2 Bed Flat, Single Let, London, E12 6UN, £290,000

Manor Park, London, E12 6UN - 5 months ago

Leasehold
BTL
ROI: 4%
~69 m²
+10 photos

ValuationUndervalued

Sold Prices£129K - £432.5K
Sold Prices/m²£2.3K/m² - £8.2K/m²

 

 

Square Metres

~69.10 m²
Price/m²£4.2K/m²

Value Estimate

£358,835
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,250

Rent Estimate

£1,500

Running Costs/mo

£1,226

Cashflow/mo

£274

Cashflow/yr

£3,285

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £129K to £432.5K, average is £308.8K. £2.3K/m² to £8.2K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£311.5K06/210.01 mi1, Queensberry Place, London, Greater London E12 6UN2
£297K03/230.01 mi41, Queensberry Place, London, Greater London E12 6UN2
£317K04/210.01 mi14, Queensberry Place, London, Greater London E12 6UN2
£315K08/220.02 mi69, Queensberry Place, London, Greater London E12 6UN2
£325K12/220.02 mi97, Queensberry Place, London, Greater London E12 6UW2
£307.5K03/210.05 mi132, Queensberry Place, London, Greater London E12 6UW2
£330K09/220.05 mi104, Queensberry Place, London, Greater London E12 6UW2
£305K01/210.05 mi115, Queensberry Place, London, Greater London E12 6UW2
£312K02/210.05 mi127, Queensberry Place, London, Greater London E12 6UW2
£300K05/230.05 mi107, Queensberry Place, London, Greater London E12 6UW2
£320K08/220.07 mi134, Queensberry Place, London, Greater London E12 6UW2
£220K01/210.17 mi52, Snowshill Road, London, Greater London E12 6BB2
£175K04/210.17 mi198, Halley Road, London, Greater London E12 6UD2
£254K06/210.17 mi244, Halley Road, London, Greater London E12 6UD2
£310K11/220.23 mi15, Saints Drive, London, Greater London E7 0RF2
£275K11/200.25 mi270a, Strone Road, London, Greater London E12 6TP2
£350K03/210.33 mi43a, Carlyle Road, London, Greater London E12 6BL2
£380K01/230.34 mi142, Windsor Road, London, Greater London E7 0RB2
£292K06/210.36 mi55a, Birchdale Road, London, Greater London E7 8AS2
£225K02/210.36 mi13a, Birchdale Road, London, Greater London E7 8AS2
£330K07/220.37 miFlat, 42b, Essex Road, London, Greater London E12 6RE2
£412K08/220.39 mi130b, Claremont Road, London, Greater London E7 0PX2
£413.1K06/210.41 mi22, Forest Drive, London, Greater London E12 5DF2
£322.5K03/210.41 mi9, Forest Drive, London, Greater London E12 5DF2
£310K12/220.43 mi522a, Katherine Road, London, Greater London E7 8EA2
£240.5K06/210.43 mi552, Katherine Road, London, Greater London E7 8EA2
£283K11/220.44 mi83, Forest View Road, London, Greater London E12 5HU2
£235K08/220.51 miFirst Floor Flat, 14, Stafford Road, London, Greater London E7 8NN2
£295K06/210.54 mi168a, Shakespeare Crescent, London, Greater London E12 6NB2
£410K09/210.59 mi78, Ridley Road, London, Greater London E7 0LT2
£410K09/210.59 mi78, Ridley Road, London, Greater London E7 0LT2
£360K12/200.61 mi112a, Hampton Road, London, Greater London E7 0NU2
£295K12/200.62 mi16a, Chesterford Road, London, Greater London E12 6LB2
£320K07/220.63 miFlat A, 202, Sheringham Avenue, London, Greater London E12 5PQ2
£295K08/220.68 mi86b, Sheringham Avenue, London, Greater London E12 5PE2
£312.4K01/210.71 mi64b, Burges Road, London, Greater London E6 2BH2
£425K06/210.73 mi78, Capel Road, London, Greater London E7 0JR2
£280K06/210.75 mi82, Plashet Grove, London, Greater London E6 1AB2
£286K07/210.75 mi15, St Georges Road, London, Greater London E7 8HT2
£296.8K06/230.76 mi171, Gainsborough Avenue, London, Greater London E12 6JN2
£400K06/210.76 mi24, Barrington Road, London, Greater London E12 6JH2
£245K11/220.79 miFlat 46, Charlbury House, Grantham Road, Manor Park, London, Greater London E12 5NR2
£360K06/210.8 mi29, Osborne Road, Forest Gate, London, Greater London E7 0PJ2
£280K06/230.82 mi62a, Leigh Road, London, Greater London E6 2AS2
£360K02/230.82 mi74, Leigh Road, London, Greater London E6 2AS2
£295K09/220.83 miFlat 1, Fry House, St Stephens Road, London, Greater London E6 1AL2
£275K12/200.84 mi54a, Caulfield Road, London, Greater London E6 2EN2
£230K05/210.86 mi198, Burges Road, London, Greater London E6 2BS2
£432.5K06/210.86 mi39a, Avenue Road, London, Greater London E7 0LA2
£129K04/230.88 mi1027, Romford Road, Manor Park, London, Greater London E12 5LH2

Local Rents

50 rents from £1.5K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80001/250.01 mi-2
£1,95003/250.02 mi-2
£1,65003/240.07 miSherrard Road, E122
£1,85001/250.09 mi-2
£1,75004/240.11 miSalisbury Road2
£1,70003/250.14 mi-2
£2,15003/250.14 mi-2
£1,70004/250.14 mi-2
£1,90005/240.16 miRomford Road, Manor Park, London, E122
£1,69004/250.18 mi-2
£1,50003/250.19 mi-2
£2,00001/250.2 mi-2
£1,75001/250.21 mi-2
£1,80004/250.23 mi-2
£1,80004/250.23 mi-2
£1,99003/250.23 mi-2
£1,95002/250.24 mi-2
£1,87502/240.24 mi-2
£1,72502/240.24 mi-2
£1,79503/250.24 mi-2
£1,75003/240.25 mi-2
£1,80005/240.26 mi-2
£1,60002/240.28 mi-2
£2,10012/240.3 mi-2
£1,75002/250.33 mi-2
£2,25003/250.34 mi-2
£2,00003/250.34 mi-2
£1,85003/240.39 miThird Avenue, London, E122
£1,60005/240.39 miSheridan Road, London, E12 6QY2
£1,50005/240.41 mi-2
£1,85002/240.43 mi-2
£2,00012/240.44 mi-2
£2,00001/250.44 mi-2
£1,90001/250.44 mi-2
£1,80002/250.44 mi-2
£1,95001/250.44 mi-2
£2,20003/250.45 mi-2
£2,00003/240.45 mi-2
£2,20004/250.45 mi-2
£1,90003/240.45 mi Browning Road, London, E12 6PB2
£1,90005/240.47 miLondon, E122
£1,80004/250.48 mi-2
£2,20001/250.49 mi-2
£1,95012/240.49 mi-2
£1,85002/250.49 mi-2
£1,90003/240.49 mi-2
£1,75001/250.5 mi-2
£1,90002/250.5 mi-2
£2,00002/250.51 mi-2
£2,05001/250.51 mi-2

Local Area Statistics

Population in E12

41,869

Population in London

4,771,921

Town centre distance

6.68 miles away

Nearest school

0.10 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £290,000

March 16, 2025

Listed for £310,000

November 15, 2024

Floor Plans

Description

  • Two Double Bedroom Apartment +
  • En-Suite And Family Bathroom +
  • Open Plan Living/Dining With Juliet Balcony +
  • Kitchen With Space For Appliances +
  • Excellent Local Amenities +
  • Rail Links Manor Park Station +

The Property
Looking for a comfortable and spacious two double-bedroom, two-bathroom flat in the peaceful area of Manor Park? Look no further than this excellent property on Queensberry Place!

Featuring plenty of natural light, this flat is perfect for any young family or couple looking for a great place to call home. The bedrooms are large and cozy, with plenty of storage space and big windows allowing plenty of natural light.

The two property has two bathrooms, you'll love soaking in the bath or taking a quick shower in your very own en-suite.

The living space is perfect for entertaining and relaxing, with an open-plan dining/living area for socialising, as well as watching movies or reading books. The kitchen is modern and features all the latest appliances and plenty of storage space.

Lease term - 125 years from 1 April 2002

Local Area
The property benefits from an array of amenities and transport links nearby.

Amenities:
- There are several grocery stores such as Tesco Express, Co-op Food, and Lidl located within a 10-minute walk from the property.
- There are several pharmacies located within a 10-minute walk, including Lloyds Pharmacy and Boots.
- There are plenty of restaurants and cafes in the area, including Nandos, Costa Coffee, and Subway, all within a 10-minute walk.
- For leisure activities, there is a park nearby called Central Park, which features a playground, basketball court, and open green space.

Transport Links:
- The closest station to the property is Manor Park Station, which is served by the TFL Rail and Crossrail Elizabeth Line. It can take you to London Liverpool Street Station within 20 minutes.
- The bus routes that run through the area are 25, 86,

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 30/03/2127

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering East London

020 3889 9017

Next Steps?

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