2 Bed Terraced House, Single Let, London, E15 3BH, £400,000

Wakelin Road, Stratford, E15 3BH - 3 months ago

Sold STC
BTL
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£279K - £537.5K
Sold Prices/m²£4.1K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£450,411
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£122,700

 

 

Cash Out

 

Rent Range

£1,300 - £2,800

Rent Estimate

£1,705

Running Costs/mo

£1,611

Cashflow/mo

£94

Cashflow/yr

£1,128

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £279K to £537.5K, average is £427.5K. £4.1K/m² to £10.4K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£425K01/230.05 mi5, Richardson Road, London, Greater London E15 3BB2
£490K09/210.08 mi86, Pond Road, London, Greater London E15 3BE2
£440K03/210.15 mi51, Ranelagh Road, Stratford, London, Greater London E15 3DP2
£420K04/230.2 mi142, Corporation Street, London, Greater London E15 3DY2
£385K06/210.23 mi34, Mortham Street, London, Greater London E15 3LS2
£440K06/210.24 mi3, Holbrook Road, London, Greater London E15 3DZ2
£430K12/220.26 mi21, Harcourt Road, London, Greater London E15 3DX2
£442.5K02/210.27 mi36, Holbrook Road, London, Greater London E15 3EA2
£400K06/210.31 mi10, Willis Road, London, Greater London E15 3HH2
£525K11/220.32 mi86, Corporation Street, London, Greater London E15 3HD2
£490K05/220.37 mi1, Rokeby Street, London, Greater London E15 3NS2
£435K06/210.4 mi47, Marriott Road, London, Greater London E15 4QF2
£435K06/210.4 mi47, Marriott Road, London, Greater London E15 4QF2
£370K03/210.45 mi60, Salmen Road, London, Greater London E13 0DT2
£417.5K06/210.47 mi118, Emma Road, London, Greater London E13 0DR2
£417.5K06/210.47 mi118, Emma Road, London, Greater London E13 0DR2
£425K06/210.47 mi65, Pitchford Street, London, Greater London E15 4RZ2
£410K12/200.48 mi19, Pitchford Street, London, Greater London E15 4RZ2
£415K03/230.48 mi322, Grange Road, London, Greater London E13 0HQ2
£410K05/230.49 mi2, Helena Road, London, Greater London E13 0DU2
£386K08/230.49 mi45, Helena Road, London, Greater London E13 0DU2
£352.5K07/210.5 mi72a, Evesham Road, London, Greater London E15 4AJ2
£330K01/230.5 mi16, Helena Road, London, Greater London E13 0DU2
£279K05/230.5 mi187a, Vicarage Lane, Stratford, London, Greater London E15 4HJ2
£425K01/230.53 mi106, Emma Road, London, Greater London E13 0DR2
£364.5K11/200.53 mi10, Ladysmith Road, London, Greater London E16 4NR2
£448.5K08/230.55 mi107, Tennyson Road, Stratford, London, Greater London E15 4DR2
£387K04/210.55 mi76, Pretoria Road, London, Greater London E16 4NP2
£440K04/230.55 mi28, Faringford Road, London, Greater London E15 4DW2
£465K06/210.55 mi10, Faringford Road, London, Greater London E15 4DW2
£472K05/230.58 mi8, Mafeking Road, London, Greater London E16 4NS2
£440K03/230.58 mi17, Faringford Road, London, Greater London E15 4DP2
£421K04/210.58 mi48, Aldworth Road, London, Greater London E15 4DL2
£501.3K01/210.58 mi78, Aldworth Road, London, Greater London E15 4DL2
£445K10/200.59 mi9, Aldworth Road, London, Greater London E15 4DN2
£537.5K06/230.6 mi117, East Road, London, Greater London E15 3QS2
£480K01/230.6 mi25, Bisson Road, London, Greater London E15 2RD2
£400K10/230.63 mi14, Turnstone Close, London, Greater London E13 0HN2
£390K09/230.65 mi60, Stock Street, London, Greater London E13 0BY2
£363K06/210.65 mi41, Turnstone Close, London, Greater London E13 0HW2
£355K08/210.65 mi55, Turnstone Close, London, Greater London E13 0HW2
£405K02/230.66 mi43, Turnstone Close, London, Greater London E13 0HW2
£460K03/210.66 mi93, Tennyson Road, London, Greater London E15 4DJ2
£532.5K12/210.66 mi41, Tennyson Road, Stratford, London, Greater London E15 4DJ2
£442K02/210.66 mi75, Tennyson Road, London, Greater London E15 4DJ2
£450K01/210.66 mi64, Vernon Road, London, Greater London E15 4DG2
£496.5K11/200.67 mi85, Vernon Road, Stratford, London, Greater London E15 4DQ2
£495K11/200.67 mi73, Vernon Road, Stratford, London, Greater London E15 4DQ2
£425K03/230.67 mi69, Vernon Road, Stratford, London, Greater London E15 4DQ2
£430K06/210.67 mi31, Vernon Road, Stratford, London, Greater London E15 4DQ2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,99902/250.06 mi-2
£2,38304/240.07 miCorporation Street, London, E152
£1,85001/250.08 mi-2
£1,85001/250.08 mi-2
£1,85001/250.08 mi-2
£1,68504/240.08 miPond Road, Stratford E152
£2,00003/240.1 miCorporation Street London E152
£2,00004/240.1 miCorporation Street London E152
£1,85004/240.1 miCorporation Street London E152
£1,80003/240.14 miAlan Hocken Way, West Ham, E152
£1,60003/240.14 miJack Clow Road, West Ham, E152
£1,95001/250.15 mi-2
£1,85001/250.15 mi-2
£1,80003/240.15 miAlan Hocken Way, West Ham, E152
£1,80005/240.16 mi-2
£1,85004/240.16 mi-2
£1,80004/240.16 mi-2
£1,80003/240.16 miJack Clow Road, London, E152
£1,90004/240.16 miJack Clow Road, London, E152
£1,80004/240.16 miJack Clow Road, London, E152
£1,90005/240.16 miJack Clow Road, London, E152
£1,73904/240.19 miAbbey Road, London, E152
£1,76604/240.19 miAbbey Road, London, E152
£1,30004/240.22 miHarcourt Road2
£2,65003/250.25 mi-2
£2,08004/240.29 mi-2
£2,10005/240.29 mi-2
£2,10003/250.3 mi-2
£2,20002/250.32 mi-2
£2,45003/250.34 mi-2
£2,80005/240.35 mi-2
£2,80012/240.35 mi-2
£2,70012/240.35 mi-2
£2,10005/240.35 miWest Ham Lane, Stratford Village, E152
£2,45003/250.35 mi-2
£2,15004/240.35 miElmgreen Close, Stratford, London, E152
£1,80012/240.37 mi-2
£1,79504/240.37 miPlaistlow Road, Stratford, London, E152
£2,00003/240.38 miBarnby Street, Stratford, E152
£2,25005/240.39 miCaistor Park Road, Stratford, London, E152
£2,38304/240.4 miMarriott Road, London, E152
£2,00503/240.43 miLondon Road, Plaistow Hub, London, E132
£2,02503/240.43 miLondon Road, Plaistow Hub, London, E132
£1,95001/250.44 mi-2
£1,85003/240.45 miHallings Wharf Studios, Channelsea Road, Stratford, E152
£2,19012/240.45 mi-2
£2,74303/250.45 mi-2
£2,74312/240.45 mi-2
£2,25003/240.45 miHallings Wharf, Stratford, London, E152
£2,25003/240.45 miHallings Wharf Studios, Stratford, London, E152

Local Area Statistics

Population in E15

52,199

Population in London

4,771,921

Town centre distance

4.82 miles away

Nearest school

0.10 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £400,000

February 4, 2025

Listed for £425,000

January 17, 2025

Floor Plans

Description

  • VICTORIAN MID-TERRACE +
  • TWO BEDROOMS +
  • TWO RECEPTIONS +
  • KITCHEN +
  • GROUND FLOOR BATHROOM +
  • REAR GARDEN +
  • LOCATED FOR ABBEY ROAD DLR +
  • LOCAL AMENITIES +
  • EASY REACH OF WESTFIELD SHOPPING CENTRE +
  • BEING OFFERED CHAIN FREE +

Guide Price: £425,000 - £445,000
This delightful two-bedroom Victorian terrace house offers a perfect blend of classic character and modern convenience. With two well-proportioned reception rooms, this property provides ample space for both relaxation and entertaining. The kitchen is functional and well-equipped, providing ample space for culinary pursuits. It is designed to cater to your everyday needs, making meal preparation a pleasure. The ground floor bathroom adds to the practicality of the home.

The location is particularly advantageous, with Abbey Road DLR station and West Ham station nearby, providing excellent transport links via the Jubilee, District, and Hammersmith & City lines. This makes commuting to central London and beyond both easy and efficient.

For those who enjoy shopping and leisure activities, the renowned Westfield Shopping Centre is just a stone's throw away, offering a plethora of retail options, dining experiences, and entertainment facilities. Additionally, the proximity to the Olympic Park provides a fantastic opportunity for outdoor activities and events.

This Victorian terrace house is not just a home; it is a lifestyle choice, perfectly situated to take advantage of the vibrant community and amenities that Stratford has to offer. Whether you are a first-time buyer or looking for a sound investment, this property is sure to impress. Do not miss the chance to make this charming house your new home.

Lounge - 3.68m x 2.79m (12'1" x 9'2") - Double glazed bay window to front, wall mounted radiator, carpet flooring.

Reception Two - 3.68m x 2.77m (12'1" x 9'1") -

Kitchen - 3.02m x 2.24m (9'11" x 7'4") - Range of wall and base units, roll top work surface, sink and drainer, wall mounted boiler, tiled splash backs, double glazed window to side, door leading to rear garden, access to bathroom.

Garden -

First Floor -

Bedroom One - 3.78m x 3.15m (12'5" x 10'4") - Two double glazed windows to front, carpet flooring, wall mounted radiator.

Bedroom Two - 3.15m x 2.90m (10'4" x 9'6") - Double glazed window to front, carpet flooring, wall mounted radiator.

Bathroom - 2.34m x 1.80m (7'8" x 5'11") - Three piece suite comprising of panelled bath with electric shower, bath, wash basin, low level w.c, wall mounted radiator, double glazed window to side and rear.

Agent Details

Hunters, Plaistow

020 3910 6037

Next Steps?

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