ValuationUndervalued

Sold Prices	£825K - £3.6M
Sold Prices/m²	£5.6K/m² - £34.5K/m²

Square Metres	~178.28 m²
Price/m²	£4.2K/m²
Value Estimate	£1,028,500£1,028,500
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£56,700£56,700
Total Cash In	£244,200£244,200

Cash Out
Room Rate	£1,010£1,010
Gross Rent	£5,050
Running Costs/mo	£4,134£4,134
Cashflow/mo	£916£916
Cashflow/yr	£10,991£10,991
ROI	5%5%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £825K to £3.6M, average is £1.7M. £5.6K/m² to £34.5K/m², average is £9.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£3.0M	10/23	0.18 mi	10, Navarino Grove, Hackney, London E8 1AJ	£34,483	87	5	Detached House
£1.4M	05/21	0.33 mi	50, Greenwood Road, London, Greater London E8 1AB	-	-	5	Terraced House
£3.6M	03/24	0.34 mi	143, Richmond Road, Hackney, London E8 3NJ	£16,009	228	5	Semi-Detached House
£3.6M	03/24	0.34 mi	143, Richmond Road, Hackney, London E8 3NJ	-	-	5	Semi-Detached House
£1.4M	11/22	0.35 mi	49, Darnley Road, London, Greater London E9 6QH	£10,179	140	5	Terraced House
£1.8M	03/24	0.41 mi	6, Powerscroft Road, Hackney, London E5 0PU	-	-	5	Semi-Detached House
£1.8M	03/24	0.44 mi	6, Powerscroft Road, London, Greater London E5 0PU	£6,723	267	5	Semi-Detached House
£3.1M	07/24	0.46 mi	91, Forest Road, Hackney, London E8 3BL	£14,882	211	5	Detached House
£3.1M	07/24	0.46 mi	91, Forest Road, Hackney, London E8 3BL	-	-	5	Detached House
£1.0M	05/23	0.46 mi	61, Median Road, London, Greater London E5 0PJ	£7,874	127	5	Terraced House
£1.3M	08/22	0.49 mi	3, Stannard Road, Hackney, London E8 1DB	£8,933	150	5	Semi-Detached House
£1.3M	10/24	0.54 mi	60, Dunlace Road, London, Greater London E5 0NE	£9,496	139	5	Terraced House
£1.9M	06/21	0.54 mi	21, Parkholme Road, London, Greater London E8 3AG	£8,125	240	5	Terraced House
£1.4M	12/24	0.55 mi	84, Colvestone Crescent, Hackney, London E8 2LJ	£5,643	249	5	Terraced House
£1.2M	02/23	0.57 mi	118, Rushmore Road, London, Greater London E5 0EX	-	-	5	Terraced House
£875K	12/24	0.59 mi	433, Queensbridge Road, Hackney, London E8 3AS	£7,292	120	5	Terraced House
£2.5M	09/24	0.59 mi	27, Cassland Road, Hackney, London E9 7AL	£18,442	138	5	Terraced House
£975K	11/22	0.59 mi	7, Lawley Street, London, Greater London E5 0RJ	-	-	5	Terraced House
£905K	02/25	0.59 mi	1a, Mildenhall Road, Hackney, London E5 0RT	-	-	5	Terraced House
£905K	02/25	0.59 mi	1a, Mildenhall Road, Hackney, London E5 0RT	£7,358	123	5	Terraced House
£2.6M	02/24	0.6 mi	29, Cassland Road, Hackney, London E9 7AL	£10,076	263	5	Semi-Detached House
£2.6M	02/24	0.6 mi	29, Cassland Road, Hackney, London E9 7AL	-	-	5	Semi-Detached House
£875K	12/24	0.6 mi	433, Queensbridge Road, London, Greater London E8 3AS	£7,292	120	5	Terraced House
£1.5M	10/21	0.6 mi	15, Heyworth Road, London, Greater London E5 8DR	-	-	5	Terraced House
£2.7M	09/22	0.61 mi	33, Cassland Road, London, Greater London E9 7AL	£11,996	223	5	Semi-Detached House
£2.7M	09/22	0.61 mi	33, Cassland Road, Hackney, London E9 7AL	£10,786	248	5	Semi-Detached House
£2.7M	09/22	0.61 mi	33, Cassland Road, Hackney, London E9 7AL	-	-	5	Semi-Detached House
£825K	01/25	0.62 mi	17, Laurel Street, Hackney, London E8 3AY	£6,875	120	5	Terraced House
£825K	01/25	0.62 mi	17, Laurel Street, Hackney, London E8 3AY	£6,875	120	5	Terraced House
£825K	01/25	0.62 mi	17, Laurel Street, Hackney, London E8 3AY	-	-	5	Terraced House
£1.3M	05/23	0.64 mi	20, Ainsworth Road, London, Greater London E9 7LP	-	-	5	Terraced House
£1.7M	09/24	0.64 mi	5, Newick Road, Hackney, London E5 0RP	-	-	5	Detached House
£1.6M	10/22	0.66 mi	35, Colvestone Crescent, London, Greater London E8 2LG	-	-	5	Terraced House
£1.4M	06/23	0.67 mi	19, Newick Road, London, Greater London E5 0RP	-	-	5	Terraced House
£1.3M	06/21	0.67 mi	20, Meynell Road, London, Greater London E9 7AP	£9,323	142	5	Terraced House
£1.7M	09/24	0.67 mi	5, Newick Road, London, Greater London E5 0RP	£8,416	202	5	House
£1.3M	04/23	0.67 mi	7, Chelmer Road, London, Greater London E9 6AY	£11,380	114	5	Terraced House
£1.8M	05/24	0.68 mi	34, Meynell Road, Hackney, London E9 7AP	£10,345	174	5	Semi-Detached House
£1.8M	05/24	0.68 mi	34, Meynell Road, Hackney, London E9 7AP	-	-	5	Semi-Detached House
£1.7M	05/23	0.69 mi	20, Thistlewaite Road, London, Greater London E5 0QQ	-	-	5	Terraced House
£1.5M	08/24	0.7 mi	8, Colvestone Crescent, Hackney, London E8 2LH	£8,410	173	5	Terraced House
£1.1M	01/25	0.7 mi	115, Clifden Road, London, Greater London E5 0LW	£10,649	101	5	Terraced House
£1.8M	03/24	0.74 mi	45, Sharon Gardens, Hackney, London E9 7RX	-	-	5	Detached House
£1.8M	03/24	0.74 mi	45, Sharon Gardens, Hackney, London E9 7RX	£8,454	207	5	Detached House
£3.0M	06/21	0.75 mi	43, Groombridge Road, London, Greater London E9 7DP	£15,443	192	5	Terraced House
£1.5M	03/25	0.76 mi	182, Rushmore Road, Hackney, London E5 0HB	-	-	5	Terraced House
£1.8M	06/23	0.76 mi	14, Thornby Road, London, Greater London E5 9QL	£10,736	163	5	Terraced House
£1.6M	06/21	0.76 mi	83, Farleigh Road, London, Greater London N16 7TD	£6,903	226	5	Terraced House
£2.2M	03/24	0.77 mi	42, Sharon Gardens, Hackney, London E9 7RX	£8,429	261	5	Detached House
£2.2M	03/24	0.77 mi	42, Sharon Gardens, Hackney, London E9 7RX	-	-	5	Detached House

Local Area Statistics

Population in E8	39,07139,071
Population in London	4,771,9214,771,921
Town centre distance	2.49 miles away2.49 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.08 miles away0.08 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	-1%-1%

Property History

Price changed to £750,000

February 12, 2025

Listed for £850,000

January 23, 2025

Floor Plans

Description

Five Bedroom, 5 Bathroom HMO Property +
Double Glazed Windows and Sensitively Restored +
Conservatory Leading to a Manintenace Free Garden +
Moments From Vibrant Amenities and Transprot Links +
Excelletn Choice of Primary and Secondary Schools +

We are pleased to offer to auction this investment property with high rental income in a sought-after location, near Hackney Central Station and close to local amenities. The property briefly comprises 5 Bedrooms all ensuite, 2 with their own kitchenette, and garden to the front and rear, currently used as a house with multiple occupancy. The property is newly refurbished to a high standard with all electricals, plumbing and paint/deco replaced and comes fully furnished with tenants in situ. We are advised the property is currently fully tenanted generating approximately £60,600 per annum making it an ideal investment opportunity. The subject property is located along Amhurst Road, a well-located street in Hackney. The nearest tube station is Hackney Central which is only located 358ft away.

Agent Details

Keatons, Hackney

020 3889 5851

Next Steps?

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

5 Bed HMO, London, E8 1LL £750,000