2 Bed Flat, Single Let, London, E15 2PP, £350,000

High Street, London, E15 2PP - 2 months ago

Leasehold

BTL

ROI: 5%

~72 m²

+9 photos

ValuationUndervalued

Sold Prices	£226K - £1.2M
Sold Prices/m²	£3K/m² - £11.9K/m²

Square Metres	~72.30 m²
Price/m²	£4.8K/m²
Value Estimate	£428,603£428,603
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£23,700£23,700
Total Cash In	£111,200£111,200

Cash Out
Rent Range	£1,850 - £4,099£1,850 - £4,099
Rent Estimate	£1,988
Running Costs/mo	£1,511£1,511
Cashflow/mo	£477£477
Cashflow/yr	£5,720£5,720
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

48 sold prices from £226K to £1.2M, average is £370K. £3K/m² to £11.9K/m², average is £5.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£323.7K	12/20	0.19 mi	Flat 56, Corbin House, Bromley High Street, London, Greater London E3 3BQ	-	-	2	Flat
£330K	10/20	0.25 mi	20, Bisson Road, London, Greater London E15 2RD	£5,000	66	2	Flat
£275K	08/21	0.27 mi	2, Otter Close, London, Greater London E15 2PZ	£4,661	59	2	Flat
£367K	06/21	0.27 mi	8, Otter Close, London, Greater London E15 2PZ	£6,016	61	2	Flat
£370K	04/21	0.27 mi	43, Otter Close, London, Greater London E15 2PZ	£6,736	55	2	Flat
£353K	02/21	0.27 mi	100, Otter Close, London, Greater London E15 2PX	£6,193	57	2	Flat
£300K	11/20	0.28 mi	Flat 6, Dorrington Point, Bromley High Street, London, Greater London E3 3EL	-	-	2	Flat
£372.5K	06/23	0.29 mi	79, Otter Close, London, Greater London E15 2PT	£4,862	77	2	Flat
£320K	04/23	0.3 mi	34, Brymay Close, London, Greater London E3 2SY	£6,163	52	2	Flat
£393K	06/21	0.31 mi	144, Bow Road, London, Greater London E3 3AH	-	-	2	Flat
£332K	06/21	0.41 mi	Flat 22, Denbury House, Talwin Street, London, Greater London E3 3JB	-	-	2	Flat
£412.7K	12/22	0.46 mi	82a, Bow Road, London, Greater London E3 4DL	£5,685	73	2	Flat
£430K	12/21	0.51 mi	7b, Tomlins Grove, London, Greater London E3 4NX	£6,466	67	2	Flat
£301.5K	03/23	0.61 mi	Flat 32, Wellington Buildings, Wellington Way, London, Greater London E3 4NA	-	-	2	Flat
£455K	06/23	0.62 mi	Flat 22, Marina Court, Alfred Street, London, Greater London E3 2BH	-	-	2	Flat
£355K	02/21	0.62 mi	Flat 17, Astra House, Alfred Street, London, Greater London E3 2BA	-	-	2	Flat
£226K	03/23	0.63 mi	198, Campbell Road, London, Greater London E3 4ED	£2,975	76	2	Flat
£370K	08/21	0.63 mi	220, Campbell Road, London, Greater London E3 4ED	£5,692	65	2	Flat
£390K	04/23	0.66 mi	73, Hewison Street, London, Greater London E3 2HZ	£5,821	67	2	Flat
£332K	03/21	0.68 mi	170, Rounton Road, London, Greater London E3 4EX	£5,030	66	2	Flat
£340K	03/21	0.68 mi	110, Rounton Road, London, Greater London E3 4EX	£5,075	67	2	Flat
£365K	02/21	0.72 mi	Flat 6, Barford House, Tredegar Road, London, Greater London E3 5HP	-	-	2	Flat
£411.3K	09/21	0.73 mi	113, Fairfoot Road, London, Greater London E3 4EJ	£5,961	69	2	Flat
£343K	03/21	0.73 mi	159, Fairfoot Road, London, Greater London E3 4EJ	£5,310	65	2	Flat
£417K	04/23	0.78 mi	1, Regal Place, London, Greater London E3 2BG	£8,653	48	2	Flat
£500K	06/21	0.79 mi	7, Eden Way, London, Greater London E3 2JD	£9,434	53	2	Flat
£555K	09/21	0.79 mi	8, Eden Way, London, Greater London E3 2JD	£7,603	73	2	Flat
£572K	06/21	0.8 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£572K	06/21	0.8 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£320K	10/20	0.81 mi	28, Memorial Avenue, London, Greater London E15 3BT	£5,079	63	2	Flat
£310K	11/20	0.83 mi	47, Durban Road, London, Greater London E15 3BW	£4,471	69	2	Flat
£360K	02/23	0.84 mi	Flat 65, Winford House, Jodrell Road, London, Greater London E3 2LF	-	-	2	Flat
£265.5K	10/21	0.85 mi	Flat 24, Bracken House, Devons Road, London, Greater London E3 3RG	-	-	2	Flat
£380K	06/23	0.85 mi	465, Mile End Road, London, Greater London E3 4PA	-	-	2	Flat
£500K	05/23	0.87 mi	128, Antill Road, London, Greater London E3 5BN	-	-	2	Flat
£302.5K	11/20	0.89 mi	21, Holland Road, West Ham, London, Greater London E15 3BP	£5,216	58	2	Flat
£400K	12/22	0.91 mi	1, Barnby Street, London, Greater London E15 4PY	£5,405	74	2	Flat
£325K	08/21	0.91 mi	9, Barnby Street, London, Greater London E15 4PY	£4,851	67	2	Flat
£365K	06/23	0.91 mi	9, Chopwell Close, London, Greater London E15 4RP	£6,655	55	2	Flat
£415K	08/23	0.92 mi	Flat 13, Brine House, St Stephens Road, London, Greater London E3 5PG	-	-	2	Flat
£440K	02/21	0.93 mi	27b, Ropery Street, London, Greater London E3 4QH	-	-	2	Flat
£460K	12/22	0.94 mi	96, Hitchin Square, London, Greater London E3 5QF	-	-	2	Flat
£375K	08/21	0.97 mi	14, Locksons Close, London, Greater London E14 6BH	£6,466	58	2	Flat
£390K	06/21	0.98 mi	6, Gerry Raffles Square, London, Greater London E15 1BG	-	-	2	Flat
£380K	06/21	0.98 mi	31, Gerry Raffles Square, London, Greater London E15 1BG	£6,909	55	2	Flat
£1.2M	08/21	0.99 mi	40, Medway Road, London, Greater London E3 5BY	£11,431	102	2	Flat
£415K	01/21	0.99 mi	119, Gerry Raffles Square, London, Greater London E15 1BQ	£5,895	70	2	Flat
£360K	10/20	0.99 mi	56, Gerry Raffles Square, London, Greater London E15 1BG	£7,018	51	2	Flat

Local Rents

50 rents from £1.9K/mo to £4.1K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	04/24	0 mi	High Street, London, E15	2	Flat
£2,500	03/25	0.01 mi	-	2	Flat
£4,099	12/24	0.03 mi	-	2	Flat
£2,349	03/24	0.03 mi	High Street, Stratford	2	Flat
£2,000	04/24	0.03 mi	Central House, 32-66 High Street, London, E15	2	Flat
£2,199	03/25	0.03 mi	-	2	Flat
£2,500	04/24	0.03 mi	-	2	Flat
£2,500	04/24	0.03 mi	-	2	Flat
£2,500	05/24	0.03 mi	-	2	Flat
£2,500	04/24	0.03 mi	Sky View Tower, 12 High Street, Stratford, London, E15	2	Flat
£2,600	03/24	0.03 mi	Sky View Tower, 12 High Street, E15	2	Flat
£2,375	04/24	0.03 mi	Sky View Tower, 12 High Street, London, E15	2	Flat
£2,500	10/23	0.04 mi	Sky View Tower,High Street, London, E15	2	Flat
£2,548	03/24	0.04 mi	Sky View Tower, Stratford E15	2	Flat
£2,550	03/24	0.04 mi	High Street, London, E15	2	Flat
£2,500	03/24	0.04 mi	High Street, London, E15	2	Flat
£2,500	04/24	0.04 mi	High Street, London, E15	2	Flat
£2,500	04/24	0.04 mi	High Street, London, E15	2	Flat
£2,500	12/24	0.04 mi	High Street, London, E15	2	Flat
£2,550	05/24	0.04 mi	High Street, London, E15	2	Flat
£2,000	03/24	0.04 mi	High Street, Stratford, E15	2	Flat
£2,350	03/24	0.05 mi	-	2	Flat
£2,200	04/24	0.05 mi	High Street, Stratford	2	Flat
£2,200	05/24	0.05 mi	-	2	Flat
£2,200	05/24	0.05 mi	Thomas Frye Court, London, E15	2	Flat
£2,100	02/24	0.05 mi	-	2	Flat
£2,500	05/24	0.05 mi	-	2	Flat
£2,000	03/24	0.05 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,100	04/24	0.05 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,300	02/25	0.05 mi	-	2	Flat
£2,600	04/24	0.06 mi	-	2	Flat
£2,600	03/24	0.06 mi	High Street, London, E15	2	Flat
£2,160	02/24	0.06 mi	-	2	Flat
£2,250	04/24	0.06 mi	Thomas Frye Court, High Street, London, E15	2	Flat
£2,300	03/24	0.07 mi	Highland Street London E15	2	Flat
£2,000	03/25	0.08 mi	-	2	Flat
£2,000	03/24	0.08 mi	Central house High Street, London, E15	2	Flat
£1,850	03/24	0.08 mi	Central House \| Stratford High Street \| E15	2	Flat
£2,000	03/24	0.08 mi	High Street, London, E15	2	Flat
£2,000	05/24	0.08 mi	Central house High Street, London, E15	2	Flat
£2,000	02/24	0.08 mi	-	2	Flat
£2,000	03/24	0.08 mi	-	2	Flat
£2,000	03/24	0.09 mi	Central House, High Street, London, E15	2	Flat
£2,200	03/24	0.09 mi	-	2	Flat
£2,100	03/24	0.09 mi	-	2	Flat
£2,100	02/25	0.09 mi	-	2	Flat
£2,200	02/25	0.09 mi	-	2	Flat
£2,200	02/25	0.09 mi	-	2	Flat
£1,900	02/25	0.09 mi	-	2	Flat
£2,000	03/25	0.09 mi	-	2	Flat

Local Area Statistics

Population in E15	52,19952,199
Population in London	4,771,9214,771,921
Town centre distance	4.01 miles away4.01 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.26 miles away0.26 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+16%+16%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Price changed to £350,000

February 20, 2025

Listed for £380,000

January 30, 2025

Floor Plans

Description

Guide Price £350,000 - £375,000

This outstanding and spacious two bedroom fourth floor apartment situated within the ever popular One Stratford development offering impressive views of the City skyline. This penthouse-style property offers floor to ceiling windows in the lounge, and is situated moments from Queen Elizabeth Olympic Park and enhanced by an exceptional sized private balcony.

Stylish and contemporary in design, it embodies all that is attractive about 21st century living. This apartment boasts an open plan living kitchen area, complete with high specification integrated appliances and plenty of natural light. The property offers unparalleled urban views and benefits from its own private balcony overlooking the beautifully manicured communal gardens.

This gated development is located on the borders of Stratford and Bow, and therefore occupies a highly convenient position where all you could possibly need is in one location. Local facilities include Queen Elizabeth Olympic Park, Aquatics Centre and Stratford Westfield, including nearby independent gems in Bow and Sugar House Island, such as the ever popular Print House bar as well as independent co-working spaces.

Council Tax Band D.

Agent Details

Bairstow Eves, Stratford

020 3873 5835

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents