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Channelsea Road, E15

London

£300,000
Listed on 13/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
853 sqft

Description

This first-floor apartment in Hallings Wharf Studios offers a unique opportunity for buyers looking to invest in a property ripe for modernization. Spanning 853 square feet, the layout includes an entrance hallway with a video intercom system, an open-plan living area with access to a balcony, a galley kitchen, two spacious double bedrooms, and a bathroom featuring a separate shower enclosure. Heating is provided by a gas central heating system via a combination boiler, and the property benefits from double glazing throughout. Lift access is available to all floors. While the apartment currently requires comprehensive refurbishment, this presents an exciting chance for new owners to tailor finishes and specifications to their taste. The original fixtures from 2004 in both the kitchen and bathroom remain in place, and the laminate flooring is worn and in need of replacement. Full redecoration will be necessary to bring the space back to life. This property is being sold as seen with all services and appliances untested. Located within the Stratford regeneration zone, residents will enjoy excellent transport links with Stratford High Street DLR just 0.15 miles away and Stratford station at 0.4 miles offering Elizabeth Line, Central, Jubilee, and Overground services. The vibrant Westfield Stratford City shopping center and Queen Elizabeth Olympic Park are also conveniently located within half a mile. Ideal for cash buyers and savvy investors looking to add significant value through modern improvements, it’s important to note that EWS1 status should be confirmed prior to purchase.

Investment Analysis

(E15 area)

Below Market Value

This property is priced -39.3% below area average per sq ft

-39.3%
Potential saving
This Property
£352/sq ft
Area Average
£579/sq ft
Avg Rent (weekly)
£519
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£543,463
10% above area average per sq ft
Potential ROI
+59.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E15)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.8%
5 year growth: -1.1%
Investment Disclaimer: Analysis based on E15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Channelsea Road, E15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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