3 Bed Terraced House, Single Let, London, E15 3DR, £500,000

Meath Road, Stratford, E15 3DR - 3 months ago

BTL

~93 m²

+13 photos

ValuationOvervalued

Sold Prices	£230K - £670K
Sold Prices/m²	£3K/m² - £8K/m²

Square Metres	~93 m²
Price/m²	£5.4K/m²
Value Estimate	£489,176£489,176

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£41,200£41,200
Total Cash In	£166,200£166,200

Cash Out
Rent Range	£650 - £2,999£650 - £2,999
Rent Estimate	£1,744
Running Costs/mo	£1,931£1,931
Cashflow/mo	£-187£-187
Cashflow/yr	£-2,248£-2,248
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £230K to £670K, average is £460K. £3K/m² to £8K/m², average is £5.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£465K	06/22	0.04 mi	89, Meath Road, London, Greater London E15 3DS	-	-	3	Semi-Detached House
£625K	03/21	0.06 mi	9, Harcourt Road, London, Greater London E15 3DX	£8,013	78	3	Terraced House
£450K	04/21	0.09 mi	155, Corporation Street, London, Greater London E15 3DY	£6,000	75	3	Terraced House
£450K	03/21	0.09 mi	162, Corporation Street, London, Greater London E15 3DY	£4,545	99	3	Terraced House
£430K	03/23	0.11 mi	52, Holbrook Road, London, Greater London E15 3EA	-	-	3	Terraced House
£460K	04/21	0.11 mi	91, Eve Road, London, Greater London E15 3DQ	£5,169	89	3	Terraced House
£435K	11/20	0.11 mi	89, Eve Road, London, Greater London E15 3DQ	£4,728	92	3	Terraced House
£430K	04/21	0.14 mi	52, Corporation Street, London, Greater London E15 3HD	£5,309	81	3	Terraced House
£461K	12/22	0.14 mi	3, Morley Road, London, Greater London E15 3HF	-	-	3	Terraced House
£482K	12/20	0.15 mi	45, Corporation Street, London, Greater London E15 3HB	£5,183	93	3	Terraced House
£430K	04/21	0.15 mi	52, Corporation Street, London, Greater London E15 3HD	£5,309	81	3	Terraced House
£477.5K	06/21	0.24 mi	17, Caistor Park Road, London, Greater London E15 3PT	£5,080	94	3	Terraced House
£478.5K	02/21	0.24 mi	34, Caistor Park Road, London, Greater London E15 3PT	£5,130	93	3	Terraced House
£540K	06/21	0.24 mi	67, Holland Road, London, Greater London E15 3BP	-	-	3	Terraced House
£475K	03/21	0.24 mi	94, Abbey Road, London, Greater London E15 3LZ	£5,655	84	3	Terraced House
£435K	01/21	0.24 mi	27, Abbey Road, London, Greater London E15 3JZ	£5,179	84	3	Terraced House
£475K	11/22	0.25 mi	21, Eastbourne Road, Stratford, London, Greater London E15 3LH	£5,337	89	3	Terraced House
£435K	06/21	0.25 mi	136, Geere Road, London, Greater London E15 3PW	£5,649	77	3	Terraced House
£450K	04/23	0.25 mi	1, Stride Road, London, Greater London E13 0EA	£5,000	90	3	Terraced House
£500K	09/21	0.25 mi	121, Geere Road, London, Greater London E15 3PP	£5,952	84	3	Terraced House
£583.7K	04/23	0.26 mi	27, Redriffe Road, London, Greater London E13 0JX	£5,956	98	3	Terraced House
£385K	06/21	0.28 mi	29b, Maud Road, London, Greater London E13 0JT	£4,873	79	3	Terraced House
£230K	06/23	0.29 mi	54, Maud Road, London, Greater London E13 0JU	£3,049	75	3	Terraced House
£370K	01/21	0.29 mi	49, Salmen Road, London, Greater London E13 0DT	£3,304	112	3	Terraced House
£482K	03/22	0.32 mi	33, Richford Road, London, Greater London E15 3PG	-	-	3	Semi-Detached House
£500K	04/21	0.33 mi	32, Skiers Street, London, Greater London E15 3NN	£5,618	89	3	Terraced House
£565K	08/21	0.35 mi	52, Liddington Road, London, Greater London E15 3PJ	£5,000	113	3	Terraced House
£520K	09/23	0.35 mi	41, Beardsfield, London, Greater London E13 0LD	-	-	3	Terraced House
£370K	01/21	0.35 mi	12, Florence Road, Plaistow, London, Greater London E13 0DW	£5,211	71	3	Terraced House
£450K	04/21	0.36 mi	29, Sandal Street, London, Greater London E15 3NP	£5,696	79	3	Terraced House
£442K	05/21	0.36 mi	64, West Road, London, Greater London E15 3PY	£4,510	98	3	Terraced House
£490K	02/23	0.37 mi	5, Lime Walk, London, Greater London E15 4DA	£5,935	83	3	Terraced House
£430K	03/21	0.4 mi	16, Victoria Road, London, Greater London E13 0AE	-	-	3	Terraced House
£460K	03/23	0.41 mi	14, Morton Road, London, Greater London E15 4AN	-	-	3	Terraced House
£400K	06/21	0.43 mi	21, Park Road, London, Greater London E15 3QP	-	-	3	Terraced House
£670K	08/23	0.43 mi	63, East Road, London, Greater London E15 3QS	£5,537	121	3	Terraced House
£420K	12/20	0.44 mi	32, Chesterton Terrace, London, Greater London E13 0DG	£5,676	74	3	Semi-Detached House
£465K	08/23	0.44 mi	21, Chesterton Terrace, London, Greater London E13 0DG	£6,200	75	3	Terraced House
£510K	06/21	0.45 mi	178, Portway, London, Greater London E15 3QW	£6,456	79	3	Terraced House
£500K	11/20	0.46 mi	72, London Road, Plaistow, London, Greater London E13 0DD	£4,808	104	3	Terraced House
£550K	10/20	0.46 mi	147, Vicarage Lane, Stratford, London, Greater London E15 4HJ	£4,264	129	3	Terraced House
£525K	08/21	0.46 mi	173, Vicarage Lane, Stratford, London, Greater London E15 4HJ	-	-	3	Terraced House
£425K	10/21	0.46 mi	17, Atlas Road, London, Greater London E13 0AG	-	-	3	Terraced House
£400K	12/20	0.46 mi	27, Atlas Road, London, Greater London E13 0AG	£5,000	80	3	Terraced House
£435K	05/23	0.46 mi	25, Atlas Road, London, Greater London E13 0AG	-	-	3	Terraced House
£418K	06/21	0.46 mi	20, Chesterton Road, London, Greater London E13 8BA	-	-	3	Terraced House
£407.5K	10/23	0.46 mi	15, Chesterton Road, London, Greater London E13 8BA	-	-	3	Terraced House
£425K	09/21	0.46 mi	35, Atlas Road, London, Greater London E13 0AG	£5,380	79	3	Terraced House
£500K	11/22	0.47 mi	1, Chesterton Road, London, Greater London E13 8BA	-	-	3	Semi-Detached House
£480K	07/21	0.49 mi	28, Stock Street, London, Greater London E13 0BY	-	-	3	Terraced House

Local Rents

50 rents from £650/mo to £3K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,650	03/24	0.05 mi	Harcourt Road, Stratford, London, E15	3	Terraced House
£2,200	04/24	0.05 mi	Meath Road, Stratford, London, E15	3	Terraced House
£2,200	05/24	0.09 mi	-	3	Terraced House
£2,650	04/24	0.09 mi	-	3	Flat
£2,750	03/25	0.09 mi	-	3	Flat
£2,100	03/24	0.13 mi	Holbrook Road, London, E15	3	Flat
£2,500	03/24	0.14 mi	Stratford, London, E15	3	Terraced House
£2,500	03/24	0.17 mi	.Plaistow, Plaistow, London, E15	3	Flat
£2,400	03/24	0.17 mi	Corporation Street, Stratford, E15	3	Flat
£2,700	04/25	0.21 mi	-	3	Flat
£650	02/25	0.24 mi	-	3	Flat
£2,300	04/25	0.28 mi	-	3	Flat
£2,200	05/24	0.29 mi	-	3	Bungalow
£2,400	05/24	0.29 mi	-	3	Bungalow
£2,950	03/24	0.3 mi	Valetta Grove, Plaistow Hub, London, E13	3	Flat
£2,800	04/24	0.3 mi	Plaistow Hub, Valetta Grove, London, E13	3	Flat
£2,400	03/24	0.31 mi	Celandine Way, London, E15	3	Flat
£2,595	04/24	0.31 mi	-	3	Terraced House
£2,595	03/24	0.31 mi	Geere Road, London, E15	3	Terraced House
£2,750	03/24	0.31 mi	Liddington Road E15	3	Terraced House
£2,800	04/24	0.31 mi	-	3	Terraced House
£2,999	05/24	0.31 mi	-	3	Terraced House
£2,300	03/24	0.32 mi	Valetta Grove, London, Greater London, E13	3	Terraced House
£1,900	04/24	0.32 mi	-	3	Flat
£1,900	04/24	0.32 mi	Memorial Avenue, London, E15	3	Flat
£2,500	12/24	0.35 mi	Geere Road, Stratford, London, E15	3	Terraced House
£2,000	03/25	0.37 mi	-	3	Flat
£2,499	02/24	0.37 mi	-	3	Terraced House
£2,400	05/24	0.37 mi	-	3	Terraced House
£2,400	04/24	0.37 mi	Skiers Street, London, E15	3	Terraced House
£2,400	02/24	0.37 mi	-	3	Flat
£2,150	04/24	0.38 mi	West Ham, London, E15	3	Flat
£2,600	04/25	0.39 mi	-	3	Terraced House
£1,950	04/24	0.41 mi	Germander Way \| E15	3	Flat
£2,200	02/25	0.43 mi	-	3	Flat
£2,450	03/24	0.43 mi	Rokeby Street, London, E15	3	Flat
£2,450	04/24	0.43 mi	-	3	Flat
£2,800	04/25	0.44 mi	-	3	Flat
£2,850	04/25	0.44 mi	-	3	Flat
£2,100	04/24	0.45 mi	Manor Road, West Ham E15	3	Flat
£2,600	05/24	0.46 mi	London Road, Plaistow, London, E13	3	Flat
£2,250	04/25	0.46 mi	-	3	Terraced House
£2,300	03/25	0.46 mi	-	3	Flat
£2,500	04/24	0.47 mi	-	3	Terraced House
£2,500	05/24	0.47 mi	Chadd Green, London, E13	3	Terraced House
£2,097	04/24	0.47 mi	Grange Road, Plaistow	3	Flat
£2,800	05/24	0.49 mi	-	3	Flat
£2,800	05/24	0.5 mi	-	3	Flat
£2,600	12/24	0.5 mi	-	3	Terraced House
£2,700	03/24	0.52 mi	Manor Road, London, E15	3	Flat

Local Area Statistics

Population in E15	52,19952,199
Population in London	4,771,9214,771,921
Town centre distance	5 miles away5 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.27 miles away0.27 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

Listed for £500,000

February 8, 2025

Floor Plans

Description

Chain Free +
Three Double Bedrooms +
Through Lounge +
Private Garden +
Easy Reach To West Ham Station +
Potential for Further Development +

A fantastic opportunity to purchase this spacious three bedroom mid-terrace house, offered chain-free and full of potential for further development.

The ground floor features a bright and airy through lounge, a well-proportioned kitchen, and a bathroom with a separate W/C. Upstairs, there are three generous double bedrooms, providing ample space for families or investors. The property also benefits from a private rear garden, ideal for outdoor relaxation or entertaining.

Located on Meath this home is within easy reach of excellent local amenities. It has easy access to the newly developed West Ham Station and Westfield Stratford City, one of Europe’s largest shopping centres, offers a wealth of retail, dining, and entertainment options. Stratford Station provides excellent transport links across London and beyond, making commuting simple and convenient. The beautiful Queen Elizabeth Olympic Park is nearby, offering green spaces for leisure, sports, and outdoor activities. Families will appreciate the selection of great schools in the area, while local markets, supermarkets, and independent shops ensure everyday essentials are always close by.

With huge potential for further development and situated in a highly sought-after location, this property is perfect for first-time buyers, families, or investors looking for a well-connected home. Contact us today to arrange a viewing.

Agent Details

haart, Stratford

020 3917 4081

Next Steps?

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

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