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See how verdicts work2-bedroom flat · E3 4RW
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£525,000 - £550,000 The Detail: The apartment offers a bright and spacious open-plan kitchen, dining and living area, the kitchen itself is fully equipped with high-quality integrated appliances, including an AEG oven, microwave, hob, dishwasher and large fridge/freezer.
Both bedrooms are generously sized and offer versatile layouts.
The master bedroom benefits from built-in wardrobes and a sleek en-suite shower room and the second bedroom is cleverly arranged as a combination of office and nursery; with a built in cupboard as well - but the room is easily big enough for a guest room as well as office space.
A modern family bathroom with bath and overhead shower also serves the property.
Practicality has also been well considered, with a large storage cupboard housing the washer/dryer and offering valuable additional storage space.
The development provides further convenience with a secure phone entry system, lift access, locked bike storage and beautifully maintained communal courtyards.
Location: The location of the development means that Mile End Tube Station (Central, District and Hammersmith & City Lines) is only a short walk away, making commuting into the City and further into West London extremely easy.
For those that need Canary Wharf, Devon’s Road DLR is also within easy reach, although you could easily walk there within 25 minutes.
The property is also ideally located for cyclists, with good access to several major cycle highways.
There is plenty going on around Mile End with all necessary amenities close by, including various supermarkets - with a brand new Sainsbury’s having just opened next door, along with a new restaurant/café - adding even more convenience and vibrancy to the immediate area.
Local attractions include the beautiful Victoria Park and Bartlett Park, as well as Mile End Cemetery Park, a designated heritage site and one of London’s “Magnificent Seven” cemeteries, offering a lovely slice of nature and green space right on your doorstep.
There is also a great choice of pubs, restaurants and cafés nearby.
The development benefits from an active community with everything from dog-walking to bakery delivery services; there are also cycling clubs available.
With excellent transport links and a vibrant mix of green spaces and local amenities, this two-bedroom apartment at St Paul’s Square presents an exceptional home in one of East London’s most connected and characterful neighbourhoods.
Tenure: Leasehold Tax council band: D Local Authority: Tower Hamlets
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 402 Bight Court, 17, Nellie Cressall Way, London
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