London, Greater London E15 2PZ2
£367K06/210.57 mi8, Otter Close, London, Greater London E15 2PZ2

Local Rents

50 rents from £675/mo to £3.4K/mo, average is £2.7K/mo.

Rent
Date
Distance
Address
Beds
 
£2,55704/240 mi-2
£2,75005/240 mi-2
£2,59512/240 mi-2
£2,75212/240 mi-2
£2,22502/250 mi-2
£2,65003/250 mi-2
£2,70805/250 mi-2
£2,65007/250 mi-2
£2,75006/250 miStratosphere Tower, London, E152
£67507/250 miGreat Eastern Road, Stratford, London, E152
£2,92508/250 miGreat Eastern Road, Stratford, London, E152
£2,40003/240 miStratosphere Tower, 55 Great Eastern Road, Stratford, London, E152
£2,80006/250 miStratosphere Tower, 55 Great Eastern Road, Stratford, London, E152
£3,38007/250 miStratosphere Tower 55 Great Eastern Road2
£2,60004/240 miStratosphere Tower, Stratford, E152
£2,35006/250 miGreat Eastern Road, Stratosphere Tower, E152
£2,90009/250 miGreat Eastern Road, Stratosphere Tower, E152
£2,50012/240 mi-2
£2,95009/250 mi-2
£2,95009/250 miStratosphere Tower, London, E152
£2,80008/250 mi-2
£2,90010/250 mi-2
£2,90010/250 miStratosphere Tower, London, E152
£2,89909/250 miGreat Eastern Road, Stratford2
£2,85008/250 miStratosphere Tower ,London2
£2,77304/240 mi-2
£2,81704/240 mi-2
£2,57502/250 mi-2
£2,70804/250 mi-2
£2,70004/250 mi-2
£2,60004/250 mi-2
£2,70805/250 mi-2
£2,60005/250 mi-2
£2,60004/250 mi-2
£2,60006/250 mi-2
£2,85006/250 mi-2
£2,59503/240 miStratosphere Tower, Stratford E152
£2,60004/240 miStratosphere Tower, Stratford, E152
£2,65007/250 mi-2
£2,80009/250 mi-2
£2,90010/250 mi-2
£2,65007/250 miStratosphere Tower, London, E152
£2,65007/250 miStratosphere Tower, London, E152
£2,75006/250.01 miGreat Eastern Road, London, E152
£3,00008/250.01 miStratosphere Tower, Great Eastern Road, London, E152
£2,50003/240.01 miStratosphere Tower, Stratford E152
£2,70003/240.01 miStratosphere Tower, London E152
£2,75007/250.01 miStratosphere Towe, London E152
£2,85007/250.01 miStratosphere Tower, Great Eastern Road, Stratford, E152
£2,75007/250.01 miGreat Eastern Road London E152

Local Area Statistics

Population in E15

52,199

Population in London

4,771,921

Town centre distance

4.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Price changed to £600,000

March 16, 2025

Listed for £625,000

September 25, 2024

Floor Plans

Property image

Description

  • South west facing property +
  • Open plan reception room/ kitchen with stunning views over East London +
  • 2 large double bedrooms +
  • 2 bathrooms +
  • Gym +
  • Concierge +
  • Excellent Location +
  • Great TFL and National rail transport links +

Stunning south west facing 2 bedroom flat offering a open plan reception room with lovely view over Stratford and Canary Wharf, 2 bathrooms and 2 large double bedrooms with plenty of storage space.

This great property is located next to Westfield and Stratford shopping center with access to great amenities and excellent transport connection with TFL and national rail network.

Please use the reference CHPK4618150 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 💪