Flat 1, 426 Hackney Road, Bethnal Green, London, E2 7AP
By Strettons Auctions
£ 375,000
Reviews
2 out of 5 stars
Strettons Auctions says ..
FOR SALE BY AUCTION ON 20th February at 12:00 £375,000 plus LEASEHOLD RESIDENTIAL INVESTMENT - SECOND FLOOR FLAT - LET AS A 3 BED HMO
Property Oracle says ..
This 3-bedroom flat on Hackney Road, Bethnal Green, presents a mixed bag. The location is a significant strength, offering convenient access to public transport (Overground and Underground), local schools rated ‘Good’ or ‘Outstanding’, and the lively atmosphere of East London. The proximity to amenities is another plus. However, the photos reveal a property that requires some attention. The rooms are cluttered, indicating the need for a thorough clean and possible redecoration. While there isn’t obvious structural damage, the general presentation suggests a degree of deferred maintenance. The lack of a garden is standard for flats in the area. The price of £375,000, considering comparable properties in the vicinity, appears reasonably competitive in the market, though the condition and the lack of detailed information on nearby property makes it difficult to conclusively determine value, however it is a relatively fair price. Overall, this property would be suitable for buyers looking for a project to add value by modernising and improving the current conditions, or a potential rental investment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 673.00
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
- 489,766.00 £Increased by 6.36 %
- Est sale value
- 466,389.00 £Increased by 54.34 %
- Average area rental value
- 2,264.00 £/moIncreased by 11.14 %
- Est letting value
- 2,019.00 £/moIncreased by 200.00 %
- Est rental Yield
- 5.55 %Increased by 4.52 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Strettons Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Oaklands School | Community School | Good | 0.27 KM |
| Lawdale Junior School | Community School | Good | 0.37 KM |
| Elizabeth Selby Infants' School | Community School | Good | 0.42 KM |
| Sebright School | Community School | Outstanding | 0.55 KM |
| City Of London Academy, Shoreditch Park | Free Schools | Good | 0.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Maple Street | £ 0 | 0 | 0.00 KM |
| Mansford Street | £ 525,000 | 0 | 0.00 KM |
| Hadrian Estate | £ 0 | 0 | 0.00 KM |
| Goldsmith's Square | £ 0 | 0 | 0.00 KM |
| Elizabeth Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cambridge Heath | 6962 | CBH | 0.47 KM |
| Bethnal Green Rail | 6961 | BET | 0.89 KM |
| London Fields | 6966 | LOF | 1.14 KM |
| Whitechapel | 4935 | ZLW | 1.37 KM |
| Hoxton | 1023 | HOX | 1.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Temple Street, Hackney,, London, E2 | £ 350,000 | BUY | 6 / 10 | 0.03 KM |
| Hackney Road, London, E2 | £ 450,000 | BUY | 5 / 10 | 0.03 KM |
| Hackney Road, London, E2 | £ 950,000 | BUY | 5 / 10 | 0.03 KM |
| Temple Street, London, E2 | £ 350,000 | BUY | 5 / 10 | 0.03 KM |
| Temple Street, London | £ 350,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 416a Hackney Road | £ 423,000 | 0.06 KM |
| 428 Hackney Road | £ 370,000 | 0.06 KM |
| 428b Hackney Road | £ 430,000 | 0.06 KM |
| 418c Hackney Road | £ 149,000 | 0.06 KM |
| 414b Hackney Road | £ 405,000 | 0.06 KM |