Flat C, 30 Colvestone Crescent, Hackney, London, E8 2LH
London
£255,000Guide Price
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
1Type
FlatDescription
Offered at auction, this vacant first-floor one-bedroom flat is arranged with a reception room, separate kitchen, bedroom and shower room with WC. The listing describes the property as requiring modernisation, providing scope for a purchaser to update the accommodation. It is in Dalston, close to local shops, cafés, restaurants and other amenities around Kingsland High Street, with Dalston Kingsland and Dalston Junction stations and local bus services nearby. London Fields and Hackney Downs are also within reach.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: LOW
This vacant first-floor flat has a useful separate reception room, kitchen and bedroom, with Dalston’s shops, cafés and Overground connections close by. The photographed interiors offer a clear improvement project: worn finishes and marked walls run across the rooms shown, while the kitchen and shower room are ready for updating. At £45,000–£75,000, the works could refresh the flat and give it a more cohesive finish; the visible period frontage appears generally intact. The overall WHOTS score is 42/100 (E), with the location a positive but the fundamentals below average. Floor area is missing, so value versus local £/sqf cannot be judged yet.
Key opportunities
- Refresh the separate reception room and bedroom with new flooring, redecorated walls and repaired surface finishes.
- Replace the dated kitchen fittings and update the shower room to create a more consistent, modern interior.
- Use the existing separate reception, kitchen and bedroom layout as the starting point for a considered one-bedroom home in a well-connected Dalston location.
Key risks
- The £45,000–£75,000 works range makes this a substantial multi-room improvement programme rather than a cosmetic refresh; allow for budget and programme coordination across finishes, kitchen and shower room.
- Floor area is unavailable, so the flat’s value against local £/sqf cannot yet be assessed.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£963
Based on a loan of £191,250 over 30 years at 4.45% interest
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