3 Bed Terraced House, Planning Permission, London, E16 1HN, £550,000

Tarling Road, London, E16 1HN - 1 views - 5 months ago

Sold STC
Planning
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£200K - £610K
Sold Prices/m²£2.5K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£484,482

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£34,700

Total Cash In

£172,200

 

 

Cash Out

 

Rent Range

£2,450 - £4,500

Rent Estimate

£2,469

Running Costs/mo

£2,233

Cashflow/mo

£236

Cashflow/yr

£2,837

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £610K, average is £460K. £2.5K/m² to £7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£410K04/210.09 mi34, Bray Drive, London, Greater London E16 1LD3
£505K04/210.09 mi29, Bray Drive, London, Greater London E16 1LD3
£490K06/210.09 mi6, Appleby Road, London, Greater London E16 1LQ3
£440K10/200.18 mi18, Ruscoe Road, London, Greater London E16 1JB3
£420K11/200.18 mi14, Pollard Close, London, Greater London E16 1LG3
£435K05/210.28 mi6, Boreham Avenue, London, Greater London E16 3AG3
£436K11/200.28 mi50, Boreham Avenue, London, Greater London E16 3AG3
£425K12/220.28 mi5, Boreham Avenue, London, Greater London E16 3AG3
£570K12/220.3 mi14, Scoulding Road, London, Greater London E16 1NT3
£520K01/230.42 mi34, Murray Square, Custom House, London, Greater London E16 3AL3
£520K10/220.44 mi20, South Molton Road, London, Greater London E16 1PE3
£610K01/230.45 mi6, Capulet Mews, London, Greater London E16 1SQ3
£590K05/210.45 mi7, Hanover Avenue, London, Greater London E16 1SD3
£590K03/210.5 mi1, De Quincey Mews, London, Greater London E16 1SU3
£470K12/220.51 mi6, Bernard Cassidy Street, London, Greater London E16 4DB3
£395K07/210.53 mi30, Malmesbury Terrace, London, Greater London E16 4PL3
£465K01/210.59 mi18, Percy Road, London, Greater London E16 4RB3
£600K10/220.59 mi14, Fairfax Mews, London, Greater London E16 1TY3
£475K11/220.59 mi11, Beaulieu Avenue, London, Greater London E16 1TS3
£480K01/230.6 mi7, Birch Close, London, Greater London E16 4QW3
£604K12/200.61 mi8, Constable Avenue, London, Greater London E16 1TZ3
£200K01/230.62 mi9, Birch Close, London, Greater London E16 4QW3
£413K06/210.63 mi249, Newhaven Lane, London, Greater London E16 4HJ3
£468K10/220.63 mi29, Evelyn Road, London, Greater London E16 1TU3
£380K05/210.66 mi1, Ohio Road, London, Greater London E13 8EL3
£332.5K12/220.67 mi40, Devonshire Road, London, Greater London E16 3NB3
£360K07/230.67 mi33, Garfield Road, London, Greater London E13 8EN3
£360K03/230.67 mi64, Varley Road, London, Greater London E16 3NS3
£391K11/200.68 mi92, Varley Road, London, Greater London E16 3NS3
£510K06/210.68 mi130, Oban Street, London, Greater London E14 0GR3
£415K01/230.68 mi21, Gresham Road, East Ham, London, Greater London E16 3DU3
£555K02/210.68 mi3, Eclipse Road, London, Greater London E13 8LX3
£535K03/210.69 mi69, Varley Road, London, Greater London E16 3NR3
£478K03/210.69 mi103, Varley Road, London, Greater London E16 3NR3
£380K01/210.7 mi2, Mortlake Road, London, Greater London E16 3NT3
£435K03/230.7 mi52, Hayday Road, London, Greater London E16 4AZ3
£415K02/210.71 mi1b, Clifford Road, London, Greater London E16 4JW3
£400K05/210.71 mi31, Avenons Road, London, Greater London E13 8HU3
£425K06/210.72 mi61, Shipman Road, London, Greater London E16 3DT3
£435K11/200.73 mi54, Avenons Road, London, Greater London E13 8HT3
£570K04/210.74 mi32, Boxley Street, London, Greater London E16 2AN3
£460K01/210.74 mi58, Boxley Street, London, Greater London E16 2AN3
£460K06/230.77 mi27, Desford Road, London, Greater London E16 4NJ3
£477.4K12/220.78 mi18, Florence Street, London, Greater London E16 4JS3
£461K12/210.8 mi7, Seaton Close, London, Greater London E13 8JJ3
£435K05/210.81 mi106, Cumberland Road, London, Greater London E13 8LR3
£513K03/210.82 mi8, Bethell Avenue, London, Greater London E16 4JT3
£360K02/210.83 mi37, Westport Road, London, Greater London E13 8NW3
£380K03/210.89 mi6, Adine Road, London, Greater London E13 8LL3
£536K11/220.9 mi9, Mafeking Road, London, Greater London E16 4NS3

Local Rents

50 rents from £2.5K/mo to £4.5K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£2,50004/240.03 mi-3
£2,75004/250.03 mi-3
£2,50003/240.03 miTarling Road, London, E163
£3,00005/240.03 miPrince Court, 5 Nelson Street, London, E163
£3,00003/240.1 miHeartwell Avenue, London, E163
£2,80003/240.1 miHeartwell Avenue, London, E163
£3,00004/240.1 miHeartwell Avenue, London, E163
£2,80004/240.1 miHeartwell Avenue, London, E163
£3,00004/240.1 miHeartwell Avenue, London, E163
£2,80005/240.1 miHeartwell Avenue, London, E163
£4,50002/250.12 mi-3
£2,79504/240.14 miCoral Apartments, 17 Western Gateway, Canary Wharf, Canning town, London, E16 1AQ3
£2,79903/240.16 miEffra Gardens, London E163
£3,20004/240.16 miEffra Gardens, London, Newham, E163
£3,35005/240.17 mi1 Tidal Basin Road, London, E163
£3,30003/240.17 miTidal Basin Road, London3
£3,00003/240.17 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£3,30004/240.17 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.17 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.17 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£3,15003/240.17 miWestern Gateway, London, E163
£3,25003/240.17 mi-3
£3,35003/240.17 mi-3
£3,40003/240.17 mi3 Tidal Basin Road, London, E163
£2,45005/240.19 mi-3
£2,50004/240.2 mi-3
£2,90003/250.21 mi-3
£3,29003/240.22 miSilvertown Way, London, E163
£3,30004/240.22 miSilvertown Way, London, E163
£3,30004/240.22 miSilvertown Way, London, E163
£3,29004/240.22 miSilvertown Way, London, E163
£3,31004/240.22 miSilvertown Way, London, E163
£3,31004/240.22 miSilvertown Way, London, E163
£3,31004/240.22 miSilvertown Way, London, E163
£3,31004/240.22 miSilvertown Way, London, E163
£3,31004/240.22 miSilvertown Way, London, E163
£3,28505/240.22 miSilvertown Way, London, E163
£3,28505/240.22 miSilvertown Way, London, E163
£3,28505/240.22 miSilvertown Way, London, E163
£3,00004/240.22 miAtlantic Apartments, Capital East, London, E163
£2,95004/240.22 miAtlantic Apartments, Capital East, London, E163
£3,00004/240.22 miAlaska Apartments, Capital East, London, E163
£3,50004/240.23 mi-3
£2,99503/250.23 mi-3
£3,00004/240.23 miWestern Gateway, London, E163
£3,25005/240.23 miWestern Gateway, London, E163
£3,25005/240.23 miWestern Gateway, London, E163
£3,00003/240.23 miAtlantic Apartments, E163
£2,95005/240.23 miAtlantic Apartments, E163
£2,95005/240.23 miAtlantic Apartments, E163

Local Area Statistics

Population in E16

44,880

Population in London

4,771,921

Town centre distance

5.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

-3%

Property History

Price changed to £550,000

January 7, 2025

Listed for £575,000

November 21, 2024

Floor Plans

Description

  • Terraced house +
  • Three bedrooms +
  • Freehold, c.1042 sq.ft. +
  • Conservatory +
  • Ample storage +
  • Large rear garden +
  • Near Docklands +
  • Good Transport Links +

This freehold 3-bedroom terraced house offers a perfect blend of comfort and potential, ideal for families or investors. The property boasts a spacious lounge with solid wood flooring, a decorative fireplace, and a large double-glazed window, offering a cozy yet bright space.

The kitchen/diner is generously proportioned (20’ x 14’) and includes ample storage, a 5-ring gas range cooker, and downlighters, making it perfect for entertaining. The lean-to adds versatility, functioning as a utility or additional living space.

Upstairs, the first floor hosts three bedrooms, all fitted with laminate wood flooring and built-in storage, while the modern family bathroom boasts a sleek three-piece suite with tiled finishes and a heated towel rail. This property also presents a development opportunity with its extensive garden space and convenient back access, subject to planning permissions.

Situated in a highly desirable area, this home offers easy access to Canning Town Station and bus routes for seamless travel across London. The Excel Centre, O2 Arena, and Newham’s Dockside Plaza are just minutes away. For families, the property is within reach of well-regarded schools and parks, including Keir Hardie Recreation Ground.

Agent Details

JOHNS&CO, Royal Wharf

020 3840 3625

Next Steps?

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