# 1 bedroom flat for sale (N4 2JP)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 10, BANKSIDE APARTMENTS, COSTER AVENUE, LONDON, GREATER LONDON N4 2JP |
| Price | £375,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £418,000 Aug 2025 |

## Description

Welcome to the charming Mulberry Apartments, a delightful residential building located in the heart of Woodberry Down. This elegant apartment offers the perfect blend of comfort and convenience, with an open plan kitchen come living area, integrated appliances a large bedroom and spacious outdoor area, this property is a must see.

The property is conveniently located only a stones throw from the East and West reservoirs, as well as numerous coffee shops, restaurants, gyms and local amenities. Manor House station, with the Piccadilly line, is only three minutes walk, making commuting into Central London a breeze.

Dont miss out on this exceptional offering at Mulberry Apartments, call today for more information.

The information provided in this listing, including, but not limited to, service charge, ground rent, lease length, and property amenities, has been supplied by the seller. JBrown International cannot guarantee the correctness of this information and will not be held liable for this information. All interested parties should rely on their own enquiries and ensure that all details are independently verified by their solicitor during the conveyancing process.

## Property Photos

- ![Photo](/listings/photos/174594443/686305)
- ![Photo](/listings/photos/174594443/686307)
- ![Photo](/listings/photos/174594443/686309)
- ![Photo](/listings/photos/174594443/686312)
- ![Photo](/listings/photos/174594443/686313)
- ![Photo](/listings/photos/174594443/686314)
- ![Photo](/listings/photos/174594443/686315)
- ![Photo](/listings/photos/174594443/686316)
- ![Photo](/listings/photos/174594443/686318)
- ![Photo](/listings/photos/174594443/686320)

## Floorplans

- ![Floorplan 1](/listings/photos/174594443/686323) - Floorplan 1

## EPC Graphs

- ![EPC Graph](/listings/photos/174594443/686325) - EPC Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| BANKSIDE APARTMENTS FLAT 10 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2JP | £418,000 | 22/08/2025 | 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 |
|---------|-------|------|------|
| WILLOWBROOK HOUSE FLAT 203 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2ZB | £698,750 | 05/01/2026 | Flat |
| HARTINGTONS COURT FLAT 116 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2WN | £148,500 | 12/12/2025 | Flat |
| LEIGHFIELD HOUSE FLAT 12 WOODBERRY DOWN ESTATE, LONDON, HACKNEY, GREATER LONDON, N4 2TR | £375,000 | 05/03/2025 | Flat |
| HARTINGTONS COURT FLAT 102 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2WN | £675,000 | 10/01/2025 | Flat |
| LONSDALE HOUSE FLAT 24 WOODBERRY DOWN ESTATE, LONDON, HACKNEY, GREATER LONDON, N4 2TP | £430,000 | 20/12/2024 | Flat |
| KINGLY BUILDING, 18 FLAT 97 WOODBERRY DOWN, LONDON, HACKNEY, GREATER LONDON, N4 2GQ | £530,000 | 15/12/2023 | Flat |
| MULBERRY APARTMENTS FLAT 8 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2LD | £102,500 | 01/12/2023 | Flat |
| MULBERRY APARTMENTS FLAT 22 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2LD | £373,000 | 03/11/2023 | Flat |
| HARTINGTONS COURT FLAT 159 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2WP | £545,000 | 03/11/2023 | Flat |
| WILLOWBROOK HOUSE FLAT 114 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2ZT | £157,500 | 25/07/2023 | Flat |
| MULBERRY APARTMENTS FLAT 6 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2LD | £405,000 | 07/06/2023 | Flat |
| BANKSIDE APARTMENTS FLAT 22 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2JP | £412,500 | 14/04/2023 | Flat |
| LEIGHFIELD HOUSE FLAT 18 WOODBERRY DOWN ESTATE, LONDON, HACKNEY, GREATER LONDON, N4 2TR | £405,000 | 02/03/2023 | Flat |
| HAVERING HOUSE FLAT 21 WOODBERRY DOWN ESTATE, LONDON, HACKNEY, GREATER LONDON, N4 1QQ | £405,000 | 21/12/2022 | Flat |
| MULBERRY APARTMENTS FLAT 34 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2LD | £387,000 | 20/12/2022 | Flat |
| KINGLY BUILDING, 18 FLAT 49 WOODBERRY DOWN, LONDON, HACKNEY, GREATER LONDON, N4 2GQ | £499,000 | 01/11/2022 | Flat |
| WILLOWBROOK HOUSE FLAT 101 COSTER AVENUE, LONDON, HACKNEY, GREATER LONDON, N4 2ZT | £156,875 | 30/09/2022 | Flat |
| MARLBOROUGH HOUSE FLAT 9 GREEN LANES, LONDON, HACKNEY, GREATER LONDON, N4 2NJ | £425,000 | 30/09/2022 | Flat |
| ODELL HOUSE, 16 FLAT 38 WOODBERRY DOWN, LONDON, HACKNEY, GREATER LONDON, N4 2GB | £730,000 | 28/09/2022 | Flat |
| 6 SPRING PARK DRIVE, LONDON, HACKNEY, GREATER LONDON, N4 2ZF | £1,323,450 | 28/09/2022 | Flat |

**Area average:** £459,204 (20 sales)

## Price vs local average

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

- **Local average:** £548,074 (118 Flat, N4, 2024–2026)
- **Deviation:** -31.6%

## Rental Range

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

- **Low:** £2,354/mo
- **Realistic:** £2,615/mo
- **Optimistic:** £2,877/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £648/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 |
|------|------|------|------|------|
| 1 Bed Flat, Willowbrook House, N4 | £2,450/mo | 1 | 0.08 miles | OpenRent |
| 1 Bed Flat, Rivulet Apartments, N4 | £2,200/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Gloucester Drive, N4 | £1,500/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, Gloucester Drive, N4 | £1,595/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, Hermitage Road, N4 | £1,950/mo | 1 | 0.35 miles | OpenRent |

**Average rent: £1,939/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £243,750
- **Target investor price (1%):** £195,000

*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 £1,950/mo).*

- **Gross yield:** 6.2%
- **Cost-to-rent:** 16×
- **Monthly cashflow:** £253/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.8%

*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).*

## Capital growth trend

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

- **5y growth:** -2.1%
- **10y growth:** 15.5%

## House Price Index (HM Land Registry)

*Official index for Hackney; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** 1.4%
- **10y growth (index):** 1.9%

## 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)