1 bed flat— Hackney, E5 9RP.

£40,000 future uplift

Financial Details Structure of deal
• Investor price £280,000

• Rent expected £1400

• Monthly Service Charge & GR £200

• Net rental per month £1150

• Investment required £280,000

• Legals £2500

• Final value after works—£320,000+

FINANCIAL DETAILS

• Investment required is £280,000 + fees

• Capital Uplift £40,000+ (on completion of EWS1

works)

• Reservation Fee £995

 NO COST EWS1 WORKS—FOR VALUE UPLIFT

Following and EWS1 assessment the block in which the flat sits is due for cladding works
to be take lace. The provider of the works will be Taylor Wimpey. They have agreed to fund
all the costs for remedial works to be done and for no cost to be passed on to the lease-
holders (see letter) Once
done the updated EWS1
form will return the build-
ing to a B1 rating.

Consequently the value of

the flat will increase to the
market value. This will
mean an increase in the
region of £40,00 if the flat
is bought at the current
available price.
 The Property
This flat is in excellent condition and in a great location with good rental de-
mand. The flat is fully furnished to a high standard, with neutral décor.

The flat consists of a hallway, with doors to the reception room with fitted
kitchen, bedroom and bathroom. The wow factor is provided by the large
balcony which overlooks Walthamstow Marshes across the rooftops and
provides some outdoor space. The adjoining reception room is very com-
fortable and is complimented by a high quality fitted kitchen.

The large bathroom is tiled throughout with high quality fixtures and fittings.
Headline Details The bedroom has fitted wardrobe. There are wooden floors throughout.
The entrance to the flat and the floor is secured by gated door access.
 HALL.
Built as part of Hackney’s gentrification, due to it’s location close to the Wal-
 RECEPTION ROOM/KITCHEN
thamstow Marshes and Chatsworth Road Market, this flat would appeal to a
 BEDROOM.
 BATHROOM.
young professional person or couple.
 BALCONY.
 EXCELLENT CONDITION

 HIGH QULAITY FINISH

Walthamstow Marshes
 READY TO RENT.
& Walthamstow
 CLOSE TO CLAPTON RAIL Wetlands
 2 MINUTE WALK TO WALTHAMSTOW
MARSHES AND RIVER LEA

Chatsworth Road
Market

Liverpool Street
25 minutes
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 Sold Comparables
Land Registry Sold Prices

1. 1 bed flat £330,000

41.7 sq m
19 April 2021
142 Riverside Close, London, Greater
London E5 9ST

2. 1 bed flat £310,000

42.7 sq m
13 November 2021
88 Riverside Close, London, Greater
London E5 9SS

3. 1 bed flat £345,000

43 sq
25 September 2021
148 Riverside Close, London, Greater
London E5 9ST
 Rent Comparables
Let Agreed on Rightmove

1. 1 bed flat £1350 pcm

(Juliette balcony)
Walnut Court, Woodmill Road,
London, E5

2. 1 bed flat £1600 pcm

Paradise Park, 142A Lea Bridge Road,
London, E5

3. 1 bed flat £1452 pcm

Lea Bridge Road, London, E5
 Neighbourhood Profile
With a population of 281,120 Hackney has become one of London’s
most desirable Boroughs. It has seen a huge regeneration during the
21st Century and is home to a now thriving Tech industry, alongside
many small businesses and a creative community. There has been a
resultant investment in buildings and infrastructure alongside this
regeneration. The improvement in public transport has had a signifi-
cant impact now providing frequent easy access to central London.
There are a good number of green spaces. It is in close proximity to
the Westfield Shopping Centre and Olympic Park which is now home
to West Ham United.

The thriving Chatsworth Road Market and it’s surrounding areas has
become a go-to place, making the location of the flat a desirable area
to live in. The new Walthamstow Wetlands and adjoining Marshes has
become a big attraction as people now value the outdoor space it pro-
vides in these new times we live in. The access to the new facilities
along the river Lea towards the Olympic site further enhance it’s ap-
peal. The regeneration of Hackney Wick is ongoing and history has
shown that once creative industries move in, the regeneration that
follows gives an accompanying rises in property values. Development
has also started along the Lea Bridge Road with a new overground
train station opened indicating the development in this locality.
 1 bed flat, Hackney
£40,000 future uplift

If you would like to secure this property please contact the

agent.