Sold STC Flat

FLAT 89

416 MANCHESTER ROAD, LONDON, GREATER LONDON E14 3FD

2 beds 2 baths 89 m² Listed 20 Nov 2024 (-610d)

£425,000

Reduced on 8 Sep 2025

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Property photo

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Property details

Tenure

LEASEHOLD

Floor area

89 m²

Last sold

£420,000 Mar 2026

Local average

£506,875 (-16.2%)

Deprivation

Decile 3 (8,544 of 33,755)

Street crime

1113 incidents within 1 mile (May 2026)

Key features

  • Situated on Raised Ground floor of an exclusive development
  • Located on the banks of the river Thames
  • Luxurious 2 bedroom flat
  • Boasts contemporary interior throughout
  • Modern reception and open-plan high-specification kitchen
  • Well presented master bedroom with Ensuite shower room
  • Additional bedroom
  • Benefits Underground Parking and Porter

Additional details

Parking
Yes
Garden
Patio, Rear garden, Back garden

Description

This luxurious 2 bedroom flat is situated on the Raised Ground floor of an exclusive Riverside development and benefits from contemporary interiors, spacious accommodation, underground Parking and a Porter.

Transport links close to the property include Blackwall Station (DLR services) and Crossharbour Station (DLR services). For the motorist, the property's location provides quick and easy access to the A1206, A12, A13 and Blackwall Tunnel.

Please use the reference CHPK3288299 when contacting Foxtons.

Listed by

Canary Wharf

Foxtons

Reference: 155190527

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan area for info only, not for £/sq. ft valuation

Floorplan area for info only, not for £/sq. ft valuation

Floorplan 2

Floorplan 2

EPC Graphs

EER

EER

Price history

125% since 1999

Event Date Price % change
Sold 20/03/2026 (4 months ago) £420,000 +124.6%
Sold 26/03/1999 (27 years ago) £186,995 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
416 FLAT 14 MANCHESTER ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 3FD £637,500 12/11/2025 Flat
8 APARTMENT 308 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £621,000 22/04/2025 Flat
DOLLAR BAY POINT, 3 FLAT 2104 DOLLAR BAY PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AD £900,000 31/03/2025 Flat
8 APARTMENT 707 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £940,000 31/03/2025 Flat
8 APARTMENT 508 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £608,000 28/02/2025 Flat
34 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £435,000 15/08/2024 Flat
50 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £425,000 15/08/2024 Flat
63 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £900,000 15/08/2024 Flat
24 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £485,000 15/08/2024 Flat
30 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £495,000 15/08/2024 Flat
33 MERIDIAN PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FE £475,000 15/08/2024 Flat
8 APARTMENT 203 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £1,050,000 21/12/2023 Flat
8 APARTMENT 305 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £811,200 21/12/2023 Flat
8 APARTMENT 201 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £715,200 21/12/2023 Flat
8 APARTMENT 501 HARBORD SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QH £755,000 20/12/2023 Flat
QUEEN OF THE ISLE APARTMENTS, 1 FLAT 13 EAST FERRY ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 3NY £510,000 18/12/2023 Flat
19 FLAT 3 COLD HARBOUR, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9NS £518,000 16/10/2023 Flat
QUEEN OF THE ISLE APARTMENTS, 1 FLAT 11 EAST FERRY ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 3NY £460,000 04/08/2023 Flat
WILLOW HOUSE, 8 FLAT 201 RIVER BARGE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 3PJ £418,000 28/07/2023 Flat
LOTUS HOUSE, 35 FLAT 804 OVEX CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 3PP £520,000 28/07/2023 Flat

Area average: £633,945 (20 sales)

Capital growth trend

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

5y growth -29.7%
10y growth -2.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Tower Hamlets. Series: Flats and maisonettes. As of April 2026.

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

Rental Range

Estimated market rent for Tower Hamlets. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,177/mo
Realistic £2,419/mo
Optimistic £2,661/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Inner East London: £1,745/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View E14 3FD

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Jack Dash House 0.1 miles
Shop Tesco Express 0.1 miles
Bus stop Stewart Street 0.1 miles
Shop Island Wines 0.1 miles
Train station South Quay 0.3 miles
Train station Crossharbour 0.4 miles
University University of Greenwich 1.2 miles
Hospital A&E Department 2.4 miles
Hospital Rainbow Ward 2.5 miles
University NTU London 2.7 miles

Street-level crime

Category Count
Violence and sexual offences 318
Anti-social behaviour 247
Shoplifting 109
Other theft 92
Vehicle crime 74
Public order 66
Theft from the person 50
Burglary 49
Drugs 43
Robbery 25
Bicycle theft 22
Other crime 14
Criminal damage and arson 2
Possession of weapons 2
Total incidents 1113

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Panaga School Other 0.2 miles — (No rating)
Al Kafilah Damascus Shell School Other 0.2 miles — (No rating)
Pdo Oman School Other 0.2 miles — (No rating)
Ecole Yenzi Other 0.2 miles — (No rating)
Oman Lng LLC School Other 0.2 miles — (No rating)

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 Maisonette, Montford House, E14 £2,195/mo 2 0.25 miles OpenRent
2 Bed Flat, Van Gogh Court, E14 £2,350/mo 2 0.39 miles OpenRent
2 Bed Flat, Cadnam Lodge, E14 £1,950/mo 2 0.45 miles OpenRent

Average rent: £2,165/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £274,375
Target investor price (1%) £219,500
Gross yield 6.2%
Cost-to-rent ratio 16.1×
Monthly cashflow £277/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).