2 Bed Flat, Single Let, London, E1 8HU, £300,000

Hindmarsh Close, Wapping, London, E1 8HU - 3 views - a month ago

Leasehold
BTL
ROI: 11%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£125K - £2.5M
Sold Prices/m²£1.7K/m² - £10.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£363,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£2,150 - £5,200

Rent Estimate

£2,250

Running Costs/mo

£1,408

Cashflow/mo

£843

Cashflow/yr

£10,110

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £125K to £2.5M, average is £524.8K. £1.7K/m² to £10.9K/m², average is £8.9K/m².

PriceDateDistanceAddressBeds 
£225K11/210.01 miFlat 63, Shearsmith House, Hindmarsh Close, London, Greater London E1 8HU2
£340K08/230.04 miFlat 5, Stockholm House, Swedenborg Gardens, London, Greater London E1 8HR2
£790K04/210.11 mi19b, Telfords Yard, London, Greater London E1W 2BQ2
£710K11/210.18 mi13, Bowmans Mews, London, Greater London E1 8RY2
£850K03/230.22 miFlat 32, Spice Court, Asher Way, London, Greater London E1W 2JD2
£720K03/210.22 miFlat 29, Spice Court, Asher Way, London, Greater London E1W 2JD2
£745K12/220.22 miFlat 28, Spice Court, Asher Way, London, Greater London E1W 2JD2
£640K06/230.22 miFlat 17, Tradewinds Court, Asher Way, London, Greater London E1W 2JB2
£565K02/210.23 mi12, Cape Yard, London, Greater London E1W 2JU2
£745K05/210.23 mi110, Times Square, London, Greater London E1 8GE2
£642K04/230.23 mi64, Times Square, London, Greater London E1 8GE2
£625K01/210.24 mi2, Cape Yard, London, Greater London E1W 2JU2
£565K05/210.24 miFlat 64, Leeward Court, Asher Way, London, Greater London E1W 2JZ2
£790K06/230.24 miFlat 20, Leeward Court, Asher Way, London, Greater London E1W 2JY2
£453.5K03/210.27 mi45, Waterman Way, London, Greater London E1W 2QW2
£1.4M03/230.29 miFlat 41, Merganser Court, Star Place, London, Greater London E1W 1AQ2
£500K12/200.3 mi9, Discovery Walk, London, Greater London E1W 2JG2
£500K12/200.3 mi9, Discovery Walk, London, Greater London E1W 2JG2
£680K12/220.31 mi53, Thomas More Street, London, Greater London E1W 1YD2
£450K02/210.31 mi87, Solander Gardens, London, Greater London E1 0DF2
£475K06/210.31 mi99, Solander Gardens, London, Greater London E1 0DF2
£2.5M02/230.31 miFlat 22, Sanderling Lodge, Star Place, London, Greater London E1W 1AJ2
£2.5M07/210.32 miFlat 14, Sanderling Lodge, Star Place, London, Greater London E1W 1AJ2
£1.3M07/210.32 miFlat 32, Sanderling Lodge, Star Place, London, Greater London E1W 1AJ2
£365K11/210.32 miFlat 65, Reardon House, Reardon Street, London, Greater London E1W 2QJ2
£500K11/200.32 mi40, Waterman Way, London, Greater London E1W 2QN2
£510K03/230.32 mi39, Waterman Way, London, Greater London E1W 2QN2
£610K06/210.32 mi34, Spirit Quay, London, Greater London E1W 2UT2
£618.5K10/210.33 mi109, Thomas More Street, London, Greater London E1W 1YD2
£632K06/210.33 mi51, Thomas More Street, London, Greater London E1W 1YD2
£620K01/210.33 mi97, Thomas More Street, London, Greater London E1W 1YD2
£356K03/210.34 miFlat 58, Reardon House, Reardon Street, London, Greater London E1W 2QJ2
£125K02/210.36 mi61, Burr Close, London, Greater London E1W 1ND2
£575K01/230.4 mi33, St Katharines Way, London, Greater London E1W 1LP2
£455K06/210.41 miFlat 104, Matilda House, St Katharines Way, London, Greater London E1W 1LF2
£420K01/210.41 miFlat 14, Matilda House, St Katharines Way, London, Greater London E1W 1LQ2
£322K03/230.41 miFlat 8, Ring House, Sage Street, London, Greater London E1 0BY2
£480K05/210.42 miFlat 132, Matilda House, St Katharines Way, London, Greater London E1W 1LF2
£505K01/210.42 miFlat 4, Seville House 11 & A Half, Wapping High Street, London, Greater London E1W 1NX2
£345K12/220.45 mi12, Morton Close, London, Greater London E1 2QT2
£700K11/200.45 miFlat 34, Hermitage Court, Knighten Street, London, Greater London E1W 1PW2
£712K02/230.45 miFlat 28, Hermitage Court, Knighten Street, London, Greater London E1W 1PW2
£455.6K11/200.47 miFlat 42, Jackman House, Watts Street, London, Greater London E1W 2PU2
£395K06/210.47 miFlat 8, Malay House, Prusom Street, London, Greater London E1W 3RB2
£515K06/210.48 miFlat 210, Riverside Mansions, Milk Yard, London, Greater London E1W 3TB2
£475K08/210.48 miFlat 203, Riverside Mansions, Milk Yard, London, Greater London E1W 3TB2
£527K07/230.48 miFlat 102, Riverside Mansions, Milk Yard, London, Greater London E1W 3TB2
£522.5K10/210.48 miFlat 217, Riverside Mansions, Milk Yard, London, Greater London E1W 3TA2
£450K11/200.48 miFlat 314, Riverside Mansions, Milk Yard, London, Greater London E1W 3TA2
£310K03/210.49 miFlat 5, Hilliard House, Prusom Street, London, Greater London E1W 3NN2

Local Rents

54 rents from £2.1K/mo to £5.2K/mo, average is £2.9K/mo.

RentDateDistanceAddressBeds 
£3,60012/240.03 mi-2
£3,60012/240.03 mi-2
£2,50003/240.05 miSwedenborg Gardens, Wapping, London, E12
£2,30003/240.06 miFletcher Street, E12
£2,60003/240.09 miWilson Tower, London, E12
£2,60012/240.09 mi-2
£2,51012/240.09 mi-2
£2,51012/240.09 mi-2
£2,60003/240.09 miLuxury With Gym And Concierge, London, E12
£2,45012/240.09 mi-2
£2,49904/250.09 mi-2
£2,35003/240.09 miWilson Tower, London, E12
£3,00001/250.09 mi-2
£2,25003/240.1 miChristian Street, London, E12
£2,49612/240.1 mi-2
£2,90012/240.1 mi-2
£3,25003/240.11 miThe Highway, London E1W2
£2,50003/240.11 miChristian Street, Shadwell, London, E12
£4,70005/240.11 miCashmere Wharf, 23 Gauging Square, E1W 2
£2,62505/240.12 miArtichoke Hill, London, E1W2
£2,50003/240.12 miArtichoke Hill, London, E1W2
£2,30003/240.12 miArtichoke Hill, London, E1W2
£2,29703/240.13 miEnsign Street, Wapping2
£2,60012/240.13 mi-2
£2,70002/250.13 mi-2
£2,55001/250.14 mi-2
£2,19012/240.14 mi-2
£2,25012/240.14 mi-2
£2,15012/240.14 mi-2
£3,00003/250.14 mi-2
£3,15012/240.14 mi-2
£2,65012/240.14 mi-2
£2,65012/240.14 miLiberty House, London, E12
£2,45003/240.14 miCrowder Street, Wapping, E12
£4,40004/250.15 mi-2
£3,80003/240.15 mi3 Merino Gardens, London Dock, E1W2
£4,99604/240.15 miSaffron Wharf, London Dock, E1W2
£3,80004/240.15 miMerino Gardens, London Dock, London, E1W2
£4,11604/240.15 miMerino Gardens, London, E1W2
£3,10003/240.15 mi-2
£2,95012/240.15 mi-2
£2,95012/240.15 mi-2
£2,95012/240.15 mi-2
£2,90003/240.15 miDock Street, London, E12
£3,10003/240.15 miDock Street, London, E12
£4,11603/240.15 miMerino Gardens, London Dock, E1W2
£4,25003/240.15 miCashmere Wharf, London Dock, E1W2
£3,40003/240.16 miMerino Gardens, London, E1W2
£3,50003/240.16 miMerino Gardens, Wapping, London2
£3,40003/240.16 miMerino Gardens, London, E1W2
£4,00003/240.16 miMerino Gardens, London, E1W2
£3,68303/240.16 miMerino Gardens, London, E1W2
£5,20003/240.16 miSaffron Wharf, London Dock, Wapping, E1W2
£4,00810/230.16 miMerino Gardens, London, E1W2

Local Area Statistics

Population in E1

81,940

Population in London

4,771,921

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

-22%

Property History

Listed for £300,000

March 20, 2025

Description

  • Fantastic 2 bedroom apartment +
  • Set in a great location +
  • Excellently presented throughout +
  • Light and airy +
  • Modern fitted kitchen +
  • City views +

This charming 2 bedroom apartment is excellently presented throughout and boasts a bright kitchen, modern bathroom and ample bedroom.

The property benefits from being set in the heart of Wapping moments from local amenities and transport links as well as heritage sites such as Tower Bridge.

Please use the reference CHPK3308689 when contacting Foxtons.

Agent Details

Foxtons, Wapping

020 3910 6133

Next Steps?

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