220 Stepney Way, London
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220 Stepney Way, London

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We have confidence in this estimated current valuation Updated recently
£126,500
Or £822 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jan 11, 2022
£115,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 220 Stepney Way, London, a cozy and compact type home with 2 bed in the E1 3EZ area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £126,500 and a rental potential of £822 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jan 11, 2022. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"Key features:

  • Guideline Minimum Deposit £11,500
  • Guideline Income Dual £47.5k Single £53.1k
  • Second Floor (building has a lift)
  • Approx. 697 Sqft Gross Internal Area
  • Dual-Aspect Reception
  • Semi-Open-Plan Kitchen
  • South Facing Balcony
  • Short Walk from Whitechapel Station

    • Full description:
      SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £460,000). Chain Free. This two-bedroom apartment is on the second floor of a modern development and features a dual-aspect reception room with attractive flooring, a south-facing balcony and access to the semi-open-plan kitchen. Both bedrooms are comfortable doubles and one also benefits from windows on two sides and a built-in Sharps wardrobe. There is a spacious bathroom and useful additional fitted storage has been provided in the entrance hallway. New carpets in the property were fitted 1 year ago. Whitechapel Station is just a short walk away and currently provides Hammersmith & City, District Line and London Overground services with Elizabeth Line (Crossrail) trains due to operate from the station in the near future. Stepney Green, Shadwell and Limehouse Stations (Hammersmith & CityDLRC2C) are also within easy reach.


      Tenure: Leasehold (100 years from 2006).
      Minimum Share: 25% (£115,000). The housing association will expect that you will purchase the largest share affordable.
      Shared Ownership Rent: £810.90 per month (subject to annual review).
      Service Charge: £121.03 per month (subject to annual review).
      Guideline Minimum Income: Dual - £47,500 Single - £53,100 (based on minimum share and 10% deposit).
      Council Tax: Band D, Tower Hamlets. Priority is given to applicants living andor working in this local authority.

      This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

      Second Floor

      Reception Room
      17‘ 11" x 11‘ 6" (5.46m x 3.51m)

      Kitchen
      8‘ 5" x 8‘ (2.57m x 2.44m)

      Bedroom 1
      14‘ 4" max. x 8‘ max. (4.37m x 2.44m)

      Bedroom 2
      12‘ 5" x 9‘ 3" (3.78m x 2.82m)

      Bathroom

      "

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £576 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Date Palm Primary School
0.1mi
Wapping High School
0.1mi
Madani Secondary Girls' School
0.1mi
Mulberry School for Girls
0.1mi
Buttercup Primary School
0.2mi
Nearby Stations
Whitechapel Station
0.2mi
Shadwell Station
0.4mi
Bethnal Green Station
0.5mi
Aldgate East Station
0.5mi
Shoreditch Station
0.6mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 220 Stepney Way, London worth?

    220 Stepney Way, London is now worth £126,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 220 Stepney Way, London - click click here to get a valuation with no strings attached.

  2. What is the rental value of 220 Stepney Way, London?

    The current rental valuation for this property is £822 per month, within a price range of £740 and £904.

  3. How many bedrooms does 220 Stepney Way, London have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 220 Stepney Way, London?

    Nearby schools in include Date Palm Primary School, Wapping High School, Madani Secondary Girls' School, Mulberry School for Girls, Buttercup Primary School

    Nearby stations in include Whitechapel Station, Shadwell Station, Bethnal Green Station, Aldgate East Station, Shoreditch Station.

  5. What type of property is 220 Stepney Way, London

    This is a property. There are 9 other properties on Stepney Way, and 63 in total.

  6. When was 220 Stepney Way, London built? How old is 220 Stepney Way, London?

    220 Stepney Way, London was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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