Filey Avenue, London
London
£410,000Guide Price
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
1Type
Ground FlatArea
884 sqftFeatures
- Garden
Description
Offered at auction, this vacant ground and lower-ground-floor flat is arranged over two levels and measures approximately 82 square metres. The accommodation comprises an entrance hall, one bedroom, a reception room, kitchen, bathroom with WC and utility room, with storage rooms on the lower-ground floor. There is also a rear garden.
The property is described as requiring updating. It is offered with a new 990-year lease and peppercorn ground rent. The EPC rating is D and the council tax band is C. The location is described as convenient for Stamford Hill, Springfield Park, Clapton and Hackney, with local bus services, rail connections and road links including the A10 and A406.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £410,000, the guide is about 41% below the local average per square foot, making this a compelling price-led opportunity to acquire a long-leasehold garden flat. The light updating scope includes refreshing the dated, marked kitchen finishes, refinishing the worn reception floorboards and clearing the overgrown rear garden. The bay window brings good natural light, and the lower-ground storage adds useful flexibility. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Limited photo coverage makes the renovation assessment further provisional.
Key opportunities
- Refresh the dated kitchen finishes to give the flat a more current feel.
- Refinish the worn reception floorboards and make the most of the bay window and natural light.
- Clear and reinstate the overgrown rear garden as a useful outdoor space.
Key risks
None recorded.
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Transport
Nearest stations
Stoke Newington Rail Station
0.5 miles
Train · Stoke Newington
Clapton Rail Station
0.5 miles
Train · Upper Clapton
Rectory Road Rail Station
0.6 miles
Train · Stoke Newington
Stamford Hill Rail Station
0.8 miles
Train · Stamford Hill
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,549
Based on a loan of £307,500 over 30 years at 4.45% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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