2 Bed Flat, Single Let, London, E16 1YA £400,000

Edwin Street, E16 1YA, Royal Docks, London, E16 - a year ago

Leasehold

BTL

ROI: 2%

~56 m²

ValuationOvervalued

Sold Prices	£119K - £805K
Sold Prices/m²	£1.7K/m² - £8.7K/m²

Square Metres	~55.93 m²
Price/m²	£7.2K/m²
Value Estimate	£298,737£298,737

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£31,200£31,200
Total Cash In	£131,200£131,200

Cash Out
Rent Range	£1,750 - £2,600£1,750 - £2,600
Rent Estimate	£1,800
Running Costs/mo	£1,630£1,630
Cashflow/mo	£170£170
Cashflow/yr	£2,040£2,040
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

37 sold prices from £119K to £805K, average is £332K. £1.7K/m² to £8.7K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£345K	12/24	0 mi	21 Katie Court, Flat 98, Edwin Street, Canning Town, London E16 1YA	£7,188	48	2	Flat
£375K	07/25	0.08 mi	36, 7 Maddison Court, Hastings Road, Canning Town, London E16 1GG	-	-	2	Flat
£268K	05/25	0.09 mi	2, 8 Pandora Court, Robertson Road, Canning Town, London E16 1FS	£5,583	48	2	Flat
£287K	06/21	0.24 mi	111, Cambus Road, London, Greater London E16 4AX	£5,740	50	2	Flat
£130K	10/24	0.27 mi	96, New Barn Street, Plaistow, London E13 8JW	£2,063	63	2	Flat
£300K	03/23	0.32 mi	42, Luton Road, London, Greater London E13 8HD	£3,750	80	2	Flat
£297.5K	10/22	0.32 mi	22, Luton Road, London, Greater London E13 8HD	£6,071	49	2	Flat
£260K	07/22	0.33 mi	3, King Street, London, Greater London E13 8DB	£5,417	48	2	Flat
£463.5K	07/25	0.34 mi	8, 97 Sherrington Court, Rathbone Street, Canning Town, London E16 1FQ	-	-	2	Flat
£400K	08/22	0.36 mi	65a, New Barn Street, London, Greater London E13 8JY	£4,762	84	2	Flat
£415K	01/25	0.42 mi	New Century House, M1, Jude Street, Canning Town, London E16 1FG	£6,194	67	2	Flat
£119K	08/24	0.42 mi	202, Chargeable Lane, Plaistow, London E13 8DW	£1,725	69	2	Flat
£500K	12/24	0.47 mi	5 Centurion Tower, 803, Caxton Street North, Canning Town, London E16 1XJ	£6,494	77	2	Flat
£313K	07/23	0.53 mi	29, Gentry Gardens, London, Greater London E13 8BS	-	-	2	Flat
£332K	09/21	0.54 mi	Flat 7, Manchester Court, Garvary Road, London, Greater London E16 3GZ	-	-	2	Flat
£625K	05/25	0.57 mi	Flat 173, 18 The Oxygen, Western Gateway, Canning Town, London E16 1BQ	£6,579	95	2	Flat
£390K	02/25	0.59 mi	14 Westgate Apartments, Flat 143, Western Gateway, Canning Town, London E16 1BN	£5,571	70	2	Flat
£595K	06/25	0.59 mi	Apartment 1701, 1, Tidal Basin Road, Silvertown, London E16 1US	£7,000	85	2	Flat
£600K	06/25	0.59 mi	Apartment 1806, 1, Tidal Basin Road, Silvertown, London E16 1US	£7,143	84	2	Flat
£290K	07/21	0.6 mi	5, Grange Road, London, Greater London E13 0EE	£4,328	67	2	Flat
£625K	03/25	0.61 mi	Flat 1202, 19 Modena House, Lyell Street, London E14 0RR	£8,681	72	2	Flat
£805K	08/25	0.61 mi	Flat 2005, 19 Modena House, Lyell Street, London E14 0RR	-	-	2	Flat
£560K	03/25	0.64 mi	Flat 68, 21 Capital East Apartments, Western Gateway, Canning Town, London E16 1AS	£6,022	93	2	Flat
£300K	05/25	0.64 mi	69, Turnstone Close, Plaistow, London E13 0HW	£5,769	52	2	Flat
£300K	05/25	0.64 mi	69, Turnstone Close, Plaistow, London E13 0HW	-	-	2	Flat
£335K	11/24	0.7 mi	21, Lacewing Close, Plaistow, London E13 8AD	-	-	2	Flat
£335K	11/24	0.71 mi	21, Lacewing Close, London, Greater London E13 8AD	£5,076	66	2	Flat
£300K	06/21	0.71 mi	11, Lacewing Close, London, Greater London E13 8AD	-	-	2	Flat
£320K	03/23	0.71 mi	30, Lacewing Close, London, Greater London E13 8AD	£4,324	74	2	Flat
£336K	11/24	0.71 mi	11, Lacewing Close, Plaistow, London E13 8AD	£4,541	74	2	Flat
£336.5K	12/22	0.77 mi	49, Tollgate Road, London, Greater London E16 3LB	£5,341	63	2	Flat
£315K	03/25	0.93 mi	9, Teasel Way, Stratford, London E15 3AA	£4,773	66	2	Flat
£290K	06/21	0.93 mi	6, Perth Road, Plaistow, London, Greater London E13 9DS	-	-	2	Flat
£345K	03/25	0.95 mi	17, Holland Road, Stratford, London E15 3BP	£5,149	67	2	Flat
£305K	03/25	0.96 mi	Flat 24, Nebula Court, Umbriel Place, Plaistow, London E13 0BW	£4,296	71	2	Flat
£290K	07/24	0.96 mi	Nebula Court, Flat 23, Umbriel Place, Plaistow, London E13 0BW	£4,328	67	2	Flat
£305K	03/25	0.96 mi	Flat 24, Nebula Court, Umbriel Place, Plaistow, London E13 0BW	-	-	2	Flat

Local Rents

50 rents from £1.8K/mo to £2.6K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	06/25	0 mi	Edwin Street, London, E16	2	Flat
£2,250	03/25	0 mi	-	2	Flat
£2,000	06/25	0 mi	-	2	Flat
£2,000	06/25	0 mi	Edwin Street, London, E16	2	Flat
£1,750	06/25	0 mi	Katie Court, Edwin Street, London	2	Flat
£2,500	10/25	0 mi	Edwin Street, London, E16	2	Flat
£2,600	09/25	0 mi	-	2	Flat
£1,900	06/25	0.01 mi	Edwin Street, London	2	Flat
£2,100	11/25	0.01 mi	Edwin Street, London	2	Flat
£2,000	03/24	0.01 mi	Edwin Street, Canary Wharf, London, E16	2	Flat
£1,950	11/25	0.01 mi	Edwin Street, Canary Wharf, London, E16	2	Flat
£2,200	05/25	0.02 mi	Hammersley Road, London, E16	2	Flat
£1,900	07/25	0.02 mi	Hammersley Road, London, E16	2	Flat
£2,200	07/25	0.02 mi	Hammersley Road, London, E16	2	Flat
£2,250	03/25	0.02 mi	-	2	Flat
£2,000	05/24	0.02 mi	Hammersley Road, London	2	Flat
£2,249	04/24	0.03 mi	Pioneer Court, E16, Canning Town, London, E16	2	Flat
£2,100	05/24	0.03 mi	PIONEER COURT, Canning Town, London, E16	2	Flat
£2,100	09/25	0.03 mi	Pioneer Court, Canning Town, London, E16	2	Flat
£2,050	05/24	0.03 mi	-	2	Flat
£1,950	05/24	0.03 mi	-	2	Flat
£2,050	04/24	0.03 mi	Hammersley Rd, London, E16	2	Flat
£2,100	03/24	0.03 mi	Edwin Street, Canning Town, London, E16	2	Flat
£2,253	10/25	0.04 mi	Robertson Road, Canning Town, London, E16	2	Flat
£2,100	09/25	0.04 mi	Pioneer Court, Hammersley Road, London, E16	2	Flat
£2,400	02/24	0.04 mi	-	2	Flat
£2,000	08/25	0.04 mi	Pioneer Court, Canning Town, E16	2	Flat
£2,100	10/25	0.04 mi	Pioneer Court, Hammersley Road, London	2	Flat
£2,249	03/24	0.04 mi	Hammersley Road, Canary Wharf	2	Flat
£1,875	02/24	0.04 mi	-	2	House
£1,900	05/24	0.04 mi	-	2	Flat
£1,800	06/25	0.05 mi	Hammersley Road, Canning Town	2	Flat
£2,000	08/25	0.05 mi	50 Hammersley Road, E16	2	Flat
£2,200	10/25	0.05 mi	Pioneer Court, Canning Town, E16	2	Flat
£2,200	10/25	0.06 mi	Hammersley Road, London	2	Flat
£1,950	04/25	0.06 mi	-	2	Flat
£2,150	10/25	0.06 mi	-	2	Flat
£2,150	03/24	0.08 mi	-	2	Flat
£2,150	02/24	0.08 mi	-	2	Flat
£2,150	02/24	0.08 mi	-	2	Flat
£2,400	10/23	0.08 mi	Hastings Road, London, E16	2	Flat
£2,400	09/25	0.08 mi	Hastings Road, London, E16	2	Flat
£2,000	06/25	0.08 mi	Pioneer Court, Canning Town, E16	2	Flat
£2,200	11/25	0.08 mi	Maddison BUilding, E16, Canning Town, London, E16	2	Flat
£1,950	04/24	0.08 mi	Canning Town, London, E16	2	Flat
£2,000	08/25	0.09 mi	Maddison Court, 7 Hastings Road, Canning Town, E16	2	Flat
£2,348	10/25	0.09 mi	Hastings Road, Canning Town	2	Flat
£2,396	10/25	0.09 mi	Hastings Road, Canary Wharf	2	Flat
£2,348	10/25	0.09 mi	Hastings Road, Canning Town	2	Flat
£2,100	09/25	0.09 mi	-	2	Flat

Local Area Statistics

Population in E16	44,88044,880
Population in London	4,771,9214,771,921
Town centre distance	5.41 miles away5.41 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.49 miles away0.49 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-8%-8%
Sales demand	Buyer's marketBuyer's market

Property History

Price changed to £400,000

February 28, 2025

Listed for £425,000

October 14, 2024

Floor Plans

Description

Fabulous 2 bedroom apartment +
Located in a fantastic modern development +
Secure entry and off street parking space +
Stylish open plan kitchen/reception room +
Private balcony +
Excellently presented +
Contemporary bathroom +
Neutral decor +

Set in a modern development, this fantastic 2 bedroom apartment boasts a stylish open plan kitchen/reception room, 2 generous bedrooms a contemporary bathroom, private balcony and allocated parking.

The property is located in a modern apartment building which benefits from being moments from local amenities and transport links for easy access to and around the city.

Please use the reference CHPK4556302 when contacting Foxtons.

Agent Details

Foxtons, Canary Wharf

020 3909 9891

Next Steps?

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

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