2 Bed Terraced House, Single Let, London, E15 2GU, £475,000

Sky View Tower, 12 High Street, Stratford, London, E15 2GU - a month ago

Leasehold

BTL

ROI: 1%

~70 m²

+13 photos

ValuationUndervalued

Sold Prices	£260K - £1.0M
Sold Prices/m²	£4.4K/m² - £12.9K/m²

Square Metres	~69.96 m²
Price/m²	£6.8K/m²
Value Estimate	£584,250£584,250
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£38,700£38,700
Total Cash In	£157,450£157,450

Cash Out
Rent Range	£1,850 - £4,099£1,850 - £4,099
Rent Estimate	£2,000
Running Costs/mo	£1,904£1,904
Cashflow/mo	£96£96
Cashflow/yr	£1,148£1,148
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

28 sold prices from £260K to £1.0M, average is £515K. £4.4K/m² to £12.9K/m², average is £8.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£543.5K	06/21	0.24 mi	23, Wrexham Road, London, Greater London E3 2TJ	£9,100	60	2	Terraced House
£480K	01/23	0.28 mi	25, Bisson Road, London, Greater London E15 2RD	£6,000	80	2	Terraced House
£985K	04/22	0.46 mi	15, Douro Street, London, Greater London E3 2TS	-	-	2	Detached House
£260K	04/21	0.59 mi	Flat 1, Marina Court, Alfred Street, London, Greater London E3 2BH	-	-	2	Semi-Detached House
£585K	02/21	0.64 mi	30, Hewison Street, London, Greater London E3 2HY	-	-	2	Terraced House
£765K	11/22	0.68 mi	175, Swaton Road, London, Greater London E3 4EP	£9,444	81	2	Terraced House
£497.5K	06/21	0.71 mi	383b, Old Ford Road, London, Greater London E3 2LU	£9,950	50	2	Terraced House
£385K	06/21	0.76 mi	34, Mortham Street, London, Greater London E15 3LS	£4,695	82	2	Terraced House
£520K	04/23	0.76 mi	39, Malmesbury Road, London, Greater London E3 2EB	-	-	2	Terraced House
£500K	06/23	0.76 mi	27, Malmesbury Road, London, Greater London E3 2EB	-	-	2	Terraced House
£490K	09/21	0.78 mi	86, Pond Road, London, Greater London E15 3BE	£8,971	55	2	Terraced House
£425K	01/23	0.81 mi	5, Richardson Road, London, Greater London E15 3BB	£6,439	66	2	Terraced House
£490K	05/22	0.81 mi	1, Rokeby Street, London, Greater London E15 3NS	£7,206	68	2	Semi-Detached House
£595K	02/21	0.81 mi	13, St Stephens Road, London, Greater London E3 5JD	£12,935	46	2	Terraced House
£435K	06/21	0.85 mi	47, Marriott Road, London, Greater London E15 4QF	£6,493	67	2	Semi-Detached House
£435K	06/21	0.85 mi	47, Marriott Road, London, Greater London E15 4QF	£6,493	67	2	Semi-Detached House
£425K	06/21	0.87 mi	65, Pitchford Street, London, Greater London E15 4RZ	£7,589	56	2	Terraced House
£410K	12/20	0.89 mi	19, Pitchford Street, London, Greater London E15 4RZ	£6,613	62	2	Semi-Detached House
£535K	07/23	0.91 mi	32, Lyal Road, London, Greater London E3 5QG	£12,621	42	2	Terraced House
£610K	12/20	0.93 mi	30, Ropery Street, London, Greater London E3 4QG	£8,472	72	2	Terraced House
£605K	12/21	0.93 mi	30a, Ropery Street, London, Greater London E3 4QG	£8,955	68	2	Terraced House
£510K	03/21	0.94 mi	1, Stoneleigh Mews, London, Greater London E3 5RX	£7,846	65	2	Terraced House
£1.0M	12/20	0.95 mi	27, Morgan Street, London, Greater London E3 5AA	-	-	2	Terraced House
£665K	03/21	0.95 mi	5, Pembroke Mews, London, Greater London E3 5AW	£11,083	60	2	Terraced House
£440K	03/21	0.98 mi	51, Ranelagh Road, Stratford, London, Greater London E15 3DP	£4,427	99	2	Terraced House
£950K	09/21	0.98 mi	27, Hewlett Road, London, Greater London E3 5NA	£10,835	88	2	Terraced House
£950K	06/21	0.99 mi	25, Aberavon Road, London, Greater London E3 5AR	-	-	2	Terraced House
£950K	10/20	0.99 mi	12, Aberavon Road, London, Greater London E3 5AR	£9,794	97	2	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£2,500	04/24	0 mi	Sky View Tower, 12 High Street, Stratford, London, E15	2	Flat
£2,500	04/24	0 mi	-	2	Flat
£2,500	04/24	0 mi	-	2	Flat
£2,500	05/24	0 mi	-	2	Flat
£2,708	04/25	0 mi	-	2	Flat
£2,600	03/24	0 mi	Sky View Tower, 12 High Street, E15	2	Flat
£2,375	04/24	0 mi	Sky View Tower, 12 High Street, London, E15	2	Flat
£2,500	10/23	0 mi	Sky View Tower,High Street, London, E15	2	Flat
£2,548	03/24	0 mi	Sky View Tower, Stratford E15	2	Flat
£2,550	03/24	0 mi	High Street, London, E15	2	Flat
£2,500	03/24	0 mi	High Street, London, E15	2	Flat
£2,500	04/24	0 mi	High Street, London, E15	2	Flat
£2,500	04/24	0 mi	High Street, London, E15	2	Flat
£2,500	12/24	0 mi	High Street, London, E15	2	Flat
£2,550	05/24	0 mi	High Street, London, E15	2	Flat
£4,099	12/24	0.01 mi	-	2	Flat
£2,000	04/24	0.01 mi	Central House, 32-66 High Street, London, E15	2	Flat
£2,600	04/24	0.03 mi	-	2	Flat
£2,600	03/24	0.03 mi	High Street, London, E15	2	Flat
£2,200	04/24	0.03 mi	High Street, London, E15	2	Flat
£2,400	04/25	0.04 mi	-	2	Flat
£2,160	02/24	0.05 mi	-	2	Flat
£2,250	04/24	0.05 mi	Thomas Frye Court, High Street, London, E15	2	Flat
£2,349	03/24	0.06 mi	High Street, Stratford	2	Flat
£2,199	03/25	0.06 mi	-	2	Flat
£2,000	03/24	0.07 mi	High Street, Stratford, E15	2	Flat
£2,350	03/24	0.07 mi	-	2	Flat
£2,200	04/24	0.07 mi	High Street, Stratford	2	Flat
£2,100	02/24	0.07 mi	-	2	Flat
£2,500	05/24	0.07 mi	-	2	Flat
£2,000	03/24	0.07 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,100	04/24	0.07 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,300	02/25	0.08 mi	-	2	Flat
£2,300	03/24	0.08 mi	Highland Street London E15	2	Flat
£2,200	05/24	0.08 mi	-	2	Flat
£2,200	05/24	0.08 mi	Thomas Frye Court, London, E15	2	Flat
£2,000	03/25	0.09 mi	-	2	Flat
£2,000	03/24	0.11 mi	Central house High Street, London, E15	2	Flat
£1,850	03/24	0.11 mi	Central House \| Stratford High Street \| E15	2	Flat
£2,000	03/24	0.11 mi	High Street, London, E15	2	Flat
£2,000	05/24	0.11 mi	Central house High Street, London, E15	2	Flat
£2,000	02/24	0.11 mi	-	2	Flat
£2,000	03/24	0.11 mi	-	2	Flat
£2,000	03/24	0.11 mi	Central House, High Street, London, E15	2	Flat
£2,200	03/24	0.11 mi	-	2	Flat
£2,100	03/24	0.11 mi	-	2	Flat
£2,100	02/25	0.11 mi	-	2	Flat
£2,200	02/25	0.11 mi	-	2	Flat
£1,900	02/25	0.12 mi	-	2	Flat
£2,000	04/25	0.12 mi	-	2	Flat

Local Area Statistics

Population in E15	52,19952,199
Population in London	4,771,9214,771,921
Town centre distance	3.99 miles away3.99 miles away
Nearest school	0.20 miles away0.20 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

Price changed to £475,000

March 16, 2025

Listed for £500,000

March 4, 2025

Floor Plans

Description

2 Bedroom 2 Bathroom Apartment +
30th Floor With Panoramic City Views +
Approx. 753 Sq Ft +
24 Hour Concierge +
Video Phone Entry +
Resident's Only Gym +
Communal roof terrace +
0.2 miles to Pudding Mill Lane +

LiFE Residential is excited to offer this 2-bedroom, 2-bathroom apartment on the 30th floor of Sky View Tower with an overall size of 753 sq. ft. Enjoy breathtaking views of East London from the generous lounge and winter garden, complemented by a fully equipped modern kitchen. With two spacious double bedrooms, the master suite benefits from built-in wardrobes and an en-suite bathroom.

Perfectly situated just 0.2 miles from Pudding Mill Lane DLR station, this location provides convenient access to The City and is only one stop from Stratford Station, one of London’s busiest transport hubs.

Service Charge £4274 per annum approx
Ground Rent £400 per annum approx
Borough of Newham
Council Tax Band D £1,724
EPC B

Agent Details

Life Residential, Canary Wharf Office - Sales

020 3668 1030

Next Steps?

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

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