2-bedroom flat · E9 7TT
Listing removedListed 423 days
Opportunity summary
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About
Beautiful two/three bedroom school conversion in the heart of Victoria Park Village with off-street parking.
Description Savills are delighted to offer onto the market this beautiful duplex apartment within a school conversion in the heart of the Village.
As you enter the property, your eyes are drawn to the large sash windows filling the room with natural light, high ceilings and exposed brickwork.
Accommodation: Entrance into a wide hallway with a family bathroom, door into the kitchen and through to a stunning reception room with large windows and through to a bedroom.
On the mezzanine level, there is a double bedroom, an additional room which can be utilised as a third bedroom/home office and reception room.
The apartment boasts an off-street parking space and is sold with no onward chain. Please note the photos were taken in 2023.
Location Built circa 1891, Royal Gate Apartments occupies an enviable position on Rutland Road, in the heart of Victoria Park Village.
The Village boasts a Ginger Pig Butcher, Gail's Baker, Fishmonger, grocery stores and a selection of popular pubs and restaurants.
The beautiful green spaces of Well Street Common and Victoria Park are moments away with its boating pond, gardens, popular pubs, cafes and play areas.
London Fields station (0.8 miles) and Bethnal Green Tube (1.0 miles) are both nearby along with frequent buses to Canary Wharf and many parts of the City.
Square Footage: 1,029 sq ft Leasehold with approximately 102 years remaining. Additional Info Service charge: £3811.44 per annum Ground rent: £400 per annum Lease expiry: 2125 Council tax: Band E
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.
Area
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FAQ
About Royal Gate Apartments, 1 Rutland Road, South Hackney, London, E9
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