2 Bed Flat, Single Let, London, E15 2NS, £350,000

Central House, Stratford, London, E15 2NS - 3 views - 4 months ago

Leasehold

BTL

ROI: 5%

~58 m²

+5 photos

ValuationOvervalued

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

Square Metres	~57.51 m²
Price/m²	£6.1K/m²
Value Estimate	£342,837£342,837

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£1,850 - £4,099£1,850 - £4,099
Rent Estimate	£1,900
Running Costs/mo	£1,494£1,494
Cashflow/mo	£406£406
Cashflow/yr	£4,875£4,875
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £226K to £572K, average is £367K. £3K/m² to £11.9K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£330K	10/20	0.18 mi	20, Bisson Road, London, Greater London E15 2RD	£5,000	66	2	Flat
£275K	08/21	0.19 mi	2, Otter Close, London, Greater London E15 2PZ	£4,661	59	2	Flat
£367K	06/21	0.19 mi	8, Otter Close, London, Greater London E15 2PZ	£6,016	61	2	Flat
£370K	04/21	0.19 mi	43, Otter Close, London, Greater London E15 2PZ	£6,736	55	2	Flat
£353K	02/21	0.2 mi	100, Otter Close, London, Greater London E15 2PX	£6,193	57	2	Flat
£372.5K	06/23	0.22 mi	79, Otter Close, London, Greater London E15 2PT	£4,862	77	2	Flat
£323.7K	12/20	0.26 mi	Flat 56, Corbin House, Bromley High Street, London, Greater London E3 3BQ	-	-	2	Flat
£320K	04/23	0.35 mi	34, Brymay Close, London, Greater London E3 2SY	£6,163	52	2	Flat
£300K	11/20	0.35 mi	Flat 6, Dorrington Point, Bromley High Street, London, Greater London E3 3EL	-	-	2	Flat
£393K	06/21	0.38 mi	144, Bow Road, London, Greater London E3 3AH	-	-	2	Flat
£332K	06/21	0.47 mi	Flat 22, Denbury House, Talwin Street, London, Greater London E3 3JB	-	-	2	Flat
£412.7K	12/22	0.52 mi	82a, Bow Road, London, Greater London E3 4DL	£5,685	73	2	Flat
£430K	12/21	0.57 mi	7b, Tomlins Grove, London, Greater London E3 4NX	£6,466	67	2	Flat
£301.5K	03/23	0.67 mi	Flat 32, Wellington Buildings, Wellington Way, London, Greater London E3 4NA	-	-	2	Flat
£355K	02/21	0.67 mi	Flat 17, Astra House, Alfred Street, London, Greater London E3 2BA	-	-	2	Flat
£455K	06/23	0.68 mi	Flat 22, Marina Court, Alfred Street, London, Greater London E3 2BH	-	-	2	Flat
£390K	04/23	0.68 mi	73, Hewison Street, London, Greater London E3 2HZ	£5,821	67	2	Flat
£226K	03/23	0.7 mi	198, Campbell Road, London, Greater London E3 4ED	£2,975	76	2	Flat
£370K	08/21	0.7 mi	220, Campbell Road, London, Greater London E3 4ED	£5,692	65	2	Flat
£332K	03/21	0.75 mi	170, Rounton Road, London, Greater London E3 4EX	£5,030	66	2	Flat
£340K	03/21	0.75 mi	110, Rounton Road, London, Greater London E3 4EX	£5,075	67	2	Flat
£365K	02/21	0.76 mi	Flat 6, Barford House, Tredegar Road, London, Greater London E3 5HP	-	-	2	Flat
£320K	10/20	0.79 mi	28, Memorial Avenue, London, Greater London E15 3BT	£5,079	63	2	Flat
£411.3K	09/21	0.8 mi	113, Fairfoot Road, London, Greater London E3 4EJ	£5,961	69	2	Flat
£343K	03/21	0.8 mi	159, Fairfoot Road, London, Greater London E3 4EJ	£5,310	65	2	Flat
£500K	06/21	0.8 mi	7, Eden Way, London, Greater London E3 2JD	£9,434	53	2	Flat
£555K	09/21	0.8 mi	8, Eden Way, London, Greater London E3 2JD	£7,603	73	2	Flat
£310K	11/20	0.81 mi	47, Durban Road, London, Greater London E15 3BW	£4,471	69	2	Flat
£360K	02/23	0.83 mi	Flat 65, Winford House, Jodrell Road, London, Greater London E3 2LF	-	-	2	Flat
£417K	04/23	0.84 mi	1, Regal Place, London, Greater London E3 2BG	£8,653	48	2	Flat
£400K	12/22	0.84 mi	1, Barnby Street, London, Greater London E15 4PY	£5,405	74	2	Flat
£325K	08/21	0.84 mi	9, Barnby Street, London, Greater London E15 4PY	£4,851	67	2	Flat
£365K	06/23	0.84 mi	9, Chopwell Close, London, Greater London E15 4RP	£6,655	55	2	Flat
£572K	06/21	0.85 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£572K	06/21	0.85 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£302.5K	11/20	0.87 mi	21, Holland Road, West Ham, London, Greater London E15 3BP	£5,216	58	2	Flat
£390K	06/21	0.91 mi	6, Gerry Raffles Square, London, Greater London E15 1BG	-	-	2	Flat
£380K	06/21	0.91 mi	31, Gerry Raffles Square, London, Greater London E15 1BG	£6,909	55	2	Flat
£380K	06/23	0.91 mi	465, Mile End Road, London, Greater London E3 4PA	-	-	2	Flat
£265.5K	10/21	0.92 mi	Flat 24, Bracken House, Devons Road, London, Greater London E3 3RG	-	-	2	Flat
£415K	01/21	0.92 mi	119, Gerry Raffles Square, London, Greater London E15 1BQ	£5,895	70	2	Flat
£360K	10/20	0.92 mi	56, Gerry Raffles Square, London, Greater London E15 1BG	£7,018	51	2	Flat
£500K	05/23	0.92 mi	128, Antill Road, London, Greater London E3 5BN	-	-	2	Flat
£367K	10/21	0.94 mi	1b, Aldworth Road, London, Greater London E15 4DN	£6,673	55	2	Flat
£385K	02/21	0.94 mi	1a, Aldworth Road, London, Greater London E15 4DN	£7,404	52	2	Flat
£341.5K	06/21	0.94 mi	1d, Aldworth Road, London, Greater London E15 4DN	£6,969	49	2	Flat
£415K	08/23	0.95 mi	Flat 13, Brine House, St Stephens Road, London, Greater London E3 5PG	-	-	2	Flat
£275K	06/21	0.97 mi	Flat 5, Stafford Morris House, Church Street, Stratford, London, Greater London E15 3JY	-	-	2	Flat
£460K	12/22	0.97 mi	96, Hitchin Square, London, Greater London E3 5QF	-	-	2	Flat
£440K	02/21	1 mi	27b, Ropery Street, London, Greater London E3 4QH	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £4.1K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	02/24	0.01 mi	-	2	Flat
£2,000	03/24	0.01 mi	-	2	Flat
£2,000	03/24	0.01 mi	Central house High Street, London, E15	2	Flat
£1,850	03/24	0.01 mi	Central House \| Stratford High Street \| E15	2	Flat
£2,000	03/24	0.01 mi	High Street, London, E15	2	Flat
£2,000	05/24	0.01 mi	Central house High Street, London, E15	2	Flat
£2,000	03/24	0.01 mi	Central House, High Street, London, E15	2	Flat
£2,200	03/24	0.01 mi	-	2	Flat
£2,100	03/24	0.01 mi	-	2	Flat
£2,100	02/25	0.01 mi	-	2	Flat
£2,200	02/25	0.01 mi	-	2	Flat
£2,200	02/25	0.01 mi	-	2	Flat
£1,900	02/25	0.01 mi	-	2	Flat
£2,100	03/25	0.01 mi	-	2	Flat
£2,000	03/25	0.01 mi	-	2	Flat
£2,000	03/25	0.01 mi	-	2	Flat
£2,000	03/24	0.01 mi	High Street, London, E15	2	Flat
£1,900	01/25	0.02 mi	-	2	Flat
£1,950	04/24	0.02 mi	High Street, London, E15	2	Flat
£2,300	02/25	0.03 mi	-	2	Flat
£2,000	03/24	0.03 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,100	04/24	0.03 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,500	05/24	0.03 mi	-	2	Flat
£2,200	05/24	0.03 mi	Thomas Frye Court, London, E15	2	Flat
£2,200	05/24	0.03 mi	-	2	Flat
£2,200	04/24	0.04 mi	High Street, Stratford	2	Flat
£2,350	03/24	0.04 mi	-	2	Flat
£2,100	02/24	0.04 mi	-	2	Flat
£2,000	03/24	0.04 mi	High Street, Stratford, E15	2	Flat
£2,199	03/25	0.05 mi	-	2	Flat
£2,349	03/24	0.05 mi	High Street, Stratford	2	Flat
£2,300	03/24	0.07 mi	Highland Street London E15	2	Flat
£2,500	03/25	0.07 mi	-	2	Flat
£2,200	04/24	0.07 mi	High Street, London, E15	2	Flat
£2,000	03/25	0.08 mi	-	2	Flat
£2,500	03/24	0.09 mi	Barley Lane, London	2	House
£2,500	04/24	0.1 mi	-	2	Flat
£2,500	04/24	0.1 mi	-	2	Flat
£2,500	05/24	0.1 mi	-	2	Flat
£2,500	04/24	0.1 mi	Sky View Tower, 12 High Street, Stratford, London, E15	2	Flat
£4,099	12/24	0.1 mi	-	2	Flat
£2,600	03/24	0.1 mi	Sky View Tower, 12 High Street, E15	2	Flat
£2,375	04/24	0.1 mi	Sky View Tower, 12 High Street, London, E15	2	Flat
£2,000	04/24	0.1 mi	Central House, 32-66 High Street, London, E15	2	Flat
£2,500	10/23	0.11 mi	Sky View Tower,High Street, London, E15	2	Flat
£2,548	03/24	0.11 mi	Sky View Tower, Stratford E15	2	Flat
£2,550	03/24	0.11 mi	High Street, London, E15	2	Flat
£2,500	03/24	0.11 mi	High Street, London, E15	2	Flat
£2,500	04/24	0.11 mi	High Street, London, E15	2	Flat
£2,550	05/24	0.11 mi	High Street, London, E15	2	Flat

Local Area Statistics

Population in E15	52,19952,199
Population in London	4,771,9214,771,921
Town centre distance	4.06 miles away4.06 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+16%+16%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Price changed to £350,000

December 19, 2024

Listed for £375,000

November 25, 2024

Floor Plans

Description

A well presented 2 bedroom flat +
Located on the 2nd floor (with lift) +
Reception room with space to dine +
Private balcony +
Separate fitted kitchen with smart fixtures +
2 well proportioned bedrooms with storage space +
Bathroom with white suite +
Concierge, communal gym, communal roof terrace +

Situated on the 2nd floor of a secure, gated development, this superb 2 bedroom flat offers generous living and entertaining space with a private balcony and access to a communal gym and roof terrace.

The property is ideally located for the many amenities found in Stratford city with Westfield shopping centre and Olympic park also nearby.

Please use the reference CHPK3267731 when contacting Foxtons.

Agent Details

Foxtons, Stratford

020 3889 9150

Next Steps?

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

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ValuationOvervalued

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