2 Bed Flat, Single Let, London, E12 6UN, £340,000

Queensberry Place, Manor Park, E12 6UN - 2 views - a month ago

Leasehold
BTL
ROI: 2%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£175K - £432.5K
Sold Prices/m²£3K/m² - £8.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5K/m²

Value Estimate

£356,532
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£107,700

 

 

Cash Out

 

Rent Range

£1,500 - £2,300

Rent Estimate

£1,563

Running Costs/mo

£1,395

Cashflow/mo

£168

Cashflow/yr

£2,015

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £432.5K, average is £310K. £3K/m² to £8.2K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£311.5K06/210.02 mi1, Queensberry Place, London, Greater London E12 6UN2
£297K03/230.02 mi41, Queensberry Place, London, Greater London E12 6UN2
£317K04/210.02 mi14, Queensberry Place, London, Greater London E12 6UN2
£325K12/220.03 mi97, Queensberry Place, London, Greater London E12 6UW2
£315K08/220.04 mi69, Queensberry Place, London, Greater London E12 6UN2
£307.5K03/210.06 mi132, Queensberry Place, London, Greater London E12 6UW2
£330K09/220.06 mi104, Queensberry Place, London, Greater London E12 6UW2
£305K01/210.06 mi115, Queensberry Place, London, Greater London E12 6UW2
£312K02/210.06 mi127, Queensberry Place, London, Greater London E12 6UW2
£300K05/230.06 mi107, Queensberry Place, London, Greater London E12 6UW2
£320K08/220.09 mi134, Queensberry Place, London, Greater London E12 6UW2
£175K04/210.17 mi198, Halley Road, London, Greater London E12 6UD2
£254K06/210.17 mi244, Halley Road, London, Greater London E12 6UD2
£220K01/210.17 mi52, Snowshill Road, London, Greater London E12 6BB2
£310K11/220.21 mi15, Saints Drive, London, Greater London E7 0RF2
£275K11/200.25 mi270a, Strone Road, London, Greater London E12 6TP2
£350K03/210.33 mi43a, Carlyle Road, London, Greater London E12 6BL2
£380K01/230.33 mi142, Windsor Road, London, Greater London E7 0RB2
£292K06/210.35 mi55a, Birchdale Road, London, Greater London E7 8AS2
£225K02/210.35 mi13a, Birchdale Road, London, Greater London E7 8AS2
£412K08/220.37 mi130b, Claremont Road, London, Greater London E7 0PX2
£330K07/220.39 miFlat, 42b, Essex Road, London, Greater London E12 6RE2
£413.1K06/210.4 mi22, Forest Drive, London, Greater London E12 5DF2
£322.5K03/210.4 mi9, Forest Drive, London, Greater London E12 5DF2
£310K12/220.42 mi522a, Katherine Road, London, Greater London E7 8EA2
£240.5K06/210.42 mi552, Katherine Road, London, Greater London E7 8EA2
£283K11/220.44 mi83, Forest View Road, London, Greater London E12 5HU2
£235K08/220.51 miFirst Floor Flat, 14, Stafford Road, London, Greater London E7 8NN2
£295K06/210.56 mi168a, Shakespeare Crescent, London, Greater London E12 6NB2
£410K09/210.57 mi78, Ridley Road, London, Greater London E7 0LT2
£410K09/210.57 mi78, Ridley Road, London, Greater London E7 0LT2
£360K12/200.59 mi112a, Hampton Road, London, Greater London E7 0NU2
£295K12/200.63 mi16a, Chesterford Road, London, Greater London E12 6LB2
£320K07/220.64 miFlat A, 202, Sheringham Avenue, London, Greater London E12 5PQ2
£295K08/220.69 mi86b, Sheringham Avenue, London, Greater London E12 5PE2
£425K06/210.72 mi78, Capel Road, London, Greater London E7 0JR2
£312.4K01/210.73 mi64b, Burges Road, London, Greater London E6 2BH2
£286K07/210.74 mi15, St Georges Road, London, Greater London E7 8HT2
£280K06/210.75 mi82, Plashet Grove, London, Greater London E6 1AB2
£296.8K06/230.77 mi171, Gainsborough Avenue, London, Greater London E12 6JN2
£400K06/210.78 mi24, Barrington Road, London, Greater London E12 6JH2
£360K06/210.78 mi29, Osborne Road, Forest Gate, London, Greater London E7 0PJ2
£245K11/220.8 miFlat 46, Charlbury House, Grantham Road, Manor Park, London, Greater London E12 5NR2
£295K09/220.83 miFlat 1, Fry House, St Stephens Road, London, Greater London E6 1AL2
£280K06/230.84 mi62a, Leigh Road, London, Greater London E6 2AS2
£360K02/230.84 mi74, Leigh Road, London, Greater London E6 2AS2
£432.5K06/210.84 mi39a, Avenue Road, London, Greater London E7 0LA2
£275K12/200.85 mi54a, Caulfield Road, London, Greater London E6 2EN2
£230K05/210.87 mi198, Burges Road, London, Greater London E6 2BS2
£357.5K06/210.88 miGround Floor Flat, 18, St Georges Road, London, Greater London E7 8HY2

Local Rents

50 rents from £1.5K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95004/250.01 mi-2
£1,80001/250.03 mi-2
£1,65003/240.08 miSherrard Road, E122
£1,85001/250.1 mi-2
£1,75004/240.1 miSalisbury Road2
£1,70004/250.12 mi-2
£2,15003/250.13 mi-2
£1,90005/240.15 miRomford Road, Manor Park, London, E122
£1,70004/250.16 mi-2
£1,69004/250.19 mi-2
£1,50003/250.2 mi-2
£1,80004/250.21 mi-2
£1,80004/250.21 mi-2
£2,00001/250.22 mi-2
£1,75001/250.22 mi-2
£1,95002/250.23 mi-2
£1,87502/240.23 mi-2
£1,72502/240.23 mi-2
£1,79503/250.23 mi-2
£1,99003/250.25 mi-2
£1,75003/240.25 mi-2
£1,80005/240.26 mi-2
£1,60002/240.28 mi-2
£2,10012/240.31 mi-2
£1,75002/250.33 mi-2
£2,00004/250.35 mi-2
£2,30004/250.35 mi-2
£2,20004/250.35 mi-2
£2,25003/250.36 mi-2
£2,00004/250.36 mi-2
£1,85003/240.4 miThird Avenue, London, E122
£1,65004/250.4 mi-2
£1,60005/240.4 miSheridan Road, London, E12 6QY2
£1,85002/240.42 mi-2
£1,50005/240.42 mi-2
£1,95001/250.43 mi-2
£2,00012/240.44 mi-2
£2,00001/250.44 mi-2
£1,90001/250.44 mi-2
£1,80002/250.44 mi-2
£2,00003/240.45 mi-2
£2,20003/250.46 mi-2
£1,90003/240.47 mi Browning Road, London, E12 6PB2
£1,90005/240.48 miLondon, E122
£2,20001/250.48 mi-2
£1,80004/250.48 mi-2
£1,90003/240.5 mi-2
£1,95012/240.5 mi-2
£1,85002/250.5 mi-2
£1,90003/240.51 miRutland Road, London, E72

Local Area Statistics

Population in E12

41,869

Population in London

4,771,921

Town centre distance

6.66 miles away

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £340,000

March 14, 2025

Floor Plans

Description

  • <b>OPEN HOUSE SATURDAY 22ND MARCH 2025</b> - by appointment only +
  • Ground floor purpose built flat with residents permit parking +
  • Own patio area +
  • Modern fitted kitchen with lots of storage space +
  • Bathroom plus en-suite shower room +
  • Bus links to Ilford & Manor Park stations +
  • Ideal purchase for first time buyers +

This ground floor purpose built flat has easy accessibility to the main road (making it wheelchair accessible) along with its own patio area and residents parking. There is installed CCTV on the main door and garden door. The modern fitted kitchen has lots of storage space and a family bathroom plus en-suite shower room. The flat has access via an entry phone system and is close to good bus links providing quick access to Ilford and Manor Park stations, home for the Elizabeth Line. This will be an ideal purchase for first time buyers.

Room sizes:

  • Entrance Hall
  • Lounge/Dining Room: 14'2 x 13'3 (4.32m x 4.04m)
  • Kitchen: 7'8 x 7'4 (2.34m x 2.24m)
  • Bedroom 1: 13'4 x 9'7 (4.07m x 2.92m)
  • En-Suite Shower Room
  • Bedroom 2: 10'4 x 7'6 (3.15m x 2.29m)
  • Bathroom
  • Patio Area
  • Communal Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Douglas Allen, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Douglas Allen, Chadwell Heath

020 3835 6376

Next Steps?

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