3 Bed Terraced House, Single Let, London, E16 3AE, £400,000

Elbury Drive, London, E16 3AE - 3 views - 23 days ago

BTL
ROI: 7%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£332.5K - £610K
Sold Prices/m²£3.5K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£481,025
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£2,300 - £4,500

Rent Estimate

£2,500

Running Costs/mo

£1,770

Cashflow/mo

£730

Cashflow/yr

£8,760

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £332.5K to £610K, average is £435K. £3.5K/m² to £7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£435K05/210.02 mi6, Boreham Avenue, London, Greater London E16 3AG3
£436K11/200.02 mi50, Boreham Avenue, London, Greater London E16 3AG3
£425K12/220.02 mi5, Boreham Avenue, London, Greater London E16 3AG3
£520K01/230.13 mi34, Murray Square, Custom House, London, Greater London E16 3AL3
£420K11/200.16 mi14, Pollard Close, London, Greater London E16 1LG3
£490K06/210.2 mi6, Appleby Road, London, Greater London E16 1LQ3
£410K04/210.26 mi34, Bray Drive, London, Greater London E16 1LD3
£505K04/210.26 mi29, Bray Drive, London, Greater London E16 1LD3
£520K10/220.27 mi20, South Molton Road, London, Greater London E16 1PE3
£570K12/220.32 mi14, Scoulding Road, London, Greater London E16 1NT3
£440K10/200.35 mi18, Ruscoe Road, London, Greater London E16 1JB3
£332.5K12/220.38 mi40, Devonshire Road, London, Greater London E16 3NB3
£415K01/230.38 mi21, Gresham Road, East Ham, London, Greater London E16 3DU3
£360K03/230.39 mi64, Varley Road, London, Greater London E16 3NS3
£391K11/200.4 mi92, Varley Road, London, Greater London E16 3NS3
£590K03/210.4 mi1, De Quincey Mews, London, Greater London E16 1SU3
£535K03/210.41 mi69, Varley Road, London, Greater London E16 3NR3
£478K03/210.41 mi103, Varley Road, London, Greater London E16 3NR3
£610K01/230.41 mi6, Capulet Mews, London, Greater London E16 1SQ3
£590K05/210.42 mi7, Hanover Avenue, London, Greater London E16 1SD3
£380K01/210.42 mi2, Mortlake Road, London, Greater London E16 3NT3
£600K10/220.43 mi14, Fairfax Mews, London, Greater London E16 1TY3
£425K06/210.43 mi61, Shipman Road, London, Greater London E16 3DT3
£604K12/200.43 mi8, Constable Avenue, London, Greater London E16 1TZ3
£475K11/220.45 mi11, Beaulieu Avenue, London, Greater London E16 1TS3
£468K10/220.49 mi29, Evelyn Road, London, Greater London E16 1TU3
£470K12/220.53 mi6, Bernard Cassidy Street, London, Greater London E16 4DB3
£555K02/210.53 mi3, Eclipse Road, London, Greater London E13 8LX3
£570K04/210.59 mi32, Boxley Street, London, Greater London E16 2AN3
£460K01/210.59 mi58, Boxley Street, London, Greater London E16 2AN3
£435K03/230.62 mi52, Hayday Road, London, Greater London E16 4AZ3
£435K02/230.63 mi44, Young Road, London, Greater London E16 3RR3
£400K05/210.64 mi31, Avenons Road, London, Greater London E13 8HU3
£395K07/210.65 mi30, Malmesbury Terrace, London, Greater London E16 4PL3
£413K06/210.65 mi249, Newhaven Lane, London, Greater London E16 4HJ3
£435K05/210.65 mi106, Cumberland Road, London, Greater London E13 8LR3
£435K11/200.66 mi54, Avenons Road, London, Greater London E13 8HT3
£360K02/210.67 mi37, Westport Road, London, Greater London E13 8NW3
£461K12/210.69 mi7, Seaton Close, London, Greater London E13 8JJ3
£447K03/210.7 mi46, Botha Road, London, Greater London E13 8PQ3
£410K06/210.71 mi70, Colman Road, London, Greater London E16 3LY3
£411K07/230.71 mi35, Palmer Road, London, Greater London E13 8NU3
£405K02/210.71 mi24, Palmer Road, London, Greater London E13 8NT3
£350K03/210.72 mi9, Randolph Approach, London, Greater London E16 3HU3
£360K07/230.73 mi33, Garfield Road, London, Greater London E13 8EN3
£380K05/210.74 mi1, Ohio Road, London, Greater London E13 8EL3
£380K09/210.75 mi66, Jenkins Road, London, Greater London E13 8NP3
£380K03/210.77 mi6, Adine Road, London, Greater London E13 8LL3
£465K01/210.78 mi18, Percy Road, London, Greater London E16 4RB3
£442K06/210.78 mi116, Colman Road, London, Greater London E16 3LZ3

Local Rents

50 rents from £2.3K/mo to £4.5K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£3,19012/240.05 mi-3
£2,35003/250.05 mi-3
£2,30003/240.12 mi-3
£2,70005/240.16 miIvy Point, 5 Hannaford Walk, Bromley by Bow, London, E3 3TF3
£2,99504/240.16 miThe Oxygen Apartments, Royal Victoria Dock, E163
£3,50003/240.16 miSeagull Lane, London, E163
£3,25004/240.16 miGalleria House, London, E163
£4,50002/250.17 mi-3
£3,00004/240.18 miAtlantic Apartments, Capital East, London, E163
£2,95004/240.18 miAtlantic Apartments, Capital East, London, E163
£2,86003/240.18 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£2,70804/240.18 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£2,64305/240.18 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£3,50004/240.18 mi-3
£3,15003/250.18 mi-3
£2,75004/240.19 mi-3
£2,79503/240.19 miWestgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN3
£3,00003/240.19 miAtlantic Apartments, E163
£3,00004/240.19 miAtlantic Apartments, E163
£2,95005/240.19 miAtlantic Apartments, E163
£2,95005/240.19 miAtlantic Apartments, E163
£2,92505/240.19 miSeagull Lane London E163
£2,85004/240.19 mi-3
£2,81704/240.19 mi-3
£2,81705/240.19 mi-3
£2,99003/250.19 mi-3
£2,77502/250.19 mi-3
£2,81703/240.19 miWestgate Apartments, 14 Western Gateway, Excel, Royal Victoria Docks, London, E16 1BN3
£2,70003/240.19 miWestern Gateway, E163
£4,50005/240.21 miBalearic Apartments, 15 Western Gateway, London, Greater London, E163
£3,30001/250.21 mi-3
£2,90002/250.21 mi-3
£3,00004/240.23 miWestern Gateway, London, E163
£3,25005/240.23 miWestern Gateway, London, E163
£3,25005/240.23 miWestern Gateway, London, E163
£2,90003/240.23 mi-3
£2,79503/240.24 miCapital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS3
£2,77303/240.24 miCapital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS3
£2,70805/240.24 miCapital East Apartments, Royal Victoria Docks, Canary Wharf, London, E16 1AS3
£3,35003/240.25 mi-3
£3,00003/240.25 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£3,30004/240.25 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.25 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£2,87505/240.25 miGateway Tower, 28 Western Gateway, Royal Victoria, London, E163
£3,15003/240.26 miWestern Gateway, London, E163
£3,25003/240.26 mi-3
£3,00004/240.26 miAlaska Apartments, Capital East, London, E163
£2,50004/240.28 mi-3
£2,50003/240.28 miTarling Road, London, E163
£3,40003/240.29 mi3 Tidal Basin Road, London, E163

Local Area Statistics

Population in E16

44,880

Population in London

4,771,921

Town centre distance

5.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

-3%

Property History

Listed for £400,000

March 11, 2025

Floor Plans

Description

*NO CHAIN*
A 3 bedroom terraced house located within 0.4m of Royal Victoria DLR Station, Custom House DLR and Tube Station (Elizabeth Line) with excellent connections into central London and Canary Wharf.
In need of renovating the accommodation has excellent potential and benefits from an entrance hallway, reception room with bay fronted windows, a spacious dining room/kitchen, 2 double bedrooms, a third single bedroom and a family bathroom. Outside to the rear of the property is a private garden with 20'2" x 5'6" summerhouse.
This property is rare to the market and internal viewings come highly recommended!

Agent Details

John D Wood & Co. Sales, Docklands & City

020 3856 4659

Next Steps?

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