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

Mason Close, E16 1LF, Canning Town, London, E16 - 2 views - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£160K - £1.1M
Sold Prices/m²£3.8K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£363,799

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

£1,900 - £2,850

Rent Estimate

£1,881

Running Costs/mo

£1,568

Cashflow/mo

£313

Cashflow/yr

£3,755

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £160K to £1.1M, average is £322.5K. £3.8K/m² to £7.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£366.5K04/210.1 mi22, Bray Drive, London, Greater London E16 1LD2
£300K01/210.25 mi51, Thorne Close, London, Greater London E16 1LP2
£300K01/210.25 mi51, Thorne Close, London, Greater London E16 1LP2
£332K09/210.5 miFlat 7, Manchester Court, Garvary Road, London, Greater London E16 3GZ2
£287K06/210.65 mi111, Cambus Road, London, Greater London E16 4AX2
£300K03/230.75 mi42, Luton Road, London, Greater London E13 8HD2
£336.7K03/210.75 mi32, Luton Road, London, Greater London E13 8HD2
£297.5K10/220.75 mi22, Luton Road, London, Greater London E13 8HD2
£400K08/220.76 mi65a, New Barn Street, London, Greater London E13 8JY2
£275K10/200.77 mi55, Holborn Road, London, Greater London E13 8PB2
£260K07/220.77 mi3, King Street, London, Greater London E13 8DB2
£1.1M03/210.87 mi47, Starboard Way, London, Greater London E16 2NZ2
£564K02/210.9 mi110, Barrier Point Road, London, Greater London E16 2SD2
£540K04/210.93 mi182, Barrier Point Road, London, Greater London E16 2SE2
£540K06/210.94 mi143, Barrier Point Road, Silvertown, London, Greater London E16 2SE2
£425.1K06/210.94 mi171, Barrier Point Road, London, Greater London E16 2SE2
£336.5K12/220.94 mi49, Tollgate Road, London, Greater London E16 3LB2
£313K07/230.97 mi29, Gentry Gardens, London, Greater London E13 8BS2
£492.5K01/210.98 mi197, Barrier Point Road, London, Greater London E16 2SF2
£437.5K01/241.01 miFlat 220, Maurer Court, John Harrison Way, London, Greater London SE10 0SW2
£330K02/211.01 mi474b, Barking Road, Plaistow, London, Greater London E13 8QB2
£292K01/211.02 mi1, Meredith Street, London, Greater London E13 0EG2
£290K07/211.03 mi5, Grange Road, London, Greater London E13 0EE2
£514K09/231.07 miFlat 103, Alamaro Lodge, Renaissance Walk, London, Greater London SE10 0QU2
£375K06/211.09 mi32, Wards Wharf Approach, London, Greater London E16 2EY2
£315K01/231.14 mi7, Agate Close, London, Greater London E16 3TU2
£300K06/211.14 mi11, Lacewing Close, London, Greater London E13 8AD2
£320K03/231.14 mi30, Lacewing Close, London, Greater London E13 8AD2
£570K08/231.17 miFlat 28, Farnsworth Court, West Parkside, London, Greater London SE10 0QF2
£290K02/211.21 miFlat 3, Darwin Court, Balaam Street, London, Greater London E13 8RB2
£436K06/231.21 miFlat 73, Farnsworth Court, West Parkside, London, Greater London SE10 0RU2
£292K05/211.23 mi10, Greencroft Close, London, Greater London E6 5SY2
£280K01/231.23 mi9, Greencroft Close, London, Greater London E6 5SY2
£160K12/201.25 miFlat 66, Kilby Court, Southern Way, London, Greater London SE10 0PR2
£326.8K10/221.28 mi6, Robin Crescent, London, Greater London E6 5XA2
£320K10/201.31 mi28, Memorial Avenue, London, Greater London E15 3BT2
£302.5K11/201.32 mi21, Holland Road, West Ham, London, Greater London E15 3BP2
£340K04/211.33 mi76, Salmen Road, London, Greater London E13 0DT2
£310K11/201.34 mi47, Durban Road, London, Greater London E15 3BW2
£290K06/211.36 mi6, Perth Road, Plaistow, London, Greater London E13 9DS2
£365K11/211.36 mi1, Landon Walk, London, Greater London E14 0BH2
£275K12/221.38 mi3, Barry Road, London, Greater London E6 5TA2
£325K12/201.38 miFlat 34, Storey House, Cottage Street, London, Greater London E14 0HE2
£286K06/231.4 mi56, Wythes Road, London, Greater London E16 2DN2
£295K06/231.42 mi80, Kerbey Street, London, Greater London E14 6AW2
£193K03/231.42 miFlat 28, Kelson House, Stewart Street, London, Greater London E14 3JQ2
£620K02/231.46 mi37, Meridian Place, London, Greater London E14 9FE2
£475K06/211.46 mi2, Meridian Place, London, Greater London E14 9FE2
£500K06/211.46 mi22, Meridian Place, London, Greater London E14 9FE2
£520K02/211.48 miFlat 33, Van Gogh Court, Amsterdam Road, London, Greater London E14 3UY2

Local Rents

50 rents from £1.9K/mo to £2.9K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00004/240.06 miRathbone Market, Canning Town, London, E162
£2,57504/240.06 miNautilus Apartments, Canning Town, London, E162
£2,57505/240.06 miNautilus Apartments, Canning Town, London, E162
£2,50002/250.1 mi-2
£2,35003/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E162
£2,40005/240.12 miGateway Tower, 28 Western Gateway, London, E162
£2,45003/240.12 miGateway Tower, 28 Western Gateway, London, E162
£2,30003/240.12 miWestern Gateway, London2
£2,50004/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E162
£2,35003/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E162
£2,50003/240.12 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E162
£2,40005/240.13 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E162
£1,95004/240.13 miOceanis Apartments, London, E162
£2,30003/240.13 mi-2
£1,95005/240.13 mi-2
£2,14503/240.13 miOceanis Appartments, 19 Seagull Lane, Royal Victoria Docks, Canary Wharf, London, E16 1BY2
£2,10004/250.13 mi-2
£2,35001/250.13 mi-2
£2,00003/240.13 miDocklands Excel, London, E162
£1,95004/240.13 miOceanis Apartments, Seagull Lane, London E162
£2,50003/240.14 miAlaska Apartments, 22 Western Gateway, Royal Victoria, London, E162
£2,40004/240.14 miAlaska Apartments, Western Gateway E162
£2,40005/240.14 miAlaska Apartments, Royal Victoria Dock,162
£2,50002/240.14 mi-2
£2,38304/240.14 miAdriatic Apartment, Western Gateway, Royal Victoria Docks, London, E16 1BT2
£2,20003/250.14 mi-2
£2,50003/250.14 mi-2
£2,75003/250.14 mi-2
£2,81703/240.14 miSeagull Lane, Royal Docks, London, E162
£2,50004/240.15 mi1 Tidal Basin Road, London, E162
£2,85001/250.15 mi-2
£2,30003/240.15 miAdriatic Apartments, 20 Western Gateway, Royal Victoria, London, E162
£1,90004/240.15 miThe Oxygen, London, E162
£1,90004/240.15 mi-2
£2,50004/240.15 mi3 Tidal Basin Road, London, E162
£2,20005/240.15 mi1 Tidal Basin Road, London, E162
£2,20002/240.15 mi-2
£2,80002/250.15 mi-2
£2,25304/240.15 miThe Oxygen, 18 Western Gateway2
£2,75004/240.15 miThe Oxygen Apartments, Royal Victoria Dock, E162
£2,25005/240.15 miThe Oxygen Apartments, Royal Victoria Dock, E162
£2,40005/240.15 mi3 Tidal Basin Road, Royal Victoria, London, E162
£2,49205/240.15 miOxygen Apartments, Western Gateway, Royal Victoria Docks, E162
£2,50003/250.16 mi-2
£2,34004/240.16 miOxygen Building, 18 Western Gateway, Royal Victoria, Canary Wharf, E16 1BL2
£2,40003/240.16 miHoola East Tower, 3 Tidal Basin Way, E162
£2,50003/240.16 miTidal Basin Road, London2
£2,10004/250.16 mi-2
£2,00004/250.16 mi-2
£2,55004/240.16 miHoola, East Tower, Royal Docks, E162

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 11, 2025

Floor Plans

Description

  • Stunning 2 bedroom apartment +
  • Located on the second floor +
  • Quiet residential area +
  • Within walking distance to numerous amenities +
  • Stylish kitchen +
  • Generous bedrooms +
  • Immaculately presented throughout +

This stunning 2 bedroom apartment is set on the second floor boasts a fantastic reception room with dining space, a modern fitted kitchen and two ample bedrooms and plenty of storage.

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 Canning Town area.

Please use the reference CHPK3260245 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 💪