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Average rents on Formunt Close range from between £543 to £1,150 per month depending on the size of the property, but invariably this area provides a high quality of housing stock to landlords and tenants alike.

Home > London Property Insights > Newham > Formunt Close

Formunt Close E16


£1,378

average monthly rent

7.5

tenant demand rating

6.17%

average property yield
  • DETACHED
    4.24%
  • SEMI-DETACHED
    6.09%
  • TERRACED
    23.67%
  • APARTMENT
    64.12%
  • NOT SPECIFIED
    1.86%

Property statistics & a breakdown of the types of property in Newham

Recent rent valuations around Formunt Close

Transport icon

Local transport

  • Tfl buses
    Rogers Road 148m
    BUS | 147, 241, N551
  • Tfl buses
    Shirley Street 267m
    BUS
  • Tfl buses
    Keir Hardie Recreation Ground 288m
    BUS | 147, 241, N551
  • Tfl buses
    Hermit Road 343m
    BUS | 115, 241, 276, 300, 330, 474, 5, 69, N15
  • Tfl buses
    Hallsville Primary School 350m
    BUS | 147, 241, N551
  • Tfl buses
    Hermit Road 359m
    BUS | 241, 276, 300, 330, 474, 5, 69, N15
Schools icon

Local schools

  • Rokeby School
  • Keir Hardie Primary School
  • Hallsville Primary School
  • St Lukes Primary and Nursery School
  • Saint Helen's Catholic Primary School
Places of interest icon

Local places of interest

  • Ibis Lodging
  • Squires Cafe & African Restaurant Cafe
  • Peacock Gymnasium Gym
  • Direct take away Meal takeaway
  • Jolsagar Restaurant

Formunt Close is in the London borough of Newham.

Property in Newham is mainly made up of apartments, making it ideal for landlords looking to invest in detached, but a tough harder location for tenants seeking the same.

Rent values are high in Newham, compared to the rest of the London.

"Acting as one of the host boroughs for the London 2012 Olympics has put it on the map, and the huge levels of investment flowing into the area will only increase its popularity."
Stuart

Stuart

Local property specialist
newham@rentify.com

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