Summary - WATERMEAD HOUSE FLAT 63 HOMERTON ROAD LONDON E9 5RT
4 bed 1 bath Apartment
HMO-ready 4-bed layout with strong rental potential and excellent transport links.
HMO licence in place — ready for sharers or investor lettings
This spacious 3-bedroom flat is arranged as a flexible 4-bedroom layout and comes with an HMO licence — a ready-made option for sharers or investors targeting strong rental demand in Hackney. At about 77 m² (777 sq ft) the apartment offers a separate study, bright rooms from large double-glazed windows, and gas central heating, giving straightforward modern living for tenants.
Location is a key strength: Homerton and Hackney Wick Overground stations and Stratford International are within easy reach, supporting quick commutes and high tenant demand. Nearby Victoria Park, Hackney Wick and Chatsworth Road add lifestyle appeal, while several highly rated schools (including Kingsmead Primary and Clapton Girls’ Academy) broaden lettable demographics for families as well as sharers.
Be clear on the trade-offs. The building dates to the 1930s with solid brick walls likely lacking modern cavity insulation; parts of the exterior and internal kitchen show wear and will need maintenance or updating. There is a single bathroom plus an additional WC, and the service charge is about £1,380 pa. The surrounding area is classed as very deprived with above-average crime — factors that influence rental pricing and management approach.
For investors the figures look promising: an estimated rent of £3,200 PCM and an existing HMO licence shorten the path to income. Leasehold tenure has about 110 years remaining, and practical features such as double glazing, mains gas boiler heating, fast broadband and excellent mobile signal support lettings. Expect routine maintenance and some modernization to maximise value and rental yield.
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