2 Bed Flat, Single Let, London, E15 3BA, £350,000

Manor Road, Stratford, London, E15 3BA - 5 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£235K - £415K
Sold Prices/m²£3.8K/m² - £8.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£387,229
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,300 - £2,800

Rent Estimate

£1,726

Running Costs/mo

£1,459

Cashflow/mo

£267

Cashflow/yr

£3,205

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £235K to £415K, average is £335.8K. £3.8K/m² to £8.8K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£302.5K11/200.27 mi21, Holland Road, West Ham, London, Greater London E15 3BP2
£310K11/200.28 mi47, Durban Road, London, Greater London E15 3BW2
£275K06/210.3 miFlat 5, Stafford Morris House, Church Street, Stratford, London, Greater London E15 3JY2
£320K10/200.32 mi28, Memorial Avenue, London, Greater London E15 3BT2
£400K12/220.32 mi1, Barnby Street, London, Greater London E15 4PY2
£325K08/210.32 mi9, Barnby Street, London, Greater London E15 4PY2
£305K04/230.42 mi100b, Portway, London, Greater London E15 3QJ2
£340K04/210.44 mi76, Salmen Road, London, Greater London E13 0DT2
£346K06/210.44 mi75, Stratford Road, London, Greater London E13 0JN2
£345K06/210.51 mi24, Park Road, London, Greater London E15 3QP2
£365K06/230.51 mi9, Chopwell Close, London, Greater London E15 4RP2
£367K10/210.53 mi1b, Aldworth Road, London, Greater London E15 4DN2
£385K02/210.53 mi1a, Aldworth Road, London, Greater London E15 4DN2
£341.5K06/210.53 mi1d, Aldworth Road, London, Greater London E15 4DN2
£360K07/220.56 mi15, Fothergill Close, London, Greater London E13 0LJ2
£330K10/200.63 mi20, Bisson Road, London, Greater London E15 2RD2
£353K02/210.69 mi100, Otter Close, London, Greater London E15 2PX2
£372.5K06/230.71 mi79, Otter Close, London, Greater London E15 2PT2
£235K05/210.71 miFlat 37, Willett House, Queens Road West, Plaistow, London, Greater London E13 0RX2
£275K08/210.73 mi2, Otter Close, London, Greater London E15 2PZ2
£367K06/210.73 mi8, Otter Close, London, Greater London E15 2PZ2
£370K04/210.73 mi43, Otter Close, London, Greater London E15 2PZ2
£390K06/210.76 mi6, Gerry Raffles Square, London, Greater London E15 1BG2
£380K06/210.76 mi31, Gerry Raffles Square, London, Greater London E15 1BG2
£415K01/210.76 mi119, Gerry Raffles Square, London, Greater London E15 1BQ2
£360K10/200.76 mi56, Gerry Raffles Square, London, Greater London E15 1BG2
£355K10/210.77 mi57, Selwyn Road, London, Greater London E13 0PY2
£300K06/210.8 mi11, Lacewing Close, London, Greater London E13 8AD2
£320K03/230.8 mi30, Lacewing Close, London, Greater London E13 8AD2
£406K02/210.8 mi4a, Bolton Road, London, Greater London E15 4JY2
£292K01/210.81 mi1, Meredith Street, London, Greater London E13 0EG2
£290K02/210.83 miFlat 3, Darwin Court, Balaam Street, London, Greater London E13 8RB2
£320K08/220.85 mi2a, Stork Road, London, Greater London E7 9HR2
£290K07/210.85 mi5, Grange Road, London, Greater London E13 0EE2
£313K07/230.85 mi29, Gentry Gardens, London, Greater London E13 8BS2
£353K07/230.87 mi177a, Ham Park Road, London, Greater London E7 9LG2
£352.5K11/200.89 mi44, Claude Road, London, Greater London E13 0QB2
£325K02/230.89 mi28, Knox Road, London, Greater London E7 9HW2
£300K03/230.89 mi42, Luton Road, London, Greater London E13 8HD2
£336.7K03/210.89 mi32, Luton Road, London, Greater London E13 8HD2
£297.5K10/220.89 mi22, Luton Road, London, Greater London E13 8HD2
£260K07/220.9 mi3, King Street, London, Greater London E13 8DB2
£380K06/210.92 mi55b, Carnarvon Road, London, Greater London E15 4JW2
£290K06/210.93 mi6, Perth Road, Plaistow, London, Greater London E13 9DS2
£370K01/230.94 mi16, Gwendoline Avenue, London, Greater London E13 0RF2
£335K08/210.96 mi1, Waddington Street, London, Greater London E15 1QJ2
£325K03/210.97 mi116a, Neville Road, London, Greater London E7 9QT2
£323.7K12/201 miFlat 56, Corbin House, Bromley High Street, London, Greater London E3 3BQ2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,99902/250.07 mi-2
£1,85001/250.09 mi-2
£1,85001/250.09 mi-2
£1,85001/250.09 mi-2
£1,68504/240.1 miPond Road, Stratford E152
£1,73904/240.13 miAbbey Road, London, E152
£1,76604/240.13 miAbbey Road, London, E152
£2,38304/240.13 miCorporation Street, London, E152
£2,00003/240.14 miCorporation Street London E152
£2,00004/240.14 miCorporation Street London E152
£1,85004/240.14 miCorporation Street London E152
£1,30004/240.17 miHarcourt Road2
£2,65004/250.19 mi-2
£1,80005/240.2 mi-2
£1,85004/240.2 mi-2
£1,80004/240.2 mi-2
£1,80003/240.2 miJack Clow Road, London, E152
£1,90004/240.2 miJack Clow Road, London, E152
£1,80004/240.2 miJack Clow Road, London, E152
£1,90005/240.2 miJack Clow Road, London, E152
£1,60003/240.2 miJack Clow Road, West Ham, E152
£1,80003/240.21 miAlan Hocken Way, West Ham, E152
£1,95001/250.22 mi-2
£1,85001/250.22 mi-2
£1,80003/240.23 miAlan Hocken Way, West Ham, E152
£2,20004/250.27 mi-2
£2,10005/240.28 miWest Ham Lane, Stratford Village, E152
£2,80005/240.28 mi-2
£2,80012/240.28 mi-2
£2,70012/240.28 mi-2
£2,15004/240.28 miElmgreen Close, Stratford, London, E152
£2,20004/250.29 mi-2
£2,20002/250.29 mi-2
£1,80012/240.3 mi-2
£2,00003/240.32 miBarnby Street, Stratford, E152
£1,79504/240.33 miPlaistlow Road, Stratford, London, E152
£2,25005/240.33 miCaistor Park Road, Stratford, London, E152
£2,38304/240.35 miMarriott Road, London, E152
£2,10005/240.36 mi-2
£2,08004/240.36 mi-2
£2,10004/250.37 mi-2
£2,00003/240.4 miPaul Street, Stratford, London, E152
£2,00503/240.41 miLondon Road, Plaistow Hub, London, E132
£2,02503/240.41 miLondon Road, Plaistow Hub, London, E132
£1,85003/240.42 miHallings Wharf Studios, Channelsea Road, Stratford, E152
£2,19012/240.42 mi-2
£1,95001/250.42 mi-2
£2,20003/250.42 mi-2
£2,00003/240.42 miPortway, Stratford, E152
£1,80003/240.43 miPitchford Street | Stratford | E15 2

Local Area Statistics

Population in E15

52,199

Population in London

4,771,921

Town centre distance

4.86 miles away

Nearest school

0.40 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £350,000

November 14, 2024

Floor Plans

Description

  • A wonderful 2 bedroom 1st floor apartment +
  • Set within a secure, low rise development +
  • Huge reception room flooded with natural light +
  • Offering ample space to dine and entertain +
  • 2 well proportioned bedrooms with storage space +
  • Fully fitted kitchen with smart fixtures and fittings +
  • Beautifully bright bathroom with white suite +
  • Large storage cupboard +

Arranged on the 1st floor of a secure low rise development, this charming 2 bedroom apartment offers stylish living and entertaining space with generous rooms and ample storage space throughout.

Manor Road is ideally set within close reach of lovely Stratford Park and West Ham Park for leisurely pursuits. A comprehensive variety of retail and dining options are available, as are schools, Abbey Road and Plaistow stations.

Please use the reference CHPK3255043 when contacting Foxtons.

Agent Details

Foxtons, Stratford

020 3889 9150

Next Steps?

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