# Studio flat for rent (E18 2JZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 WASHINGTON ROAD, LONDON, GREATER LONDON E18 2JZ |
| Price | £650 pcm |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 86 m² |
| Last sold | £450,000 Aug 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 27/05/2035
- **Current heating cost:** £872/year
- **Est. upgrade cost to C:** £19,725

### Recommendations
- A (£100 - £350)
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2718-4550-2825-4041)

## Description

Quiet, friendly house split into 7 bedsits, sharing 3 bathrooms.  

Light, airy first floor room looking out over the front of the house.

Room has own kitchen facilities and a modern storage heater run on an economy 7 meter which provides economical heating.

Flat has its own electricity meters which removes any concern about sharing bills with other residents.

Bathroom facilities on both floors, offering option of bath or shower.

Almost all existing tenants have lived at 5 Washington Road for many years, having found it to be a safe, convenient location, well maintained and managed by a friendly, hands-on landlord. 

The property has been in the landlord’s family for more than 70 years!

Property is perfectly located very close to shops, supermarkets, restaurants and other amenities of George Lane and just a 10 minute walk to South Woodford tube station. 

To be rented to one occupant only. Council Tax Band:  Holding Deposit: £150.00

## Property Photos

- ![Photo](/listings/photos/139268861/647421)
- ![Photo](/listings/photos/139268861/647423)
- ![Photo](/listings/photos/139268861/647424)
- ![Photo](/listings/photos/139268861/647427)
- ![Photo](/listings/photos/139268861/647429)
- ![Photo](/listings/photos/139268861/647431)
- ![Photo](/listings/photos/139268861/647433)

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #5445364
- **Address:** 3 Washington Road, South Woodford, E18 2JZ
- **Certificate Issued:** 11/02/2008
- **Work Completed:** 01/02/2008
- **Items:** 1 window(s), 1 door(s)

### FENSA Certificate #8387073
- **Address:** 3 Washington Road, LONDON, E18 2JZ
- **Certificate Issued:** 19/09/2011
- **Work Completed:** 28/03/2011
- **Items:** 1 door(s)

### FENSA Certificate #2693637
- **Address:** 3 Washington Road, LONDON, E18 2JZ
- **Certificate Issued:** 09/05/2005
- **Work Completed:** 11/04/2005
- **Items:** 1 door(s)

## Rental Range

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

- **Low:** £1,552/mo
- **Realistic:** £1,724/mo
- **Optimistic:** £1,896/mo

## LHA (Local Housing Allowance)

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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Woodstock Road, E17 | £2,350/mo | 2 | 0.71 miles | OpenRent |
| 5 Bed Detached House, Forest Road, E17 | £3,000/mo | 5 | 0.71 miles | OpenRent |
| 3 Bed Terraced House, Macdonald Road, E17 | £2,500/mo | 3 | 0.89 miles | OpenRent |
| 2 Bed Flat, St Barnabas Road, IG8 | £2,000/mo | 2 | 0.93 miles | OpenRent |

**Average rent: £2,463/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,425/mo).*

- **Gross yield:** 4476.9%
- **Monthly cashflow:** £2,155/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13718.5%

*Gross yield = annual rent as % of price (no costs). 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:** £8/m²

## 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)