# 2 bedroom apartment for sale (E8 3FU) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 2, 20 LONDON LANE, LONDON, GREATER LONDON E8 3FU | | Price | £665,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Floor area | 51 m² | | Last sold | £197,600 Jan 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 19/03/2029 - **Current heating cost:** £170/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0462-3810-7177-9921-0355) ## Description Southern Space are delighted to offer this fantastic fourth floor 2 bedroom apartment set in the heart of Hackney. With 775 sq/ft of living space, large windows and fourth floor views, fully fitted kitchen and a separate living area, en-suite to master bedroom and high-end interiors this apartment is an ideal home with outstanding transport connections to the city. London Lane offers a contemporary collection of apartments, from one bedroom flats to four bedroom duplexes. Each home has been beautifully crafted and features high-end interior specifications designed to compliment open-plan, light filled spaces. These spacious apartments all include sleek, streamlined kitchens, with fully integrated SMEG appliances. Contemporary tiled bathroom suites are bright and airy and all homes are finished with top quality laminate flooring throughout. There is a real variety in internal layouts at London Lane to cater for all tastes. Some apartments feature open-plan living and dining, others offer separate kitchens. There are ample storage solutions throughout and additional shower rooms alongside master bedrooms. London Lane is the perfect base from which to enjoy the very best of east London living whilst benefitting from just a 10 minute commute to the City. With London Fields Overground station on your doorstep you are brilliantly connected to central London and beyond for both work and play. Professionals working in the City can be in Liverpool Street in just 10 minutes, while the tech hub of Old Street can be reached in under 25. FEATURES Terrace Modern kitchen fitted with ceramic hob and extractor hood Zanussi washer dryer, dishwasher and free standing fridge freezer Tiled bathroom Neutral carpet to bedrooms, living room and hallways Full central heating TV points and an entry phone system Sky + and Hotbird provision Access to the communal garden These beautiful new homes will be ready to move into Autumn 2018. **About Southern Space** When you buy a home, you want everything to be perfect. From the soft-close drawers in your kitchen to the heated towel rail in your bathroom, it's great to know every detail has been properly thought through. At Southern Space you're dealing with a company that has a long established reputation for quality. You can depend on our craftsmanship and commitment. The homes we build are desirable, stylish, practical, durable and eco-friendly. And, as a non-profit organisation, we reinvest all our money to benefit customers and stakeholders. People like you. Images shown are for illustrative purposed only and intended as a guide only. ## Property Photos - ![Photo](/listings/photos/73946612/1018634) - ![Photo](/listings/photos/73946612/1018635) - ![Photo](/listings/photos/73946612/1018636) - ![Photo](/listings/photos/73946612/1018637) - ![Photo](/listings/photos/73946612/1018638) - ![Photo](/listings/photos/73946612/1018639) - ![Photo](/listings/photos/73946612/1018640) - ![Photo](/listings/photos/73946612/1018641) - ![Photo](/listings/photos/73946612/1018642) ## Floorplans - ![Floorplan 1](/listings/photos/73946612/1018643) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 20 FLAT 2 LONDON LANE, LONDON, HACKNEY, GREATER LONDON, E8 3FU | £197,600 | 23/01/2026 | 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 | |---------|-------|------|------| | 19 MENTMORE TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 3PN | £1,237,500 | 20/06/2025 | Flat | | 66 MARTELLO STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QP | £220,650 | 21/05/2025 | Flat | | STABLES LODGE, 221 FLAT 1 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QJ | £360,000 | 12/03/2025 | Flat | | ARTHAUS APARTMENTS, 205 FLAT 9 RICHMOND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 3FF | £480,000 | 21/02/2025 | Flat | | 15 HACON SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 3QR | £515,000 | 15/12/2023 | Flat | | VANGUARD HOUSE, 70 FLAT 30 MARTELLO STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QQ | £425,000 | 08/12/2023 | Flat | | ARTHAUS APARTMENTS, 205 FLAT 11 RICHMOND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 3FF | £540,000 | 19/10/2023 | Flat | | 20C MARTELLO STREET, LONDON, HACKNEY, GREATER LONDON, E8 3PE | £750,000 | 13/10/2023 | Flat | | 39 FLAT 2 GRANSDEN AVENUE, LONDON, HACKNEY, GREATER LONDON, E8 3QA | £550,000 | 17/08/2023 | Flat | | [Same street] 32 FLAT 15 LONDON LANE, LONDON, HACKNEY, GREATER LONDON, E8 3FU | £537,500 | 14/07/2023 | Flat | | 31 FLAT 14 GRANSDEN AVENUE, LONDON, HACKNEY, GREATER LONDON, E8 3QA | £865,000 | 06/07/2023 | Flat | | PITCAIRN HOUSE FLAT 47 ST THOMAS'S SQUARE, LONDON, HACKNEY, GREATER LONDON, E9 6PT | £420,000 | 27/06/2023 | Flat | | 191B MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QE | £597,500 | 07/06/2023 | Flat | | ARTHAUS APARTMENTS, 205 FLAT 16 RICHMOND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 3FF | £475,000 | 23/03/2023 | Flat | | 5 UNIT 3 MENTMORE TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 3PN | £350,000 | 14/02/2023 | Flat | | 50 FLAT 6 HACON SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 3QY | £252,500 | 12/12/2022 | Flat | | 5 FLAT 2 MENTMORE TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 3PN | £1,025,000 | 09/12/2022 | Flat | | 18 FLAT 2 MARTELLO STREET, LONDON, HACKNEY, GREATER LONDON, E8 3PE | £1,050,000 | 07/12/2022 | Flat | | CYNTRA PLACE, 201 UNIT 2 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QE | £670,000 | 28/11/2022 | Flat | | VANGUARD HOUSE, 70 FLAT 57 MARTELLO STREET, LONDON, HACKNEY, GREATER LONDON, E8 3QQ | £525,000 | 25/11/2022 | Flat | | 50 FLAT 12 HACON SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 3QY | £635,000 | 18/11/2022 | Flat | | [Same street] 32 FLAT 12 LONDON LANE, LONDON, HACKNEY, GREATER LONDON, E8 3FU | £700,000 | 06/09/2022 | Flat | | [Same street] LONDON LANE COURT 8 LONDON LANE, LONDON, HACKNEY, GREATER LONDON, E8 3FU | £990,000 | 15/07/2022 | Terraced | **Street average:** £742,500 (3 sales) **Area average:** £597,158 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £561,936 (70 Flat, E8, 2024–2026) - **Deviation:** +18.3% ## Rental Range *ONS Price Index of Private Rents (Hackney). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £2,360/mo - **Realistic:** £2,622/mo - **Optimistic:** £2,884/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, Tudor House, E9 | £2,300/mo | 2 | 0.2 miles | OpenRent | | 2 Bed Flat, Greenwood Road, E8 | £2,300/mo | 2 | 0.35 miles | OpenRent | **Average rent: £2,300/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £287,500 - **Target investor price (1%):** £230,000 *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 £2,300/mo).* - **Gross yield:** 4.2% - **Cost-to-rent:** 24.1× - **Monthly cashflow:** £-574/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.6% *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:** £13,039/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 3.5% - **10y growth:** 20.2% ## House Price Index (HM Land Registry) *Official index for Hackney; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 0.6% - **5y growth (index):** 4.4% - **10y growth (index):** 8.2% ## 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)