Flat 2, The Grainstore, 3 Seagull Lane, London, E16 1AZ

UPRN:10012839446Flat/MaisonetteBeds -Built 2003-2006

Tenure: -Council Tax: Band DEPC: C (73)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

Flat 2, The Grainstore, 3 Seagull Lane, London, E16 1AZ

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

19 of 21 sources

Sale Estimate

£379,000

£303k - £454kLow

Estimate

£379k

Range

£303k – £454k

Rent Estimate (pcm)

£1,950

£2k - £2k

Monthly

£1,950

Yield

4.18%

Verdict

Derived from HomePortfolio scores

Flat 2 earns an INVESTIGATE rating with HP Score 65/100. Investment score 73/100 reflects strong fundamentals. Crime intensity is elevated. Walkability is good (83/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

65/ 100

Mixed

Investment Score

73/ 100

High

Crime Score

85/ 100

Elevated

Walkability

83/ 100

High

Transit & Bike

Transit 63Bike 70

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

2 live adverts with different prices, types or bedrooms on one UPRN (£487,500-£560,000) - several homes collapsed onto one address, so the UPRN's valuation describes none of them

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£560,000

At the asking price

Monthly rent£1,950/mo

Evidenced range £1,850-£2,100

Interest rate5.4%

Loan to value75%

Cash required: £187,300
Net cash flow: -£540/mo
Cash on cash: -3.5%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.03 - below the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£379,000

Rent Estimate (pcm)£1,950

Gross Yield4.18%

1y Growth-

3y Growth-4.0%

5y Growth-2.8%

10y Growth+0.5%

Last Sold Price-

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceSignificant
RadonLow
MiningLow
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0E16 1AZ

Approval Rate

-12mo

Development

low

26/02162/VAR
Application under Section 73 to vary Condition 1 (Temporary Permission) attached to planning permission 24/02300/VAR dated 21st May 2025 to allow the continued use of office and mess accommodation for RMS for a temporary period ending 19 November 2026.
Pending
26/02258/CLP
Application for a lawful development certificate (proposed) for use of part of house as Private Hire Operator.
Pending
26/02243/AOD
Approval of details pursuant to Condition F3 (Piling) in relation to the Wall E3 package of works attached to Planning Consent 14/01605/OUT dated 19th August 2016.
Pending

View Planning Timeline

Ownership

Corporate Ownership27%
Overseas OwnershipNo
Lease Term Remaining172 yrs
CovenantsRestrictive
Lease Type-
Last Ownership Change-
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

20 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£36,080

Population Density-

Owner Occupied19%

Age Distribution

0-15 11%16-64 87%65+ 2%

View Area Profile

Schools Nearby

Hallsville Primary School
0.3 mi
Outstanding
Oasis Academy Silvertown
0.4 mi
Good
Britannia Village Primary School
0.4 mi
Good
St Joachim's Catholic Primary School
0.4 mi
Report card2025
Ofsted no longer awards a single overall grade.

2 of 13 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

The Grainstore, 3 Seagull Lane
-
£120k
-
The Grainstore, 3 Seagull Lane
-
£172k
-
The Grainstore, 3 Seagull Lane
-
£290k
-
The Grainstore, 3 Seagull Lane
-
£288k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN