3 Bed Flat, Single Let, London, E16 1LF, £375,000

Mason Close, E16 1LF, Royal Docks, London, E16 - 7 views - 2 months ago

Leasehold
BTL
ROI: 10%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£120K - £810K
Sold Prices/m²£3.6K/m² - £8.1K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£460,210
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£2,350 - £4,500

Rent Estimate

£2,625

Running Costs/mo

£1,717

Cashflow/mo

£908

Cashflow/yr

£10,898

ROI

10%

Gross Yield

8%

Local Sold Prices

50 sold prices from £120K to £810K, average is £377.5K. £3.6K/m² to £8.1K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£342K12/220.09 mi22, Clements Avenue, London, Greater London E16 3AA3
£340K12/220.18 mi58, Bridgeland Road, London, Greater London E16 3AD3
£295K06/210.63 mi123, Carson Road, London, Greater London E16 4BG3
£305K11/210.63 mi113, Carson Road, London, Greater London E16 4BG3
£310K10/200.69 mi35, Carson Road, London, Greater London E16 4BD3
£360K12/220.88 mi10, Gerald Road, London, Greater London E16 4HX3
£342K05/210.88 mi100, Anne Street, London, Greater London E13 8BY3
£770K03/210.93 mi154, Barrier Point Road, London, Greater London E16 2SE3
£650K04/230.98 mi203, Barrier Point Road, London, Greater London E16 2SF3
£325K03/211.02 mi87, Tollgate Road, London, Greater London E16 3LQ3
£810K12/201.19 mi4, Landons Close, London, Greater London E14 9QQ3
£570K08/231.21 mi320, Boardwalk Place, London, Greater London E14 5SH3
£220K07/221.22 mi562a, Barking Road, Plaistow, London, Greater London E13 9JU3
£330K05/211.22 mi14, Germander Way, London, Greater London E15 3AB3
£120K05/211.22 mi43, Germander Way, London, Greater London E15 3AB3
£330K06/211.26 mi57, Chesterton Terrace, London, Greater London E13 0BZ3
£355K06/211.26 mi14, Willis Street, London, Greater London E14 6NB3
£415K02/231.26 mi8, Willis Street, London, Greater London E14 6NB3
£285K03/211.28 mi19, Emma Road, London, Greater London E13 0DS3
£400K04/211.33 mi28, Brownfield Street, London, Greater London E14 6NE3
£360K01/231.35 mi34, Given Wilson Walk, London, Greater London E13 0EB3
£350K03/211.43 mi11, Atlas Gardens, London, Greater London SE7 7TB3
£400K04/231.52 miFlat 27, Stanborough House, Empson Street, London, Greater London E3 3LY3
£790K02/211.62 miFlat 28, Cubitt Wharf, Storers Quay, London, Greater London E14 3BF3
£375K08/231.67 mi68a, Stopford Road, London, Greater London E13 0LZ3
£335K02/211.67 mi68a, Stopford Road, London, Greater London E13 0LZ3
£425K02/211.69 mi35a, Dupree Road, London, Greater London SE7 7RR3
£430K09/211.69 mi31a, Dupree Road, London, Greater London SE7 7RR3
£425K03/211.69 miFlat C, 72, Woolwich Road, London, Greater London SE10 0JU3
£350K11/201.7 mi200a, Harold Road, London, Greater London E13 0SE3
£395K12/201.76 mi208, Hind Grove, London, Greater London E14 6HP3
£421.3K03/211.77 mi162, Rounton Road, London, Greater London E3 4EX3
£415K05/211.77 mi3, Ormiston Road, London, Greater London SE10 0LJ3
£405K12/211.81 mi16, Tidey Street, London, Greater London E3 4DD3
£360K12/201.82 mi127, Campbell Road, London, Greater London E3 4DP3
£390K12/201.82 mi7a, Station Crescent, London, Greater London SE3 7EQ3
£450K12/201.83 mi104, Bisson Road, London, Greater London E15 2RE3
£475K09/231.83 mi75, Inverine Road, London, Greater London SE7 7NJ3
£280K05/231.84 miFlat 40, Gooding House, Valley Grove, London, Greater London SE7 8AT3
£393K04/231.85 mi6, Plashet Road, London, Greater London E13 0PU3
£327.5K04/211.85 mi14a, Plashet Road, London, Greater London E13 0PU3
£177.5K10/221.85 mi28a, Plashet Road, London, Greater London E13 0PU3
£325K09/221.86 mi241, Lonsdale Avenue, London, Greater London E6 3QA3
£319K09/221.86 mi33, Greatfield Avenue, London, Greater London E6 3RU3
£385K01/231.86 mi37, Greatfield Avenue, London, Greater London E6 3RU3
£395K09/231.91 mi80d, Humber Road, London, Greater London SE3 7LX3
£486K11/201.92 mi3, The Birches, London, Greater London SE7 7PB3
£475K01/211.93 mi36a, Coleraine Road, London, Greater London SE3 7PQ3
£380K11/201.93 mi34b, Coleraine Road, London, Greater London SE3 7PQ3
£450K09/231.93 mi34e, Coleraine Road, London, Greater London SE3 7PQ3

Local Rents

50 rents from £2.4K/mo to £4.5K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£3,00004/240.1 miAtlantic Apartments, Capital East, London, E163
£2,95004/240.1 miAtlantic Apartments, Capital East, London, E163
£3,50004/240.11 mi-3
£3,15003/250.11 mi-3
£3,00003/240.11 miAtlantic Apartments, E163
£3,00004/240.11 miAtlantic Apartments, E163
£2,95005/240.11 miAtlantic Apartments, E163
£2,95005/240.11 miAtlantic Apartments, E163
£2,92505/240.11 miSeagull Lane London E163
£3,35003/240.12 mi-3
£3,00003/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£3,30004/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,50004/240.12 mi-3
£2,50003/240.12 miTarling Road, London, E163
£3,15003/240.12 miWestern Gateway, London, E163
£3,25003/240.12 mi-3
£3,00004/240.14 miWestern Gateway, London, E163
£3,25005/240.14 miWestern Gateway, London, E163
£3,25005/240.14 miWestern Gateway, London, E163
£2,99504/240.14 miThe Oxygen Apartments, Royal Victoria Dock, E163
£3,40003/240.15 mi3 Tidal Basin Road, London, E163
£3,00004/240.15 miAlaska Apartments, Capital East, London, E163
£2,86003/240.15 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£2,70804/240.15 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£2,64305/240.15 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£2,35003/250.16 mi-3
£3,35005/240.17 mi1 Tidal Basin Road, London, E163
£3,30003/240.18 miTidal Basin Road, London3
£3,00005/240.18 miPrince Court, 5 Nelson Street, London, E163
£3,19012/240.19 mi-3
£2,70005/240.21 miIvy Point, 5 Hannaford Walk, Bromley by Bow, London, E3 3TF3
£2,75004/240.23 mi-3
£2,79503/240.23 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£4,50005/240.23 miBalearic Apartments, 15 Western Gateway, London, Greater London, E163
£3,30001/250.23 mi-3
£2,90002/250.23 mi-3
£2,85004/240.23 mi-3
£2,81704/240.23 mi-3
£2,81705/240.23 mi-3
£2,99003/250.23 mi-3
£2,77502/250.23 mi-3
£2,81703/240.23 miWestgate Apartments, 14 Western Gateway, Excel, Royal Victoria Docks, London, E16 1BN3
£2,70003/240.23 miWestern Gateway, E163
£3,00003/240.23 miHeartwell Avenue, London, E163
£3,00004/240.23 miHeartwell Avenue, London, E163
£2,80004/240.23 miHeartwell Avenue, London, E163
£3,00004/240.23 miHeartwell Avenue, London, E163
£2,80005/240.23 miHeartwell Avenue, London, E163

Local Area Statistics

Population in E16

44,880

Population in London

4,771,921

Town centre distance

5.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

-3%

Property History

Listed for £375,000

February 10, 2025

Floor Plans

Description

  • Quiet residential area +
  • Within walking distance to numerous amenities +
  • Large 3 bedroom ground floor flat +
  • Spacious interiors +
  • Large back garden with patio. +

Large 3 bedroom ground floor flat offering spacious interiors, separate kitchen and living room, storage space and well proportioned back garden with patio.

This great property is located in quiet residential area within walking distance to numerous amenities in Caning Town area as well as the Royal Dock. Transport links are also close by in Caning Town area.

Please use the reference CHPK3260232 when contacting Foxtons.

Agent Details

Foxtons, Canary Wharf

020 3909 9891

Next Steps?

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