# 2 bedroom flat for sale (E14 0ND)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 102, LIGHTERMAN POINT, 3, NEW VILLAGE AVENUE, LONDON, GREATER LONDON E14 0ND |
| Price | £425,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Last sold | £420,000 Feb 2026 |

## Description

Guide Price £425,000 to £450,000

Bright and Spacious 2-Bedroom Apartment with Balcony ? Ideal for First-Time Buyers

Positioned on the first floor of a sought-after private development, this bright, south-west facing apartment offers a generous living space. Featuring two double bedrooms, two modern bathrooms, and a sheltered balcony, this property provides comfort and convenience.

With a 24-hour concierge service and access to a well-equipped gym, this chain-free apartment is the perfect choice for first-time buyers looking for an easy move-in experience.

**Outside**

Accessed via the living room this south-west facing sheltered balcony has ample space for outside dining and is suitable for all year round use.

**Situation**

Aberfeldy Village is well located for access to Canary Wharf and the City of London, as well as Central London and London City Airport. Canning Town Jubilee Line station is situated approximately 0.5 miles from the property and East India DLR station approximately 0.6 miles allowing for quick and easy access into Central London.** Property Ref Number: ** 

HAM-57601

## Property Photos

- ![Photo](/listings/photos/160530329/1843075)
- ![Photo](/listings/photos/160530329/1843076)
- ![Photo](/listings/photos/160530329/1843077)
- ![Photo](/listings/photos/160530329/1843078)
- ![Photo](/listings/photos/160530329/1843079)
- ![Photo](/listings/photos/160530329/1843080)
- ![Photo](/listings/photos/160530329/1843081)
- ![Photo](/listings/photos/160530329/1843083)
- ![Photo](/listings/photos/160530329/1843084)
- ![Photo](/listings/photos/160530329/1843091)
- ![Photo](/listings/photos/160530329/1843093)

## Floorplans

- ![Floorplan 1](/listings/photos/160530329/1843097) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| LIGHTERMAN POINT, 3 FLAT 102 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0ND | £420,000 | 27/02/2026 | Flat |
| LIGHTERMAN POINT, 3 FLAT 102 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0ND | £256,025 | 28/10/2014 | 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 |
|---------|-------|------|------|
| SAILORS HOUSE, 16 FLAT 205 DEAUVILLE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0JT | £340,000 | 12/12/2025 | Flat |
| LANDING WAITERS HOUSE, 28 FLAT 305 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0GJ | £345,000 | 20/11/2025 | Flat |
| GLASS BLOWERS HOUSE, 15 FLAT 205 VALENCIA CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0LB | £425,000 | 12/11/2025 | Flat |
| LIGHTERMAN POINT, 3 FLAT 810 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0NH | £375,000 | 08/12/2023 | Flat |
| LANDING WAITERS HOUSE, 28 FLAT 105 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0GJ | £342,000 | 02/06/2023 | Flat |
| MORELLO HOUSE, 12 FLAT 1201 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £474,300 | 22/12/2022 | Flat |
| [Same street] LIGHTERMAN POINT, 3 FLAT 413 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0ND | £430,000 | 14/12/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 804 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £448,260 | 12/12/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 803 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £570,000 | 07/12/2022 | Flat |
| GLASS BLOWERS HOUSE, 15 FLAT 510 VALENCIA CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0LB | £490,000 | 02/12/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 1302 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £510,000 | 24/11/2022 | Flat |
| [Same street] LIGHTERMAN POINT, 3 FLAT 104 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0ND | £462,000 | 24/10/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 1304 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £484,500 | 21/10/2022 | Flat |
| SAILORS HOUSE, 16 FLAT 207 DEAUVILLE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0JT | £500,000 | 20/10/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 901 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £450,000 | 11/10/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 702 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £438,840 | 05/10/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 603 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £570,000 | 03/10/2022 | Flat |
| CHAINMAKERS HOUSE, 46 FLAT 401 BLAIR STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0JL | £360,000 | 28/09/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 701 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £443,610 | 28/09/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 703 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £600,000 | 16/09/2022 | Flat |
| 16 OBAN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0HZ | £239,635 | 16/09/2022 | Flat |
| MORELLO HOUSE, 12 FLAT 805 LEAMOUTH ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0US | £448,260 | 15/09/2022 | Flat |
| [Same street] LIGHTERMAN POINT, 3 FLAT 105 NEW VILLAGE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 0ND | £332,500 | 08/08/2022 | Flat |

**Street average:** £408,167 (3 sales)
**Area average:** £442,720 (20 sales)

## Price vs local average

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

- **Local average:** £510,517 (238 Flat, E14, 2024–2026)
- **Deviation:** -16.8%

## Rental Range

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

- **Low:** £2,186/mo
- **Realistic:** £2,429/mo
- **Optimistic:** £2,672/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, Glass Blowers House, E14 | £2,400/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Switch House, E14 | £2,650/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, Blackwall Way, E14 | £2,650/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Java House, E14 | £2,800/mo | 2 | 0.27 miles | OpenRent |

**Average rent: £2,625/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.62% (weak for cashflow)
- **Max investor price (0.8%):** £331,250
- **Target investor price (1%):** £265,000

*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 £2,650/mo).*

- **Gross yield:** 7.5%
- **Cost-to-rent:** 13.4×
- **Monthly cashflow:** £686/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.7%

*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:** -32.6%
- **10y growth:** -0.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -14.7%
- **5y growth (index):** -18.7%
- **10y growth (index):** -11.1%

## 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)