3 Bed Terraced House, Planning Permission, London, E13 8QF, £390,000

Sussex Street, London, E13 8QF - 1 views - 20 days ago

Auction
Planning
ROI: 1%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£355K - £530K
Sold Prices/m²£3.9K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.2K/m²

Value Estimate

£477,293
BMV22%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£27,700

Total Cash In

£125,200

 

 

Cash Out

 

Rent Range

£1,600 - £4,000

Rent Estimate

£1,731

Running Costs/mo

£1,585

Cashflow/mo

£146

Cashflow/yr

£1,753

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £355K to £530K, average is £445K. £3.9K/m² to £7.5K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£355K12/200 mi25, Sussex Street, London, Greater London E13 8QF3
£420K04/210.1 mi35, Khartoum Road, London, Greater London E13 8RF3
£410K01/230.1 mi66, Dongola Road, London, Greater London E13 0AZ3
£450K11/220.1 mi71, Wigston Road, London, Greater London E13 8QN3
£435K04/210.11 mi28, Crofton Road, London, Greater London E13 8QS3
£415K12/200.11 mi56, Crofton Road, London, Greater London E13 8QS3
£465K11/220.12 mi83, Crofton Road, London, Greater London E13 8QT3
£485K02/210.13 mi58, Wigston Road, London, Greater London E13 8QW3
£446.5K09/230.16 mi3, Newman Road, London, Greater London E13 8QA3
£440K09/210.17 mi74, Belgrave Road, London, Greater London E13 8RS3
£406K02/210.17 mi34, Belgrave Road, London, Greater London E13 8RS3
£417K04/230.17 mi27, Belgrave Road, London, Greater London E13 8RT3
£410K11/200.17 mi64, Wanlip Road, London, Greater London E13 8QP3
£380K05/210.21 mi103, Greengate Street, London, Greater London E13 0BG3
£498K07/230.21 mi22, Tunmarsh Lane, London, Greater London E13 9NF3
£465K01/220.22 mi2, St Quintin Road, London, Greater London E13 9DT3
£460K09/230.22 mi20, Sutton Court Road, London, Greater London E13 9NW3
£520K05/230.23 mi93, Cumberland Road, London, Greater London E13 8LH3
£465K02/210.27 mi62, New City Road, London, Greater London E13 9LL3
£400K05/230.27 mi8, New City Road, London, Greater London E13 9LL3
£380K03/210.29 mi6, Adine Road, London, Greater London E13 8LL3
£380K09/210.3 mi66, Jenkins Road, London, Greater London E13 8NP3
£480K04/210.34 mi706, Barking Road, Plaistow, London, Greater London E13 9JZ3
£415K12/200.34 mi70, Meredith Street, London, Greater London E13 0EG3
£405K02/210.35 mi24, Palmer Road, London, Greater London E13 8NT3
£475K01/230.35 mi1, Webb Gardens, London, Greater London E13 8SR3
£410K08/210.36 mi53, Stirling Road, London, Greater London E13 0BJ3
£411K07/230.36 mi35, Palmer Road, London, Greater London E13 8NU3
£360K02/210.36 mi37, Westport Road, London, Greater London E13 8NW3
£461K12/210.37 mi7, Seaton Close, London, Greater London E13 8JJ3
£435K05/210.37 mi106, Cumberland Road, London, Greater London E13 8LR3
£386K01/210.38 mi16, Herbert Street, London, Greater London E13 8BE3
£445K02/210.39 mi3, Coronation Road, London, Greater London E13 9QB3
£452K03/230.39 mi61, Patrick Road, London, Greater London E13 9QE3
£470K11/200.39 mi49, Tweedmouth Road, London, Greater London E13 9HT3
£380K03/210.39 mi40, Tweedmouth Road, London, Greater London E13 9HT3
£475K11/200.39 mi25, Edinburgh Road, London, Greater London E13 9HR3
£445K12/220.4 mi88, Chesterton Terrace, London, Greater London E13 0BZ3
£482K01/210.43 mi83, Glasgow Road, London, Greater London E13 9HW3
£447K03/210.43 mi46, Botha Road, London, Greater London E13 8PQ3
£430K09/210.43 mi93, Howards Road, London, Greater London E13 8AZ3
£420K10/200.43 mi99, Howards Road, London, Greater London E13 8AZ3
£475K04/210.45 mi30, St Marys Road, London, Greater London E13 9AD3
£447K09/230.45 mi50, St Marys Road, London, Greater London E13 9AD3
£530K09/230.45 mi28, St Marys Road, London, Greater London E13 9AD3
£480K07/210.46 mi28, Stock Street, London, Greater London E13 0BY3
£500K11/220.47 mi1, Chesterton Road, London, Greater London E13 8BA3
£460K06/230.48 mi13, Kennedy Close, London, Greater London E13 0BT3
£390K10/200.48 mi1, Kennedy Close, London, Greater London E13 0BT3
£500K11/200.48 mi72, London Road, Plaistow, London, Greater London E13 0DD3

Local Rents

50 rents from £1.6K/mo to £4K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,50003/250.11 mi-3
£2,27504/240.13 miWigston Road, Plaistow E133
£1,75002/250.16 mi-3
£2,55004/250.17 mi-3
£2,30003/250.22 mi-3
£2,20004/240.22 miTunmarsh Lane, Plaistow, E133
£2,10005/240.24 miKingsland Road, London E133
£2,30003/240.25 miWenlock Place, (PP405),Plaistow, E133
£2,50004/240.28 mi-3
£2,60012/240.3 mi-3
£2,60012/240.3 mi-3
£2,60001/250.3 mi-3
£2,65003/240.31 miPatrick Road, London3
£3,00002/250.31 mi-3
£2,60002/250.31 mi-3
£2,30003/250.31 mi-3
£3,30004/240.31 miCumberland Rd, Plaistow, E133
£2,70003/240.33 miEdinburgh Road, Plaistow, E13 0BH - Please email info@stonebridgelondon.co.uk for similar properties.3
£2,50003/250.33 mi-3
£2,35004/240.34 mi-3
£4,00003/250.36 mi-3
£2,40005/240.37 miCumberland Road, Plaistow E133
£2,10003/250.38 mi-3
£2,20004/250.38 mi-3
£2,40004/240.39 miCumberland Road, London3
£2,50003/250.39 mi-3
£2,90003/250.39 mi-3
£2,30003/240.4 mi-3
£2,30003/240.4 miHolborn Road, London, E133
£2,00004/250.41 mi-3
£2,30012/240.41 mi-3
£2,20012/240.41 mi-3
£2,59512/240.43 mi-3
£2,55001/250.43 mi-3
£2,09503/250.44 mi-3
£2,49504/250.44 mi-3
£2,49504/250.44 mi-3
£2,15004/240.44 miEastern Road, London3
£2,50004/250.46 mi-3
£2,90003/250.46 mi-3
£2,35003/250.46 mi-3
£2,40001/250.46 mi-3
£2,20003/240.47 miWilson Road, East Ham, London3
£2,60005/240.47 miLondon Road, Plaistow, London, E133
£2,40002/250.48 mi-3
£2,50003/250.48 mi-3
£2,00012/240.49 mi-3
£2,30003/250.49 mi-3
£2,70004/240.5 mi-3
£1,60004/240.5 mi-3

Local Area Statistics

Population in E13

46,912

Population in London

4,771,921

Town centre distance

5.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £390,000

March 20, 2025

Floor Plans

Description

  • Being Sold by GOTO Online Auction +
  • Buy-it-Now Option Available +
  • Buyers Fee Payable +
  • Bay Fronted Reception Room +
  • Fully Fitted Kitchen +
  • Private Front & Rear Garden +
  • Modern Family Bathroom +
  • Large Basement +
  • Good Local Schools Nearby +
  • Excellent Road & Transport Links +

Yopa welcomes to the market this deceptively spacious three bedroom terrace house, set in a family friendly location, close to an array of local shops and amenities. The ground floor comprises a bright & airy, open plan living room, fitted kitchen, utility room, large modern bathroom and a private rear garden. The property also has a large basement. Upstairs are three well proportioned bedrooms and a loft, which has the potential to be converted – subject to the required planning permission being obtained. This property would make an ideal family home or investment so an internal viewing is highly recommended. Please book a viewing online today to avoid missing out!! Sussex Street is a quiet residential turning conveniently situated close to an array of local shops and amenities with convenient transport links including a variety of reliable bus links on Barking Road. and the extensive shopping of Westfield Stratford is within easy reach. Other nearby facilities include London City Airport and the London Excel Centre. Plaistow & Upton Park  (District/ Hammersmith & City Line) stations  are nearby with Canning Town  (Jubilee / DLR) also a short distance away offering easy access into the City, West End and beyond. Excellent road links for the motorist are within easy reach including with the A13 and A406. The property is also close to a host of primary and secondary schools. EPC Rating: D Council Tax: C Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing visit Yopa. Auctioneer's Comments:
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department. Buyer Fees
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £9,000 including VAT a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South East & London

01322 952994

Next Steps?

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