Summary - WATERMEAD HOUSE FLAT 63 HOMERTON ROAD LONDON E9 5RT
4 bed 1 bath Apartment
HMO licence and strong rental income potential close to transport links.
Approximately 777 sq ft, flexible 3-bed layout convertible to four bedrooms
Set on Homerton Road, this well-proportioned flat offers flexible living across approximately 77 m² (777 sq ft) with a layout that works as three bedrooms plus a study or four bedrooms for sharers. Large double-glazed windows and gas central heating provide day-to-day comfort, while the HMO licence and estimated rent of £3,200 pcm underline clear investment potential.
The building dates from the 1930s and retains period character, but communal exterior and some internal finishes show evidence of wear; the kitchen is serviceable but would benefit from modernization. There is a single shower room plus a separate WC, which is practical for sharers but may feel limiting for families wanting en suite facilities.
Location is a major strength: quick walks to Homerton and Hackney Wick Overground, easy links to Stratford International, and close proximity to award‑winning schools including Kingsmead Primary and Mossbourne Victoria Park Academy. Note practicalities: the property is leasehold (110 years remaining), an average service charge of about £1,380, and the local area scores as very deprived with crime above average — factors to consider for owner-occupiers and tenants alike.
Overall this flat suits buy-to-let investors seeking immediate HMO income or buyers wanting adaptable living near transport, parks and strong schools. It offers scope to add value through targeted cosmetic updating and slight reconfiguration.
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