2-bedroom flat · E3 5LH
For saleReduced £25k (−7.1%) on 6 AugListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Chain free! Delaneys are delighted to present this two-bedroom apartment, ideally positioned just moments from the ever-popular Roman Road Market.
This bright and spacious property offers a generous living area filled with natural light, separate kitchen, and two well-proportioned bedrooms, making it an excellent choice for first-time buyers, investors, or those seeking a home in a prime East London location.
Set within a vibrant and well-connected neighbourhood, the property is just a short walk from Roman Road's bustling market, independent shops, cafés, and excellent transport links, providing quick and easy access across London.
Further benefits include a short walk Victoria Park, offering a peaceful outdoor space to relax and unwind.
Properties in this location and condition are in high demand - early viewing is strongly recommended. A superb opportunity to secure a stylish, conveniently located home in the heart of East London.
Council Tax Band: C Tenure: Leasehold (90 years) Ground Rent: £10 per year Service Charge: £1,600 per year Entrance Secure access to stairs to second floor to own front door.
Porch Cupboard housing boiler and door to. Dining Room W: 8' 5" x l: 7' (w: 2.57m x l: 2.13m) Open plan to lounge, radiator and wood effect flooring.
Kitchen W: 7' 1" x l: 12' 5" (w: 2.16m x l: 3.78m) Double glazed window to rear, wall units along 2 walls, work surfaces along 2 walls, electric oven with 4 ring gas hob and space for domestic appliances.
Lounge W: 11' 8" x l: 14' 6" (w: 3.56m x l: 4.42m) Double glazed window to front, radiator, wood effect flooring and doors to. Landing Loft access, storage cupboard and doors to.
Bedroom 1 W: 11' 8" x l: 11' 4" (w: 3.56m x l: 3.45m) Double glazed window to front, radiator, fitted wardrobes and wood effect flooring.
Bedroom 2 W: 7' x l: 13' 9" (w: 2.13m x l: 4.19m) Double glazed window to rear, radiator, fitted wardrobes and wood effect flooring.
Bathroom W: 7' 2" x l: 6' (w: 2.18m x l: 1.83m) Obscure double glazed window to rear, panel bath with taps over, low level w/c, hand basin with taps over and radiator.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 4, McEwen House, London
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