2 Bed Flat, Single Let, London, E12 6BF, £325,000

Snowshill Road, Manor Park, London, E12 6BF - 2 months ago

Leasehold

BTL

ROI: 4%

~68 m²

+11 photos

ValuationUndervalued

Sold Prices	£129K - £425K
Sold Prices/m²	£2.3K/m² - £8.2K/m²

Square Metres	~68.11 m²
Price/m²	£4.8K/m²
Value Estimate	£352,205£352,205
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£102,450£102,450

Cash Out
Rent Range	£1,500 - £2,250£1,500 - £2,250
Rent Estimate	£1,696
Running Costs/mo	£1,375£1,375
Cashflow/mo	£321£321
Cashflow/yr	£3,854£3,854
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £129K to £425K, average is £302.5K. £2.3K/m² to £8.2K/m², average is £5.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	01/21	0.05 mi	52, Snowshill Road, London, Greater London E12 6BB	-	-	2	Flat
£320K	08/22	0.09 mi	134, Queensberry Place, London, Greater London E12 6UW	£5,366	60	2	Flat
£307.5K	03/21	0.11 mi	132, Queensberry Place, London, Greater London E12 6UW	£4,805	64	2	Flat
£330K	09/22	0.11 mi	104, Queensberry Place, London, Greater London E12 6UW	£5,762	57	2	Flat
£305K	01/21	0.11 mi	115, Queensberry Place, London, Greater London E12 6UW	£5,259	58	2	Flat
£312K	02/21	0.11 mi	127, Queensberry Place, London, Greater London E12 6UW	£4,199	74	2	Flat
£300K	05/23	0.11 mi	107, Queensberry Place, London, Greater London E12 6UW	£5,357	56	2	Flat
£325K	12/22	0.13 mi	97, Queensberry Place, London, Greater London E12 6UW	£5,040	64	2	Flat
£315K	08/22	0.14 mi	69, Queensberry Place, London, Greater London E12 6UN	£4,632	68	2	Flat
£311.5K	06/21	0.16 mi	1, Queensberry Place, London, Greater London E12 6UN	£5,371	58	2	Flat
£297K	03/23	0.16 mi	41, Queensberry Place, London, Greater London E12 6UN	£5,211	57	2	Flat
£317K	04/21	0.16 mi	14, Queensberry Place, London, Greater London E12 6UN	-	-	2	Flat
£350K	03/21	0.26 mi	43a, Carlyle Road, London, Greater London E12 6BL	-	-	2	Flat
£175K	04/21	0.31 mi	198, Halley Road, London, Greater London E12 6UD	£3,500	50	2	Flat
£254K	06/21	0.31 mi	244, Halley Road, London, Greater London E12 6UD	£4,980	51	2	Flat
£330K	07/22	0.32 mi	Flat, 42b, Essex Road, London, Greater London E12 6RE	-	-	2	Flat
£310K	11/22	0.34 mi	15, Saints Drive, London, Greater London E7 0RF	£5,448	57	2	Flat
£283K	11/22	0.35 mi	83, Forest View Road, London, Greater London E12 5HU	£4,422	64	2	Flat
£413.1K	06/21	0.37 mi	22, Forest Drive, London, Greater London E12 5DF	£6,430	64	2	Flat
£322.5K	03/21	0.37 mi	9, Forest Drive, London, Greater London E12 5DF	£5,119	63	2	Flat
£275K	11/20	0.38 mi	270a, Strone Road, London, Greater London E12 6TP	£6,111	45	2	Flat
£295K	06/21	0.44 mi	168a, Shakespeare Crescent, London, Greater London E12 6NB	£5,175	57	2	Flat
£380K	01/23	0.48 mi	142, Windsor Road, London, Greater London E7 0RB	£6,007	63	2	Flat
£320K	07/22	0.48 mi	Flat A, 202, Sheringham Avenue, London, Greater London E12 5PQ	£6,275	51	2	Flat
£295K	12/20	0.5 mi	16a, Chesterford Road, London, Greater London E12 6LB	-	-	2	Flat
£292K	06/21	0.52 mi	55a, Birchdale Road, London, Greater London E7 8AS	-	-	2	Flat
£225K	02/21	0.52 mi	13a, Birchdale Road, London, Greater London E7 8AS	-	-	2	Flat
£412K	08/22	0.52 mi	130b, Claremont Road, London, Greater London E7 0PX	-	-	2	Flat
£295K	08/22	0.53 mi	86b, Sheringham Avenue, London, Greater London E12 5PE	-	-	2	Flat
£310K	12/22	0.58 mi	522a, Katherine Road, London, Greater London E7 8EA	£5,167	60	2	Flat
£240.5K	06/21	0.58 mi	552, Katherine Road, London, Greater London E7 8EA	£2,969	81	2	Flat
£296.8K	06/23	0.61 mi	171, Gainsborough Avenue, London, Greater London E12 6JN	£5,396	55	2	Flat
£400K	06/21	0.64 mi	24, Barrington Road, London, Greater London E12 6JH	-	-	2	Flat
£245K	11/22	0.65 mi	Flat 46, Charlbury House, Grantham Road, Manor Park, London, Greater London E12 5NR	-	-	2	Flat
£235K	08/22	0.65 mi	First Floor Flat, 14, Stafford Road, London, Greater London E7 8NN	-	-	2	Flat
£410K	09/21	0.68 mi	78, Ridley Road, London, Greater London E7 0LT	£8,200	50	2	Flat
£410K	09/21	0.68 mi	78, Ridley Road, London, Greater London E7 0LT	£8,200	50	2	Flat
£312.4K	01/21	0.72 mi	64b, Burges Road, London, Greater London E6 2BH	-	-	2	Flat
£360K	12/20	0.74 mi	112a, Hampton Road, London, Greater London E7 0NU	-	-	2	Flat
£129K	04/23	0.74 mi	1027, Romford Road, Manor Park, London, Greater London E12 5LH	£2,345	55	2	Flat
£280K	06/23	0.74 mi	62a, Leigh Road, London, Greater London E6 2AS	£6,087	46	2	Flat
£360K	02/23	0.74 mi	74, Leigh Road, London, Greater London E6 2AS	£4,737	76	2	Flat
£230K	05/21	0.8 mi	198, Burges Road, London, Greater London E6 2BS	£4,107	56	2	Flat
£425K	06/21	0.81 mi	78, Capel Road, London, Greater London E7 0JR	£6,967	61	2	Flat
£275K	12/20	0.84 mi	54a, Caulfield Road, London, Greater London E6 2EN	£4,934	56	2	Flat
£280K	06/21	0.86 mi	82, Plashet Grove, London, Greater London E6 1AB	£4,667	60	2	Flat
£207.5K	06/21	0.87 mi	56, Pretoria Road, Ilford, Greater London IG1 2HW	£3,144	66	2	Flat
£129K	03/21	0.87 mi	75, Lavender Place, Ilford, Greater London IG1 2BG	£2,389	54	2	Flat
£235K	05/23	0.87 mi	81, Lavender Place, Ilford, Greater London IG1 2BG	£7,833	30	2	Flat
£200K	09/22	0.87 mi	107, Lavender Place, Ilford, Greater London IG1 2BG	£4,348	46	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	01/25	0.06 mi	-	2	Flat
£1,750	04/24	0.14 mi	Salisbury Road	2	Terraced House
£1,800	01/25	0.14 mi	-	2	Flat
£1,800	05/24	0.15 mi	-	2	Flat
£1,700	04/25	0.15 mi	-	2	Flat
£2,000	01/25	0.16 mi	-	2	Flat
£1,950	04/25	0.16 mi	-	2	Flat
£1,750	03/24	0.16 mi	-	2	Flat
£1,650	03/24	0.18 mi	Sherrard Road, E12	2	Flat
£1,690	04/25	0.19 mi	-	2	Flat
£1,850	01/25	0.19 mi	-	2	Flat
£1,900	05/24	0.21 mi	Romford Road, Manor Park, London, E12	2	Flat
£1,750	02/25	0.22 mi	-	2	Flat
£1,500	03/25	0.22 mi	-	2	Flat
£1,850	03/24	0.23 mi	Third Avenue, London, E12	2	Flat
£1,990	03/25	0.24 mi	-	2	Semi-Detached House
£2,100	12/24	0.24 mi	-	2	Terraced House
£1,700	04/25	0.25 mi	-	2	Flat
£2,150	03/25	0.25 mi	-	2	Flat
£1,600	05/24	0.28 mi	Sheridan Road, London, E12 6QY	2	Flat
£2,200	03/25	0.3 mi	-	2	Terraced House
£1,500	05/24	0.3 mi	-	2	Semi-Detached House
£1,800	04/25	0.34 mi	-	2	Flat
£1,800	04/25	0.34 mi	-	2	Flat
£1,950	12/24	0.34 mi	-	2	Flat
£1,850	02/25	0.34 mi	-	2	Flat
£1,800	04/25	0.35 mi	-	2	Flat
£2,000	02/25	0.36 mi	-	2	Flat
£2,050	01/25	0.36 mi	-	2	Flat
£2,250	03/25	0.36 mi	-	2	Flat
£2,000	04/25	0.36 mi	-	2	Flat
£1,900	05/24	0.38 mi	Manor Park, London, E12	2	Flat
£1,950	02/25	0.39 mi	-	2	Flat
£1,650	04/25	0.39 mi	-	2	Flat
£1,700	05/24	0.4 mi	-	2	Flat
£1,700	05/24	0.4 mi	Ground Floor, London, E12	2	Flat
£1,875	02/24	0.4 mi	-	2	Flat
£1,725	02/24	0.4 mi	-	2	Flat
£1,795	03/25	0.4 mi	-	2	Flat
£1,900	03/24	0.41 mi	Browning Road, London, E12 6PB	2	Flat
£1,600	02/24	0.41 mi	-	2	Flat
£1,800	05/24	0.42 mi	-	2	Flat
£1,900	05/24	0.42 mi	London, E12	2	Flat
£1,600	04/25	0.42 mi	-	2	Flat
£1,725	05/24	0.43 mi	-	2	Flat
£1,750	04/24	0.43 mi	Washington Avenue, London, E12	2	Flat
£1,800	05/24	0.43 mi	-	2	Flat
£1,900	02/25	0.46 mi	-	2	Flat
£1,750	01/25	0.46 mi	-	2	Flat
£1,500	01/25	0.47 mi	-	2	Flat

Local Area Statistics

Population in E12	41,86941,869
Population in London	4,771,9214,771,921
Town centre distance	6.83 miles away6.83 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £325,000

February 19, 2025

Floor Plans

Description

Beautifully presented throughout +
Two bedrooms +
Spacious open kitchen and living room +
Two balconies +
Private allocated parking space +
Close to Manor park station +

An immaculately presented two-bedroom apartment with allocated parking space situated in Star House on Snowshills Road, Manor Park E12.
This property has been renovated to a high standard by the current owner and well maintained throughout making it a perfect purchase.
The property is spacious throughout and comprises of an open plan reception room with sleek and stylish fitted kitchen, which has been perfectly laid out offering an attractive island with gas cooker. You have access to the first private balcony via the reception room.
This modern apartment has two well-appointed and well-presented bedrooms. You have access to the second balcony via bedroom one and this property is completed by a sleek bathroom with three-piece suite. Early viewing is highly recommended.

Snowshills Road is a quiet residential road situated off church road which is within easy access of Manor Park Elizabeth Line Station, local schools, shopping facilities, bus services and Wanstead Flats green space and recreational area.

Agent Details

Bairstow Eves, East Ham

020 3872 3729

Next Steps?

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

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