Millers Terrace, London, E8
EL

Millers Terrace, London, E8

By Element Properties & Co

£ 1,800,000

Reviews

3 out of 5 stars

Element Properties & Co says ..

Element Properties & Co. are proud to present this INVESTMENT OPPORTUNITY; comprising of a freehold block consisting of 5 x 1 bedroom apartments, finished to a very high standard. Boasting a total of 212 SQM of internal apartment space (excluding communal areas), the conversion ha...

Property Oracle says ..

This property is listed as a freehold block of five, one-bedroom apartments located in the Shacklewell area of Hackney, East London. The listing emphasizes it as an investment opportunity, highlighting the high-quality finishes of the flats. The location is convenient, with nearby Overground stations providing good transport links and several well-regarded schools within walking distance. The provided photographs showcase a modern and well-maintained exterior and interior, particularly within the apartment units. However, the minimal land associated with the property (limited to small patio areas and planter boxes) should be noted. While the list price of £1,800,000 is significant, its justification as an investment property requires a thorough comparison with similar offerings in the area to determine the value in relation to rental income and potential capital appreciation. The property appears to be a modern conversion project, offering a potentially attractive investment opportunity for buyers interested in a turn-key property investment, in a desirable London location. Further due diligence, including professional surveys, is crucial to verify the structural integrity of the property and its investment potential.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
5
Bathrooms
5
Sqft (est)
1,187.91

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
925,000.00 £
Increased by 54.96 %
from 596,923.00 £
Est sale value
1,078,622.28 £
Increased by 40.12 %
from 769,765.68 £
Average area rental value
3,065.00 £/mo
Increased by 17.66 %
from 2,605.00 £/mo
Est letting value
3,563.73 £/mo
Increased by 50.00 %
from 2,375.82 £/mo
Est rental Yield
3.98 %
Decreased by 24.05 %
from 5.24 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Element Properties & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Halley House SchoolFree SchoolsGood0.23 KM
Shacklewell Primary SchoolCommunity SchoolOutstanding0.26 KM
Colvestone Primary SchoolCommunity SchoolGood0.29 KM
The Petchey AcademyAcademy Sponsor LedGood0.30 KM
Princess May Primary SchoolCommunity SchoolGood0.36 KM

Images

Picture No. 01 Picture No. 02 Picture No. 03 Picture No. 19 Picture No. 04 Picture No. 05 Picture No. 14 Picture No. 26 Picture No. 22 Picture No. 23 Picture No. 24 Picture No. 25

Nearby Streets

NameAverage PriceAverage SqftDistance
Truman's Road £ 000.00 KM
Shacklewell Lane £ 000.00 KM
Birkbeck Road £ 000.00 KM
Birkbeck Mews £ 000.00 KM
Wordsworth Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Dalston Kingsland1429DLK0.41 KM
Dalston Junction1443DLJ0.62 KM
Rectory Road6967REC1.02 KM
Haggerston1022HGG1.45 KM
Stoke Newington6934SKW1.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Millers Terrace, London, E8 £ 1,800,000BUY6 / 100.00 KM
Art Mansions, Millers Terrace, Dalston, London, E8 £ 350,000BUY7 / 100.02 KM
Millers Terrace, Dalston £ 895,000BUY8 / 100.04 KM
Stoke Newington Road, London, N16 £ 400,000BUY6 / 100.05 KM
Dunn Street, London £ 550,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
78 Stoke Newington Road £ 95,0000.09 KM
56a Stoke Newington Road £ 400,0000.09 KM
2c Dunn Street £ 410,0000.15 KM
46 Alvington Crescent £ 750,0000.18 KM
54 Alvington Crescent £ 285,0000.18 KM