3 Bed Flat, Single Let, London, E5 0AY, £825,000

321C, 169 Elderfield Road, Hackney, E5 0AY - 2 views - 3 months ago

BTL
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£222K - £942K
Sold Prices/m²£4K/m² - £17.2K/m²

 

 

Square Metres

~93 m²
Price/m²£8.9K/m²

Value Estimate

£623,545

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£206,250

Stamp Duty & Legal Fees

£54,700

Total Cash In

£260,950

 

 

Cash Out

 

Rent Range

£995 - £4,000

Rent Estimate

£2,000

Running Costs/mo

£2,998

Cashflow/mo

£-998

Cashflow/yr

£-11,977

Gross Yield

3%

Local Sold Prices

51 sold prices from £222K to £942K, average is £495K. £4K/m² to £17.2K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£737K06/210.02 mi253a, Glyn Road, London, Greater London E5 0JP3
£620.1K02/210.05 miFlat B, 19, Chippendale Street, London, Greater London E5 0BB3
£761.5K09/210.06 mi26a, Sewdley Street, London, Greater London E5 0AX3
£845K07/230.07 mi50a, Lockhurst Street, London, Greater London E5 0AP3
£420K04/230.11 mi117, Nye Bevan Estate, London, Greater London E5 0AH3
£625.5K12/200.23 miFlat B, 53, Elderfield Road, London, Greater London E5 0LF3
£390K03/210.24 miGround Floor Flat, 44, Powerscroft Road, London, Greater London E5 0PP3
£670K03/210.31 mi36a, Dunlace Road, London, Greater London E5 0NE3
£500K04/210.37 mi23b, Thornby Road, London, Greater London E5 9QL3
£818K03/230.38 miFirst & Second Floor Flat, 54a, Glenarm Road, London, Greater London E5 0LZ3
£542.5K03/210.44 mi7, Dean Close, London, Greater London E9 6ES3
£685K03/210.46 mi69a, Roding Road, London, Greater London E5 0DN3
£645K03/230.46 mi11, Median Road, London, Greater London E5 0PF3
£390K03/230.46 miFlat 65, Kingsmead House, Homerton Road, London, Greater London E9 5QJ3
£506.5K05/210.46 miFlat 21, Northumberland Mansions, Lower Clapton Road, London, Greater London E5 0QX3
£525K10/210.46 miFlat 15, Northumberland Mansions, Lower Clapton Road, London, Greater London E5 0QX3
£290K07/230.47 mi15, Staveley Close, London, Greater London E9 6DY3
£550K01/210.48 mi8, Tresham Walk, London, Greater London E9 6EN3
£545K02/210.51 mi15, Waterloo Close, London, Greater London E9 6EF3
£523K04/210.51 mi14, Waterloo Close, London, Greater London E9 6EF3
£370K04/230.51 mi20, Waterloo Close, London, Greater London E9 6EF3
£690K03/210.51 miFlat 6, Kinnoull Mansions, Rowhill Road, London, Greater London E5 8EB3
£690K03/210.51 miFlat 6, Kinnoull Mansions, Rowhill Road, London, Greater London E5 8EB3
£565K04/210.53 mi28, Halidon Close, London, Greater London E9 6EE3
£595K05/230.55 mi13, Burnett Close, London, Greater London E9 6ET3
£920K01/210.58 mi16a, Powell Road, London, Greater London E5 8DJ3
£476K04/230.62 mi77, Downs Road, London, Greater London E5 8DS3
£385K03/230.62 miFlat 4, Staplehurst House, Clarence Road, London, Greater London E5 8JL3
£475K03/210.63 mi30, Mount Pleasant Hill, London, Greater London E5 9NF3
£942K03/210.64 mi18a, Queensdown Road, London, Greater London E5 8NN3
£445K12/200.67 mi19, Shellness Road, London, Greater London E5 8JU3
£437K02/230.69 miFlat 8, Perrywood House, Pembury Road, London, Greater London E5 8JG3
£460K02/210.7 miFlat 1, Warner House, Barnabas Road, London, Greater London E9 5SF3
£430K12/220.7 mi281, Dalston Lane, London, Greater London E8 1HL3
£500K08/210.71 miFlat 8, Musgrove House, Hassett Road, London, Greater London E9 5SP3
£499.9K10/200.71 mi33a, Mabley Street, London, Greater London E9 5RH3
£360K05/210.74 miFlat 24, Monkton House, Pembury Road, London, Greater London E5 8LY3
£460K01/230.75 mi54, Ballance Road, London, Greater London E9 5SR3
£485K12/200.75 mi38, Ballance Road, London, Greater London E9 5SR3
£450K12/220.75 mi48, Ballance Road, London, Greater London E9 5SR3
£413K05/210.77 miFlat 29, Quested Court, Brett Road, London, Greater London E8 1JS3
£495K06/210.8 miFlat 5, Dycer House, Wick Road, London, Greater London E9 5AS3
£685K10/200.8 mi198b, Brooke Road, London, Greater London E5 8AP3
£222K01/230.83 miFlat 84, Granard House, Bradstock Road, London, Greater London E9 5BW3
£440K01/230.83 miFlat 231, Wrens Park House, Warwick Grove, London, Greater London E5 9LS3
£300K12/200.84 miFlat 26, Selman House, Hedgers Grove, London, Greater London E9 5AP3
£477K01/210.84 mi168d, Evering Road, London, Greater London E5 8AH3
£441.8K08/210.84 mi20, Bakers Hill, London, Greater London E5 9HL3
£441.8K08/210.84 mi20, Bakers Hill, London, Greater London E5 9HL3
£406.6K11/200.85 mi12, Perth Road, London, Greater London E10 7PB3
£385K12/220.88 miFlat 32, Wigan House, Warwick Grove, London, Greater London E5 9JF3

Local Rents

50 rents from £995/mo to £4K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£3,25003/240.05 miCromford Path, Clapton, London, E53
£3,10003/240.11 miChatsworth Road, Hackney, London, E53
£2,40003/240.14 miPedro Street, Hackney3
£2,53004/240.15 miOff Millfields Road, Lower Clapton, Hackney, London, E53
£3,70003/240.16 miPowerscroft Road, Lower Clapton, London, E53
£2,60003/240.19 mi189 Rushmore Road, Lower Clapton, Hackney, E53
£2,60003/240.21 miMayola Road E53
£3,00003/240.21 miMayola Road,3
£3,15002/250.21 mi-3
£2,30004/240.22 miGlyn Road First Floor, Hackney3
£4,00003/240.23 miGlenarm Road, Clapton, Hackney, London, E53
£2,70003/240.26 miPowerscroft Road, Lower Clapton, Hackney, E53
£2,16703/240.29 miDaubeney Road, London, E53
£2,75003/250.33 mi-3
£3,35002/250.36 mi-3
£3,00004/250.38 mi-3
£99501/250.38 mi-3
£2,60002/240.38 mi-3
£3,00003/240.39 mi-3
£2,50001/250.4 mi-3
£2,75012/240.4 mi-3
£2,55001/250.4 mi-3
£3,79603/240.41 miNewick Road, Clapton3
£2,45010/230.45 miGlyn Road, Clapton, London3
£3,40003/240.45 mi-3
£3,40003/240.45 miRoding Road, London, E53
£3,00003/240.45 miMedian Road, Lower Clapton, Hackney, E53
£3,50003/240.47 miThistlewaite Road, Clapton, London, E53
£2,50003/240.47 miRoding Road, Clapton, London, E53
£3,00003/240.48 miLower Clapton Road, Clapton3
£2,40003/240.48 miChurchill Walk, Homerton, Hackney, London, E93
£2,35004/250.48 mi-3
£2,40004/240.49 miKingsmead House, Homerton Road, Hackney, E93
£2,70005/240.5 miHomerton Road, Hackney3
£2,38303/240.52 miHarry Zeital Way, Hackney, London E53
£3,00012/240.53 mi-3
£2,90005/240.53 miHomerton High Street, London, E93
£2,49505/240.53 mi-3
£2,50005/240.53 miEthelbert House, Homerton Road, Hackney, London, E93
£2,50005/240.53 miEthelbert House, Kingsmead Way, Hackney, London, E93
£2,50005/240.53 miHomerton Road, Homerton, London, E93
£2,75005/240.53 miHomerton Road, Homerton, London, E93
£2,50005/240.53 miEthelbert House, Homerton Road, E93
£3,60005/240.53 mi-3
£3,00004/250.53 mi-3
£2,00003/240.54 mi-3
£2,70003/240.54 miWaterfront House E53
£2,80004/240.55 miHomerton Road, Hackney, London, E93
£2,68705/240.55 mi-3
£2,50003/240.55 miBurnett Close, Hackney, E93

Local Area Statistics

Population in E5

47,669

Population in London

4,771,921

Town centre distance

3.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-34%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £825,000

January 6, 2025

Floor Plans

Description

  • Three bedroom Victorian conversion +
  • Private garden +
  • Share of freehold +
  • Polished concrete ceilings +
  • Split level +
  • Close to Millfields Park and the River Lea +
  • Close to Chatsworth Road +

The Home –

This three-bedroom Victorian conversion on Elderfield Road offers a unique blend of style, comfort, and functionality, paired with a vibrant community and excellent location. Large bi-fold doors flood the living space with natural light and open out onto the private garden. Perfectly situated near green spaces, charming cafes, and convenient transport links. Millfields Park, Hackney Marshes, and the Lee Navigation canal are all within a short walk, offering endless opportunities for relaxation. This beautiful and bright space combines a stylish modern design with cosy touches that make it a perfect retreat.

The Indoors -

Walking in, you’ll find one of the three double bedrooms, a versatile space that can serve as a bedroom, home office, or creative studio. With wooden flooring and a window overlooking garden foliage, this room is finished in a dark green that lends a cosy atmosphere, with plenty of space for a double bed and fitted wardrobe if desired. Ahead the living area is bathed in natural light from the double floor-to-ceiling bi-fold doors, which opens directly onto the garden and gives a view of the stunning loquat tree. Wooden flooring runs throughout adding warmth and character. The living area is exceptionally spacious, easily accommodating a three seater sofa and lounge furniture as well as a full size dinning table creating a perfect space for relaxing and entertaining

The kitchen area is seamlessly integrated, featuring sleek, modern fixtures and fittings. Light grey cabinetry and overhead ceiling windows enhance the brightness and airiness of the room, while offering ample storage for utensils and cutlery. The fitted oven, cooker, and fridge-freezer are both practical and stylish. A standalone cabinet adds an island-like feel, perfect for meal prep or casual dining.
Descending the staircase from the living room, you’ll find the lower ground floor. Both bedrooms on this level feature high exposed concreate ceilings and floor-to-ceiling doors openings onto a courtyard.

Adjacent to the main bedroom is the main bathroom, which exudes both comfort and style. Its tiled design is complemented by a bath and fitted shower, with intricate flooring details that add charm and elegance.

Across from the main bedroom is the second bedroom, which offers a unique layout for added privacy. This carpeted room mirrors the style of the main bedroom, complete with an exposed concrete ceiling and floor-to-ceiling windows that lead to the courtyard garden. The light-filled space can easily accommodate a double bed and fitted wardrobe, making it both cosy and functional.

The Outdoors -

The garden is a delightful extension of the home, accessible from both the main living area and lower ground floor. Surrounded by the neighbouring gardens on all three sides, the space is a secluded and quiet retreat. In the summertime, a wall of foliage almost entirely obscures neighbouring properties while the trees of Millfield's park are visible. A tiled section provides the perfect spot for outdoor dining or gatherings, with space for a large dining table and chairs. A grassy area offers potential for gardening or simply enjoying the outdoors. A outdoor staircase connects the lower ground level to the garden, framed by a sleek glass banister for added security and style.

Loving The Location -

Elderfield Road is a short walk from Millfields Park and Chatsworth Road, which runs north from Homerton to Millfield’s Park and Hackney Marshes, offers many independent shops, cafes and restaurants, including Ramen cafe Men and specialist suppliers L’epicerie 56. The high welfare Morgans Butchery, Stone Bros is excellent for coffee, and there is a weekly food market on Sundays. Restaurants such as Uchi, My Neighbours The Dumplings and Lucky & Joy, in addition to the legendary wine bar P. Franco are all moments away in Lower Clapton. The Elderfield is a classic local favourite pub. The Castle Cinema, is independently crowd funded and screens features, as well as classic and contemporary art-house films. Blok gym is a few minutes walk away.

For green open space, just a short walk away is Millfields Park, Hackney Downs Park, Clissold Park, Springfield Park, the Lee Navigation (canal walk), Middlesex Filter Beds Nature Reserve, Woodberry Wetlands nature reserve, and the Stratford Olympic Park, to name but a few. Hackney Marshes is a lush green belt 10 minutes on foot and is perfect for a dog walk, summer picnics, and even a visit to see the horses that live there year round! Using the overground you can also visit Walthamstow wetlands nature reserve and be in Epping forest with 20-30 minutes.

The closest stations are Clapton, Hackney Central and Homerton, which offer direct lines to Liverpool Street in under ten minutes and Highbury & Islington/Stratford international. Numerous bus routes provide swift access into central London and beyond

Agent Details

Love Living, Hackney

020 3893 2910

Next Steps?

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