3 Bed Flat, Single Let, London, E14 0DG £420,000

Westcott House, E14 0DG, Canary Wharf, London, E14 - 4 views - a year ago

Leasehold

BTL

ROI: 5%

~95 m²

ValuationUndervalued

Sold Prices	£355K - £950K
Sold Prices/m²	£5.4K/m² - £9.2K/m²

Square Metres	~94.76 m²
Price/m²	£4.4K/m²
Value Estimate	£525,000£525,000
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£105,000£105,000
Stamp Duty & Legal Fees	£22,300£22,300
Total Cash In	£127,300£127,300

Cash Out
Rent Range	£807 - £15,000£807 - £15,000
Rent Estimate	£2,340
Running Costs/mo	£1,801£1,801
Cashflow/mo	£540£540
Cashflow/yr	£6,474£6,474
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

20 sold prices from £355K to £950K, average is £540K. £5.4K/m² to £9.2K/m², average is £6.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£700K	01/23	0.4 mi	18, Milligan Street, London, Greater London E14 8AU	£9,152	76	3	Flat
£615K	02/25	0.41 mi	34a, Flat 35, Thomas Road, London E14 7YX	£6,758	91	3	Flat
£599.7K	03/25	0.44 mi	Flat 207, 1 Banbury Point, Cording Street, London E14 6TT	£5,354	112	3	Flat
£355K	06/21	0.44 mi	14, Willis Street, London, Greater London E14 6NB	-	-	3	Flat
£415K	02/23	0.44 mi	8, Willis Street, London, Greater London E14 6NB	£5,685	73	3	Flat
£468K	01/25	0.48 mi	63, Barleycorn Way, London E14 8DE	£5,639	83	3	Flat
£570K	08/23	0.55 mi	320, Boardwalk Place, London, Greater London E14 5SH	£8,074	71	3	Flat
£405K	12/21	0.62 mi	16, Tidey Street, London, Greater London E3 4DD	£5,400	75	3	Flat
£710K	05/25	0.67 mi	16a, Turners Road, London E3 4LE	£6,893	103	3	Flat
£490K	11/22	0.72 mi	35, Acorn Walk, London SE16 5DU	£5,765	85	3	Flat
£420K	08/25	0.72 mi	Flat 29, 2 Spinnaker House, Byng Street, London E14 8LQ	-	-	3	Flat
£950K	08/25	0.75 mi	Apartment 4004, 3, Pan Peninsula Square, London E14 9HR	-	-	3	Flat
£674.5K	02/23	0.76 mi	297a, Rotherhithe Street, London, Greater London SE16 5EY	£6,551	103	3	Flat
£700K	07/25	0.81 mi	Apartment 2901, 6 Talisman Tower, Lincoln Plaza, London E14 9BP	-	-	3	Flat
£783K	08/25	0.83 mi	Apartment 1102, 3 Duckman Tower, Lincoln Plaza, London E14 9BL	-	-	3	Flat
£510K	04/23	0.87 mi	121, Portia Way, Mile End, London, Greater London E3 4JQ	£5,862	87	3	Flat
£400K	04/23	0.89 mi	Flat 27, Stanborough House, Empson Street, London, Greater London E3 3LY	-	-	3	Flat
£375K	08/25	0.9 mi	Flat 7, Stanborough House, Empson Street, London E3 3LY	-	-	3	Flat
£950K	04/25	0.91 mi	Flat 31, 60 Ocean Wharf, Westferry Road, London E14 8LN	£7,851	121	3	Flat
£375K	05/21	0.97 mi	20, English Street, London, Greater London E3 4TA	-	-	3	Flat

Local Rents

50 rents from £807/mo to £15K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	02/25	0.02 mi	-	3	Flat
£3,850	11/25	0.06 mi	Wade's Place, London	3	House
£2,900	08/25	0.08 mi	-	3	Flat
£4,000	11/25	0.08 mi	Malam Gardens, London, E14	3	Flat
£2,500	07/25	0.1 mi	Poplar High Street, Poplar, E14	3	Flat
£2,800	07/25	0.1 mi	Pekin Close, London, E14	3	Terraced House
£2,650	11/25	0.11 mi	-	3	Flat
£2,750	10/25	0.11 mi	Pennyfields, London	3	Flat
£2,496	11/25	0.11 mi	Pennyfields, London	3	Flat
£4,250	08/25	0.12 mi	Hale Street, London, E14	3	Flat
£4,250	10/25	0.12 mi	Hale Street, London, E14	3	Flat
£4,250	09/25	0.12 mi	-	3	Flat
£4,900	06/25	0.13 mi	Maine Tower, Canary Wharf, E14	3	Flat
£4,500	10/25	0.13 mi	Arena Tower, 25 Crossharbour Plaza, Canary Wharf, London, E14	3	Flat
£3,500	03/24	0.13 mi	Talisman Tower, 6 Lincoln Plaza, London, E14	3	Flat
£2,600	07/25	0.14 mi	Poplar, London, E14	3	Flat
£2,600	07/25	0.14 mi	-	3	Flat
£2,300	04/25	0.15 mi	-	3	Flat
£3,033	06/25	0.15 mi	Casson Apartments, Upper North Street E14	3	Flat
£3,000	08/25	0.15 mi	Upper North Street, London, E14	3	Flat
£2,925	11/25	0.15 mi	Casson Apartments, Upper North Street E14	3	Flat
£3,959	10/25	0.16 mi	New Festival Avenue, London, E14	3	Flat
£3,000	10/25	0.16 mi	New Festival Avenue, E14	3	Flat
£3,575	07/25	0.16 mi	Lucienne Court, Poplar, London, E14	3	Flat
£3,250	10/25	0.16 mi	Lucienne Court, Poplar, London, E14	3	Flat
£807	05/25	0.17 mi	New Festival Avenue, London, E14	3	Flat
£3,500	06/25	0.17 mi	Moro Apartments, London, E14	3	Flat
£3,500	06/25	0.18 mi	Moro Apartments, 22 New Festival Avenue, London, E14	3	Flat
£2,999	06/25	0.18 mi	New Festival Avenue, Canary Wharf	3	Flat
£2,999	06/25	0.18 mi	New Festival Avenue, Canary Wharf	3	Flat
£2,340	03/24	0.18 mi	Pinefield Close, Canary Wharf	3	Flat
£2,340	03/24	0.18 mi	Pinefield Close, Canary Wharf	3	Flat
£6,717	04/24	0.19 mi	-	3	Flat
£3,662	06/25	0.19 mi	Pasmore Court, Canary Wharf, London, E14	3	Flat
£3,298	07/25	0.19 mi	Pasmore Court, Canary Wharf, London, E14	3	Flat
£3,000	09/25	0.19 mi	Pasmore Court, Canary Wharf, London, E14	3	Flat
£2,450	03/24	0.19 mi	Gough Walk, London, E14	3	Flat
£2,595	09/25	0.19 mi	Gough Walk, London, E14	3	Flat
£2,550	10/25	0.19 mi	Gough Walk, London, E14	3	Flat
£2,450	11/25	0.19 mi	Gough Walk, London, E14	3	Flat
£2,350	11/25	0.19 mi	Gough Walk, London, E14	3	Flat
£2,200	11/25	0.19 mi	Gough Walk, London, E14	3	Flat
£2,375	03/24	0.19 mi	-	3	Flat
£2,595	09/25	0.19 mi	-	3	Flat
£2,500	10/25	0.19 mi	-	3	Flat
£2,350	11/25	0.19 mi	-	3	Flat
£2,200	11/25	0.19 mi	-	3	Flat
£15,000	03/24	0.19 mi	Hertsmere Road, London	3	Flat
£9,000	03/24	0.19 mi	Hertsmere Road, E14	3	Flat
£9,000	03/24	0.19 mi	Hertsmere Road, London, E14	3	Flat

Local Area Statistics

Population in E14	79,70379,703
Population in London	4,771,9214,771,921
Town centre distance	3.87 miles away3.87 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.24 miles away0.24 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+3%+3%

Property History

Price changed to £420,000

February 8, 2025

Listed for £450,000

December 17, 2024

Floor Plans

Description

Delightful 2 floors 3 bedroom flat +
Bright reception room +
Separate kitchen with modern fittings +
3 sizable double bedrooms +
1 bathroom and 1 WC +
Prime area in Canary Wharf +
Short walk from All Saints Station +
Easy access to shops, restaurants and cafes +

Arranged over 2 floors, this delightful 3 bedroom flat boasts bright reception room and separate kitchen on the ground floor with 3 sizable double bedrooms on the first floor.

Located in the main street of Canary Wharf, this property offers easy access to wide range of shops, restaurants and cafes with All Saints Station short walk away.

Please use the reference CHPK3296375 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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