1-bedroom flat · E9 7HF
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash buyers only due to the current lease having 54 years remaining, the estimated cost is approximately £80,000 to increase the lease to 144 years.
Enviably appointed in this peaceful close backing onto the leafy green open spaces of Victoria park, is this unique two-storey maisonette with a private entrance and a single garage.
Composed of a reception hall ideal for use as a study, a living/entertaining space with beamed vaulted double ceiling heights and stairs lead to a fitted kitchen, full width patio doors open to a secluded garden with a pedestrian rear gate.
A bright double bedroom and a bathroom. Priced to allow for modernisation and for the current lease to be extended.
Close to the wonderful amenities of both Lauriston Road and Broadway Market with transport links close by, including Bethnal Green station.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 28, Pennethorne Close, London
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