2 Bed Flat, Single Let, London, E3 3XN, £525,000

Anderson Square, Tower Hamlets, LONDON, E3 3XN - 3 views - 7 months ago

Leasehold

BTL

~99 m²

+4 photos

ValuationUndervalued

Sold Prices	£226K - £572K
Sold Prices/m²	£3K/m² - £11.9K/m²

Square Metres	~99.30 m²
Price/m²	£5.3K/m²
Value Estimate	£571,631£571,631
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£131,250£131,250
Stamp Duty & Legal Fees	£30,700£30,700
Total Cash In	£161,950£161,950

Cash Out
Rent Range	£1,650 - £4,100£1,650 - £4,100
Rent Estimate	£1,995
Running Costs/mo	£2,060£2,060
Cashflow/mo	£-65£-65
Cashflow/yr	£-775£-775
Gross Yield	5%5%

Local Sold Prices

41 sold prices from £226K to £572K, average is £365K. £3K/m² to £11.9K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£323.7K	12/20	0.18 mi	Flat 56, Corbin House, Bromley High Street, London, Greater London E3 3BQ	-	-	2	Flat
£300K	11/20	0.25 mi	Flat 6, Dorrington Point, Bromley High Street, London, Greater London E3 3EL	-	-	2	Flat
£330K	10/20	0.29 mi	20, Bisson Road, London, Greater London E15 2RD	£5,000	66	2	Flat
£332K	06/21	0.31 mi	Flat 22, Denbury House, Talwin Street, London, Greater London E3 3JB	-	-	2	Flat
£393K	06/21	0.32 mi	144, Bow Road, London, Greater London E3 3AH	-	-	2	Flat
£353K	02/21	0.36 mi	100, Otter Close, London, Greater London E15 2PX	£6,193	57	2	Flat
£275K	08/21	0.37 mi	2, Otter Close, London, Greater London E15 2PZ	£4,661	59	2	Flat
£367K	06/21	0.37 mi	8, Otter Close, London, Greater London E15 2PZ	£6,016	61	2	Flat
£370K	04/21	0.37 mi	43, Otter Close, London, Greater London E15 2PZ	£6,736	55	2	Flat
£372.5K	06/23	0.38 mi	79, Otter Close, London, Greater London E15 2PT	£4,862	77	2	Flat
£320K	04/23	0.39 mi	34, Brymay Close, London, Greater London E3 2SY	£6,163	52	2	Flat
£412.7K	12/22	0.48 mi	82a, Bow Road, London, Greater London E3 4DL	£5,685	73	2	Flat
£430K	12/21	0.5 mi	7b, Tomlins Grove, London, Greater London E3 4NX	£6,466	67	2	Flat
£226K	03/23	0.55 mi	198, Campbell Road, London, Greater London E3 4ED	£2,975	76	2	Flat
£370K	08/21	0.55 mi	220, Campbell Road, London, Greater London E3 4ED	£5,692	65	2	Flat
£332K	03/21	0.61 mi	170, Rounton Road, London, Greater London E3 4EX	£5,030	66	2	Flat
£340K	03/21	0.61 mi	110, Rounton Road, London, Greater London E3 4EX	£5,075	67	2	Flat
£301.5K	03/23	0.62 mi	Flat 32, Wellington Buildings, Wellington Way, London, Greater London E3 4NA	-	-	2	Flat
£455K	06/23	0.65 mi	Flat 22, Marina Court, Alfred Street, London, Greater London E3 2BH	-	-	2	Flat
£355K	02/21	0.67 mi	Flat 17, Astra House, Alfred Street, London, Greater London E3 2BA	-	-	2	Flat
£411.3K	09/21	0.69 mi	113, Fairfoot Road, London, Greater London E3 4EJ	£5,961	69	2	Flat
£343K	03/21	0.69 mi	159, Fairfoot Road, London, Greater London E3 4EJ	£5,310	65	2	Flat
£320K	10/20	0.72 mi	28, Memorial Avenue, London, Greater London E15 3BT	£5,079	63	2	Flat
£390K	04/23	0.75 mi	73, Hewison Street, London, Greater London E3 2HZ	£5,821	67	2	Flat
£310K	11/20	0.75 mi	47, Durban Road, London, Greater London E15 3BW	£4,471	69	2	Flat
£265.5K	10/21	0.76 mi	Flat 24, Bracken House, Devons Road, London, Greater London E3 3RG	-	-	2	Flat
£365K	02/21	0.79 mi	Flat 6, Barford House, Tredegar Road, London, Greater London E3 5HP	-	-	2	Flat
£417K	04/23	0.8 mi	1, Regal Place, London, Greater London E3 2BG	£8,653	48	2	Flat
£302.5K	11/20	0.82 mi	21, Holland Road, West Ham, London, Greater London E15 3BP	£5,216	58	2	Flat
£572K	06/21	0.86 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£572K	06/21	0.86 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£375K	08/21	0.87 mi	14, Locksons Close, London, Greater London E14 6BH	£6,466	58	2	Flat
£380K	06/23	0.88 mi	465, Mile End Road, London, Greater London E3 4PA	-	-	2	Flat
£440K	02/21	0.91 mi	27b, Ropery Street, London, Greater London E3 4QH	-	-	2	Flat
£500K	06/21	0.91 mi	7, Eden Way, London, Greater London E3 2JD	£9,434	53	2	Flat
£555K	09/21	0.91 mi	8, Eden Way, London, Greater London E3 2JD	£7,603	73	2	Flat
£400K	12/22	0.92 mi	1, Barnby Street, London, Greater London E15 4PY	£5,405	74	2	Flat
£325K	08/21	0.92 mi	9, Barnby Street, London, Greater London E15 4PY	£4,851	67	2	Flat
£500K	05/23	0.93 mi	128, Antill Road, London, Greater London E3 5BN	-	-	2	Flat
£365K	06/23	0.96 mi	9, Chopwell Close, London, Greater London E15 4RP	£6,655	55	2	Flat
£360K	02/23	0.96 mi	Flat 65, Winford House, Jodrell Road, London, Greater London E3 2LF	-	-	2	Flat

Local Rents

50 rents from £1.6K/mo to £4.1K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	12/24	0.03 mi	-	2	Flat
£2,295	03/24	0.04 mi	Bolinder Way, London	2	Flat
£3,700	04/24	0.04 mi	Siena House, Bollinder Place, London, EC1V	2	Flat
£4,100	05/24	0.04 mi	Sienna House, London EC1V	2	Flat
£3,850	03/24	0.04 mi	Sienna House, London EC1V	2	Flat
£3,900	04/24	0.04 mi	Siena House, Bollinder Place, London, EC1V	2	Flat
£3,700	04/24	0.04 mi	Siena House, Bollinder Place, London, EC1V	2	Flat
£3,650	04/24	0.04 mi	Siena House, 11 Bollinder Place, London, EC1V	2	Flat
£4,000	04/24	0.04 mi	Sienna House, City Road, London EC1V	2	Flat
£1,995	03/24	0.07 mi	Bolinder Way, Bromley-by-Bow	2	Flat
£2,250	04/24	0.1 mi	Thomas Frye Court, High Street, London, E15	2	Flat
£2,160	02/24	0.1 mi	-	2	Flat
£2,149	10/23	0.12 mi	Island House, Three Mill Lane, E3	2	Flat
£2,400	03/24	0.12 mi	Island House, Three Mill Lane	2	Flat
£2,000	04/24	0.13 mi	Central House, 32-66 High Street, London, E15	2	Flat
£2,400	04/25	0.13 mi	-	2	Flat
£4,099	12/24	0.13 mi	-	2	Flat
£2,200	04/24	0.14 mi	High Street, London, E15	2	Flat
£1,650	03/24	0.14 mi	Bromley High Street, London, E3	2	Flat
£1,850	03/24	0.14 mi	Bromley High Street, London	2	Flat
£2,500	04/24	0.14 mi	Sky View Tower, 12 High Street, Stratford, London, E15	2	Flat
£2,500	04/24	0.14 mi	-	2	Flat
£2,500	04/24	0.14 mi	-	2	Flat
£2,500	05/24	0.14 mi	-	2	Flat
£2,708	04/25	0.14 mi	-	2	Flat
£2,500	10/23	0.14 mi	Sky View Tower,High Street, London, E15	2	Flat
£2,548	03/24	0.14 mi	Sky View Tower, Stratford E15	2	Flat
£2,550	03/24	0.14 mi	High Street, London, E15	2	Flat
£2,500	03/24	0.14 mi	High Street, London, E15	2	Flat
£2,500	04/24	0.14 mi	High Street, London, E15	2	Flat
£2,500	04/24	0.14 mi	High Street, London, E15	2	Flat
£2,500	12/24	0.14 mi	High Street, London, E15	2	Flat
£2,550	05/24	0.14 mi	High Street, London, E15	2	Flat
£2,600	03/24	0.14 mi	Sky View Tower, 12 High Street, E15	2	Flat
£2,375	04/24	0.14 mi	Sky View Tower, 12 High Street, London, E15	2	Flat
£2,600	04/24	0.14 mi	-	2	Flat
£2,600	03/24	0.14 mi	High Street, London, E15	2	Flat
£2,200	05/24	0.15 mi	Thomas Frye Court, London, E15	2	Flat
£2,200	05/24	0.15 mi	-	2	Flat
£2,400	03/24	0.16 mi	Carpet Street Sugar House Island E15	2	Flat
£2,349	03/24	0.17 mi	High Street, Stratford	2	Flat
£2,199	03/25	0.17 mi	-	2	Flat
£2,350	03/24	0.17 mi	Copperworks Wharf London E15	2	Flat
£2,000	03/24	0.18 mi	High Street, Stratford, E15	2	Flat
£2,350	03/24	0.18 mi	-	2	Flat
£2,200	04/24	0.18 mi	High Street, Stratford	2	Flat
£2,000	03/24	0.18 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,100	04/24	0.18 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,500	05/24	0.18 mi	-	2	Flat
£2,300	02/25	0.18 mi	-	2	Flat

Local Area Statistics

Population in E3	51,61851,618
Population in London	4,771,9214,771,921
Town centre distance	4.07 miles away4.07 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.30 miles away0.30 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+13%+13%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+1%+1%

Property History

Listed for £525,000

September 25, 2024

Floor Plans

Description

Fantastic 2 bedroom apartment split over 2 floors +
Large reception room with ample space to relax and dine +
Modern kitchen with fitted appliances +
Lovely waterside property +
2 generously sized bedrooms, main with an en suite +
Smart family bathroom +
2 spacious balconies +
Excellent location close to amenities and transport links +

This fantastic 2 bedroom, split level apartment boasts modern interiors throughout including 2 private balconies as well as 2 double bedrooms and spacious rooms.

Anderson Square is excellently located close to Bromley-y-Bow station for easy transport links as well as the London Stadium and Westfields Shopping Centre being close by for amenities.

Please use the reference CHPK4958446 when contacting Foxtons.

Agent Details

Foxtons, Bow

020 7123 8467

Next Steps?

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

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2 Bed Flat, Single Let, London, E3 3XN, £525,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents