2 Bed Flat, Single Let, London, E5 9GX £425,000

Woodmill Road, By Canal and Millfields Park, E5 9GX - 10 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~56 m²
Property image

ValuationUndervalued

Sold Prices£260K - £875K
Sold Prices/m²£5.1K/m² - £11.2K/m²

 

 

Square Metres

~55.70 m²
Price/m²£7.6K/m²

Value Estimate

£433,749
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,950

Rent Estimate

£1,762

Running Costs/mo

£1,701

Cashflow/mo

£61

Cashflow/yr

£738

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £260K to £875K, average is £484.5K. £5.1K/m² to £11.2K/m², average is £7.8K/m².

Price
Date
Distance
Address
Beds
 
£455.5K05/230.03 miFlat 17, Bamboo Court, Woodmill Road, London, Greater London E5 9GJ2
£335K04/250.06 miFlat 11, Lockwood House, Harry Zeital Way, Hackney, London E5 9RE2
£405K06/230.07 miFlat 17, Aster Court, Woodmill Road, London, Greater London E5 9GB2
£478K07/250.08 miFlat 36, Bellevalia Court, Woodmill Road, Hackney, London E5 9PD2
£478K03/250.18 miFlat 32, Mountside Walk, Leaside Road, Hackney, London E5 9QF2
£603.8K02/250.21 mi81, Mount Pleasant Lane, Hackney, London E5 9EW2
£366K03/250.25 miFlat 5, 56, Bakers Hill, Hackney, London E5 9HL2
£390K01/230.27 miFlat 12, Valley House, Harrington Hill, London, Greater London E5 9HA2
£413K06/210.34 miFlat 216, Wrens Park House, Warwick Grove, London, Greater London E5 9LR2
£430K01/250.39 miHendale House, Flat 8, Upper Clapton Road, Hackney, London E5 8BB2
£425K03/250.39 mi24, Beaumont Court, Upper Clapton Road, Hackney, London E5 8BG2
£390K10/210.4 miFlat 24, Beaumont Court, Upper Clapton Road, London, Greater London E5 8BG2
£400K03/230.4 miFlat 40, Beaumont Court, Upper Clapton Road, London, Greater London E5 8BG2
£550K01/250.41 mi242-244, Flat 7, Evering Road, Hackney, London E5 8AJ2
£772.8K09/210.41 mi57, Upper Clapton Road, London, Greater London E5 8AY2
£720K04/230.45 mi62, Fletching Road, London, Greater London E5 9QR2
£695K08/250.45 miBasement Flat, 228, Evering Road, Hackney, London E5 8AJ2
£548K06/250.45 miFlat 1, 62, Thistlewaite Road, Hackney, London E5 0QQ2
£548K06/250.45 miFlat 1, 62, Thistlewaite Road, Hackney, London E5 0QQ2
£366K01/230.45 miFlat 29, Lea View House, Springfield, London, Greater London E5 9DX2
£550K04/230.48 miFlat A, 56, Ickburgh Road, London, Greater London E5 8AD2
£675K01/230.49 miFlat B, 136, Mildenhall Road, London, Greater London E5 0RZ2
£575K03/250.5 mi14, Walton Close, Hackney, London E5 0BZ2
£390K05/230.55 miFlat 5, Stapleford House, Geldeston Road, London, Greater London E5 8RT2
£566K04/230.56 mi86b, Nightingale Road, London, Greater London E5 8NB2
£491K05/250.59 miFlat 4, 64, Filey Avenue, Hackney, London N16 6JJ2
£343K05/230.6 mi38c, Filey Avenue, London, Greater London N16 6JJ2
£450K08/250.61 mi158, Nye Bevan Estate, Hackney, London E5 0AH2
£875K03/230.62 mi67a, Mayola Road, London, Greater London E5 0RF2
£477.5K01/250.65 mi151, Beck Square, London E10 7FZ2
£725K05/230.67 mi101a, Powerscroft Road, London, Greater London E5 0PT2
£630K03/230.67 mi44, Northwold Road, London, Greater London E5 8RN2
£440K02/250.67 mi68, Beck Square, London E10 7FW2
£450K03/250.67 mi75, Beck Square, London E10 7FW2
£430K01/250.68 mi282, Beck Square, Leyton E10 7GE2
£575K06/210.68 mi22b, Alconbury Road, London, Greater London E5 8RH2
£645K09/210.69 mi160, Brooke Road, London, Greater London N16 7RR2
£625K02/250.7 mi128, Flat 4, Lower Clapton Road, Hackney, London E5 0QR2
£825K02/250.71 mi115, Flat A, Brooke Road, Hackney, London N16 7RJ2
£320K02/250.72 mi58, Monteagle Way, Hackney, London E5 8JF2
£662K06/250.73 miFlat 6, 2, Queensdown Road, Hackney, London E5 8NN2
£662K06/250.73 miFlat 6, 2, Queensdown Road, Hackney, London E5 8NN2
£260K06/230.73 mi135b, Clarence Road, London, Greater London E5 8EE2
£800K05/250.74 mi2, Otto Buildings, Downs Road, Hackney, London E5 8DE2
£800K05/250.74 mi2, Otto Buildings, Downs Road, Hackney, London E5 8DE2
£550K06/250.75 miFlat 6, 152, Clarence Road, Hackney, London E5 8DY2
£407K11/210.75 miFlat 2, Elm House, Brooke Road, London, Greater London N16 7RH2
£405K10/230.75 miFlat 3, Elm House, Brooke Road, London, Greater London N16 7RH2
£410K10/240.76 mi86, Cricketfield Road, London, Greater London E5 8NS2
£665K09/230.77 mi21d, Maury Road, London, Greater London N16 7BP2

Local Rents

50 rents from £1.5K/mo to £3K/mo, average is £2.2K/mo.

Rent
Date
Distance
Address
Beds
 
£2,60012/240.01 mi-2
£2,20009/250.01 miWoodmill Road, Clapton, London, E52
£2,20005/250.03 mi-2
£2,10006/250.05 miWoodmill Road, London2
£2,10007/250.05 miWoodmill Road, Hackney E52
£1,90006/250.05 miWalnurt Court, Woodmill Road, Hackney2
£2,20001/250.06 mi-2
£2,15003/250.06 mi-2
£2,16703/250.06 mi-2
£2,08003/250.06 mi-2
£2,10004/250.06 mi-2
£2,00004/250.06 mi-2
£2,21005/250.06 mi-2
£2,25007/250.06 miBramble Court, Woodmill Road, Clapton, Hackney, E52
£2,10009/250.06 miHarry Zeital Way, London, E52
£2,00005/250.07 miRiverside Close, Hackney2
£1,90005/250.07 mi-2
£1,99510/250.07 miRiverside Close, London, E52
£1,75606/250.07 mi-2
£1,50010/250.07 mi-2
£1,70004/250.07 mi-2
£2,00003/240.07 miAster Court, Woodmill Road, Hackney2
£1,85003/240.07 miWoodmill Road, By Canal and Millfields Park, E52
£2,10008/250.07 mi-2
£2,25010/250.07 mi-2
£2,20008/250.07 miRiverside Close, London, E52
£2,25010/250.07 miRiverside Close, London, E52
£1,85003/240.07 miRiverside Close, Lee Vally Park / Upper Clapton E5 2
£2,25003/240.08 miWoodmill Road, London2
£2,25009/250.08 miWoodmill Road, London2
£2,20001/250.08 mi-2
£2,00003/240.08 mi-2
£1,90008/250.08 miRiverside Close, Hackney, E52
£1,89511/250.08 miRiverside Close, London, E52
£1,95011/250.08 mi-2
£2,49012/240.08 mi-2
£2,49002/250.08 mi-2
£2,25002/250.08 mi-2
£2,60011/250.08 miEllington House, London, E52
£2,95005/250.08 mi-2
£2,60011/250.08 mi-2
£2,60003/240.08 miWoodmill Road, London, E52
£2,50003/240.08 mi-2
£2,20003/240.09 miBellevalia Court, Woodmill Road, Hackney2
£2,50007/250.09 miBellevalia Court, Woodmill Road, Hackney2
£2,30005/250.09 mi-2
£1,80006/250.1 miRiverside Close, London, E52
£2,20010/250.1 miSouthwold Road, London, E52
£1,90004/240.1 miRiverside Close, Hackney, E52
£2,00011/250.1 miFenland House, Harry Zeital Way, London, E52

Local Area Statistics

Population in E5

47,669

Population in London

4,771,921

Town centre distance

3.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £425,000

March 8, 2025

Listed for £450,000

January 29, 2025

Sold for £415,000

2017

Sold for £250,000

2007

Floor Plans

Property image

Description

  • GUIDE PRICE £425,000 - £450,000 +
  • CHAIN FREE POSSIBLE +
  • SOUTH FACING, FLOOR TO CEILING WINDOWS +
  • REFURBISHED TO HIGH SPEC +
  • BRIGHT AND SPACIOUS +
  • CINEMATIC VIDEO TOUR AVAILABLE +
  • CLOSE TO STATION +
  • CLOSE TO CANAL AND PARK +

FULLY REFURBISHED TO HIGH SPEC THROUGHOUT | FLOOR TO CEILING SOUTH FACING WINDOWS | UPPER FLOOR WITH GREAT VIEWS | EXTREMELY BRIGHT WITH DUAL ASPECT WINDOW ROOMS | STYLISH KITCHEN WITH PENINSULA | PRIVATE UNDERBLOCK CAR SPACE | SECONDS FROM RIVER LEA CANAL WALK | CLOSE TO PARKS AND AMENITIES...

GUIDE PRICE £425,000 - £450,000...

If you are looking for a well-proportioned apartment in beautifully refurbished yet homely condition, within the heart of Hackney, this two double bedroom apartment, with an underblock parking space, which is only a short stroll to the River Lea, Millfields Park, Hackney Marshes and Lea Valley Park is for you. Being on a high floor gives gorgeous sky-line views and allows an influx of natural light through the numerous vast windows.

A stunning focal point of this apartment is the fully open plan living space with plenty of room for seating, dining, an upgraded, fully fitted bespoke kitchen with peninsula whilst still offering plenty of room for a children’s play space and is completed with built in storage . This room is extremely bright due to being on a high upper floor with floor to ceiling, nearly wall to wall and dual aspect windows facing South and West, catching morning to evening sun. The room offers a gorgeous thick wooden floor, neutral colour tones and masses of clever storage solutions. Despite only having been built 14 years ago this property has undergone complete refurbishment by the current owners and oozes of style and character that continues with a beautiful bathroom providing an oasis to relax in, with the added bonus of clever storage solutions being added.

Both bedrooms are good sizes, with floor to ceiling windows facing South and West. They have views of the communal greens to the front of the property and being on a high floor gives privacy. Neutral décor and modern fixtures feature in both rooms.

Underneath Walnut Court is a secure, gated, underblock car park with lift access. There is a designated spot for this apartment and secure bike storage can simply be added. This is a great feature to have with easy access directly to the apartment from the secure car park, especially when raining.

This gorgeous home further benefits from an all new heating system, beautiful thick wooden flooring throughout, a long lease, extra secure entry, 2 x internal storage cupboards including utility room, masses of kerb appeal and well-kept communal space.

Brilliantly located for a variety of buyers, this spacious apartment is moments away from the River Lea, Hackney Marshes and Millfields Park which offers a lovely large child’s playground, walking routes and sports courts.

Clapton is the nearest station with excellent transport links throughout London. It is 12 minutes on the Overground to Liverpool Street, a short drive to Westfield Stratford and Olympic Park and only a 30 minute journey to King Cross.

An array of local and larger retail stores, restaurants, bars and cafes are on your doorstep with Upper Clapton Road whilst Chatsworth Road, a walk through Millfields North Park, is popular for its Sunday Market and variety of stores.

The property is within the catchment area of the ‘Outstanding’ rated Ofsted Schools of Southwold Primary School which is a 3 minute walk away, whilst there are two ‘Outstanding’ nurseries within a 10 minute walk.

All the above make this a perfect property and location for an array of buyers, from first time single buyers, those with 1 or 2 children and buy to let investors.

GUIDE PRICE £425,000 - £450,000 ...

Lease: 132 years remaining

Ground Rent: £201.20 per annum

Service Charge: £2,350 per annum inc reserve funds

Parking Availability: Yes.

Agent Details

bigmove estate agents, Hackney

020 3897 1949

Next Steps?

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