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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, Reservoir Studios 547 is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Reservoir Studios 547 is £327,721 and the estimated rental value is £2,026 per month.
The apartment is within Reservoir Studios, Cable Street, London, E1.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, Reservoir Studios 547 has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Reservoir Studios 547 is in very good condition we estimate a sale value of £344,107 and a rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,780 and a rental value of £1,885 per month.
Over the last 12 months the sale value of Flat 2 Reservoir Studios 547 has decreased by an estimated £10,380 (3.2%) and its rental value has increased by an estimated £136 per month (6.7%), giving an expected gross yield of 7.4%.
Flat 2, Reservoir Studios 547 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, Reservoir Studios 547 was last sold on 5th December 2000 for £129,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Reservoir Studios 547 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 7, Rosea House 4, Boulcott Street, London, E1 0HR, a leasehold flat which sold for £310,000 on the 20th July 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, London, E1 has a total of 652 addresses. According to our analysis of all the public data, Flat 2, Reservoir Studios 547 is the 449th largest and the 435th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in E1.
The nearest school is Marion Richardson Primary School which is 278 metres away. The nearest train station is Limehouse which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
