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

Mason Close, London, E16 1LF - 2 views - 22 days ago

Leasehold

BTL

ROI: 9%

~129 m²

+10 photos

ValuationUndervalued

Sold Prices	£210K - £950K
Sold Prices/m²	£4.1K/m² - £9.9K/m²

Square Metres	~129.26 m²
Price/m²	£2.9K/m²
Value Estimate	£461,250£461,250
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£119,950£119,950

Cash Out
Rent Range	£2,350 - £4,500£2,350 - £4,500
Rent Estimate	£2,589
Running Costs/mo	£1,710£1,710
Cashflow/mo	£879£879
Cashflow/yr	£10,552£10,552
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

11 sold prices from £210K to £950K, average is £478.3K. £4.1K/m² to £9.9K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£405K	02/23	1.5 mi	Flat 7, Halyard House, Manchester Road, London, Greater London E14 3HD	-	-	4	Flat
£210K	04/21	1.59 mi	70, Terrace Road, London, Greater London E13 0PB	-	-	4	Flat
£750K	06/21	1.65 mi	2, St James Mews, London, Greater London E14 3XD	£7,813	96	4	Flat
£410K	01/21	1.74 mi	68, Gough Walk, London, Greater London E14 6HR	£5,190	79	4	Flat
£760K	12/20	1.75 mi	89, Hawthorne Crescent, London, Greater London SE10 9GA	£5,547	137	4	Flat
£770K	03/21	2.12 mi	98, Heathwood Gardens, London, Greater London SE7 8ER	£4,053	190	4	Flat
£478.3K	04/23	2.26 mi	Flat 25, Rockfield House, Welland Street, London, Greater London SE10 9DR	-	-	4	Flat
£595K	01/23	2.62 mi	34, Gladstone Avenue, Manor Park, London, Greater London E12 6NS	£6,330	94	4	Flat
£434.6K	11/21	2.67 mi	12, Old Church Road, London, Greater London E1 0QA	£4,673	93	4	Flat
£950K	01/23	2.88 mi	73, Cadogan Terrace, London, Greater London E9 5HP	£9,896	96	4	Flat
£420K	07/23	2.93 mi	13, Payne Street, London, Greater London SE8 4LP	£4,468	94	4	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£3,000	05/24	0.04 mi	Pollard Close, London	5	Terraced House
£3,000	04/24	0.09 mi	Atlantic Apartments, Capital East, London, E16	3	Flat
£2,950	04/24	0.09 mi	Atlantic Apartments, Capital East, London, E16	3	Flat
£3,500	04/24	0.1 mi	-	3	Flat
£3,150	03/25	0.1 mi	-	3	Flat
£3,350	03/24	0.11 mi	-	3	Flat
£3,000	03/24	0.11 mi	Atlantic Apartments, E16	3	Flat
£3,000	04/24	0.11 mi	Atlantic Apartments, E16	3	Flat
£2,950	05/24	0.11 mi	Atlantic Apartments, E16	3	Flat
£2,950	05/24	0.11 mi	Atlantic Apartments, E16	3	Flat
£2,925	05/24	0.11 mi	Seagull Lane London E16	3	Flat
£3,000	03/24	0.11 mi	Gateway Tower, 28 Western Gateway, Royal Victoria, London, E16	3	Flat
£3,300	04/24	0.11 mi	Gateway Tower, 28 Western Gateway, Royal Victoria, London, E16	3	Flat
£2,875	05/24	0.11 mi	Gateway Tower, 28 Western Gateway, Royal Victoria, London, E16	3	Flat
£2,875	05/24	0.11 mi	Gateway Tower, 28 Western Gateway, Royal Victoria, London, E16	3	Flat
£3,150	03/24	0.12 mi	Western Gateway, London, E16	3	Flat
£3,250	03/24	0.12 mi	-	3	Flat
£2,500	04/24	0.12 mi	-	3	Semi-Detached House
£2,500	03/24	0.12 mi	Tarling Road, London, E16	3	Semi-Detached House
£3,000	04/24	0.13 mi	Western Gateway, London, E16	3	Flat
£3,250	05/24	0.13 mi	Western Gateway, London, E16	3	Flat
£3,250	05/24	0.13 mi	Western Gateway, London, E16	3	Flat
£2,995	04/24	0.13 mi	The Oxygen Apartments, Royal Victoria Dock, E16	3	Flat
£3,400	03/24	0.14 mi	3 Tidal Basin Road, London, E16	3	Flat
£3,000	04/24	0.14 mi	Alaska Apartments, Capital East, London, E16	3	Flat
£2,860	03/24	0.15 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,708	04/24	0.15 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,643	05/24	0.15 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£3,900	03/25	0.15 mi	-	4	Terraced House
£2,350	03/25	0.16 mi	-	3	Flat
£3,350	05/24	0.17 mi	1 Tidal Basin Road, London, E16	3	Flat
£3,300	03/24	0.17 mi	Tidal Basin Road, London	3	Flat
£3,000	05/24	0.18 mi	Prince Court, 5 Nelson Street, London, E16	3	Flat
£3,190	12/24	0.2 mi	-	3	Flat
£2,900	04/24	0.21 mi	-	4	Terraced House
£2,800	04/24	0.21 mi	-	4	Terraced House
£2,800	03/24	0.21 mi	Ivy Road, London, E16	4	Flat
£2,700	05/24	0.22 mi	Ivy Point, 5 Hannaford Walk, Bromley by Bow, London, E3 3TF	3	Flat
£2,750	04/24	0.22 mi	-	3	Flat
£2,795	03/24	0.22 mi	Westgate Apartments, 18 Western Gateway, Royal Victoria Docks, London, E16 1BN	3	Flat
£4,500	05/24	0.22 mi	Balearic Apartments, 15 Western Gateway, London, Greater London, E16	3	Flat
£3,300	01/25	0.22 mi	-	3	Flat
£2,900	02/25	0.22 mi	-	3	Flat
£2,850	04/24	0.23 mi	-	3	Flat
£2,817	04/24	0.23 mi	-	3	Flat
£2,817	05/24	0.23 mi	-	3	Flat
£2,990	03/25	0.23 mi	-	3	Flat
£2,775	02/25	0.23 mi	-	3	Flat
£2,817	03/24	0.23 mi	Westgate Apartments, 14 Western Gateway, Excel, Royal Victoria Docks, London, E16 1BN	3	Flat
£2,700	03/24	0.23 mi	Western Gateway, E16	3	Flat

Local Area Statistics

Population in E16	44,88044,880
Population in London	4,771,9214,771,921
Town centre distance	5.44 miles away5.44 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.08 miles away0.08 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-3%-3%

Property History

Listed for £375,000

March 12, 2025

Floor Plans

Description

160 yards from Royal Victoria DLR Station +
Excellent connectivity to Canary Wharf +
A short walk to Custom House +
Private Garden +
Great Storage Options +

Modern 4-Bedroom Ground Floor Flat with Private Garden & Spacious Interiors (Ideal for Families or Professionals Seeking Comfort & Convenience)

Experience stylish and modern living in this well-designed 4-bedroom home, offering spacious interiors and excellent transport links. Perfectly situated in a vibrant area, key amenities include:

Prime Locations:

560 yards to Canary Wharf (Elizabeth Line)
650 yards to Custom House (Elizabeth Line)
160 yards to Royal Victoria DLR Station
710 yards to Custom House (for ExCel) DLR Station
290 yards to Hallsville Primary School
1.1 miles to Newham Hospital

Key Features:

Four Well-Proportioned Bedrooms – Offering ample space and versatility for families or sharers.
Bright & Spacious Reception Room – Ideal for relaxation or entertaining guests.
Modern Kitchen – Well-equipped with integrated appliances and ample workspace.
Family Bathroom – Stylish and well-maintained for added convenience.
Private Garden (40'5" x 14'7") – A generous outdoor space for leisure or entertaining.
Ground Floor Layout – Providing ease of access and a practical living arrangement.
Great Storage Options – Including built-in storage solutions for convenience.
This fantastic home is perfect for families or professionals looking for space, style, and excellent connectivity.

Contact RE/MAX today to arrange a viewing!

Agent Details

RE/MAX Property Hub, Devon

03300 536919

Next Steps?

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

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

ValuationUndervalued

CashflowsOpen in Analyser

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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