# 2 bedroom apartment for sale (E14 0BY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 STONEYARD LANE, LONDON, GREATER LONDON E14 0BY |
| Price | £340,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 54 m² |
| Last sold | £362,500 Sep 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 13/10/2032
- **Current heating cost:** £251/year
- **Est. upgrade cost to C:** £1,748

### Recommendations
- A (£100 - £350)
- C (£15 - £30)
- L2 (£1,200 - £1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0202-7620-9609-0434-0292)

## Description

Gated development with secure parking! Share of Freehold! Vacant possession! 2 double bedrooms! 2 minutes to poplar DLR Station and 12 minutes to Elizabeth & Jubilee Lines at Canary Wharf! Large balcony! No chain! Great opportunity for first time buyers, commuters and buy to let investors!

This beautiful apartment located in the heart of Poplar has the shops, restaurants, cafes, and shopping all around and fast, convenient connections to the City, Central & West London on your doorstep... but it is quietly tucked away within this leafy development right next to pretty Stoneyard Lane Gardens.

Neighbourhood attractions destinations include Shajalal Mosque, New City College, and for those who enjoy green spaces or have pets, Poplar Bowling Green, Pennyfields Park and Poplar Recreation Ground.

Great option for anyone! Call to arrange a viewing!

## Property Photos

- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996413) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996414) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996415) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996416) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996417) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996418) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996419) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996420) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996421) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996422) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996423) - buy to let property for sale at isle of dogs, E14 
- ![buy to let property for sale at isle of dogs, E14 ](/listings/photos/90449052/996424) - buy to let property for sale at isle of dogs, E14 

## Floorplans

- ![stoneyard lane floor plan.png](/listings/photos/90449052/996425) - stoneyard lane floor plan.png

## EPC Graphs

- ![EE Rating](/listings/photos/90449052/996426) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 STONEYARD LANE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0BY | £362,500 | 29/09/2023 | Flat |
| 15 STONEYARD LANE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0BY | £225,000 | 30/10/2009 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 26 APARTMENT 2003 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £530,000 | 11/03/2026 | Flat |
| EAST INDIA BUILDINGS FLAT 3 SALTWELL STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0DH | £380,000 | 31/03/2025 | Flat |
| 26 APARTMENT 2009 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £790,000 | 13/12/2023 | Flat |
| HORIZON BUILDING, 15 FLAT 28 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4AW | £400,000 | 30/11/2023 | Flat |
| 32 WESTCOTT HOUSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0DG | £380,000 | 04/07/2023 | Flat |
| HORIZON BUILDING, 15 FLAT 36 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4AW | £885,000 | 28/06/2023 | Flat |
| HORIZON BUILDING, 15 FLAT 36 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4AW | £885,000 | 28/06/2023 | Flat |
| 26 APARTMENT 1602 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £782,000 | 08/06/2023 | Flat |
| 26 APARTMENT 1509 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £480,000 | 02/06/2023 | Flat |
| 26 APARTMENT 2605 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EG | £600,000 | 25/11/2022 | Flat |
| PALM COURT, 123 FLAT 7 POPLAR HIGH STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0AE | £283,000 | 28/10/2022 | Flat |
| 26 APARTMENT 1803 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £865,000 | 08/06/2022 | Flat |
| 26 APARTMENT 1903 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £880,000 | 03/02/2022 | Flat |
| 26 APARTMENT 2507 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EG | £720,000 | 06/12/2021 | Flat |
| [Same street] 6 STONEYARD LANE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0BY | £348,000 | 16/11/2021 | Flat |
| [Same street] 9 STONEYARD LANE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0BY | £360,000 | 11/11/2021 | Flat |
| 26 APARTMENT 2002 HERTSMERE ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 4EF | £860,000 | 26/10/2021 | Flat |
| 3 FLAT 6 FINCHS COURT MEWS, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0FY | £230,000 | 08/09/2021 | Flat |
| 3 FLAT 7 FINCHS COURT MEWS, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0FY | £230,000 | 08/09/2021 | Flat |

**Street average:** £354,000 (2 sales)
**Area average:** £598,824 (17 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £501,061 (228 Flat, E14, 2024–2026)
- **Deviation:** -32.1%

## Rental Range

*ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,177/mo
- **Realistic:** £2,419/mo
- **Optimistic:** £2,661/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,745/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, East India Buildings, E14 | £2,500/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Flat, Block C, E14 | £2,600/mo | 2 | 0.18 miles | OpenRent |

**Average rent: £2,550/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £318,750
- **Target investor price (1%):** £255,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,550/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £931/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £6,296/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -30.9%
- **10y growth:** 3%

## House Price Index (HM Land Registry)

*Official index for Tower Hamlets; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -12.8%
- **5y growth (index):** -17.7%
- **10y growth (index):** -9.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
