5-bedroom flat · E3 4TQ
Listing removedListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-maintained five-bedroom, two-bathroom flat situated on Eric Street, offering generous living accommodation in a highly convenient East London location.
The property features five well-proportioned bedrooms, with the original lounge converted into a fifth bedroom to maximise accommodation, a separate fitted kitchen, two modern bathrooms, laminate flooring throughout, neutral décor, and access to a private balcony.
Ideally suited to professional sharers or students, the property is perfectly positioned within easy walking distance of Mile End, Bow Road and Bow Church stations, providing excellent transport links to the City, Canary Wharf and beyond.
Residents also benefit from a wide range of nearby amenities, including supermarkets, cafés, restaurants, Mile End Park, Queen Mary University, leisure facilities and excellent local bus routes, making this an excellent place to live.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Eric Street, Mile end
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