2-bedroom flat · E3 3XE
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and thoughtfully designed two-bedroom, two-bathroom ground floor apartment in Pilch House, Tower Hamlets, offering step-free access and a private terrace.
The apartment features a bright open-plan living and kitchen area, with floor-to-ceiling windows bringing plenty of natural light into the home.
The modern kitchen comes with integrated appliances, while the main bedroom benefits from a fitted wardrobe.
The property has two bathrooms, including an accessible bathroom with a wet-room shower, making the home particularly practical for those looking for accessible and step-free accommodation.
Outside, the apartment has its own private terrace, providing valuable additional outdoor space. Residents also have access to a communal garden and playground.
The location is a major benefit, with Devons Road Station just 0.1 miles away and Bromley-by-Bow approximately 0.5 miles away.
There are also bus routes running nearby, including routes 108 and 205, providing connections towards Greenwich and Stratford.
Local amenities include Tesco Express, Pilch St Market and the historic Widow's Son pub.
The property is available through Shared Ownership from £150,500 for a 35% share, based on a full market value of £430,000.
The property has approximately 115 years remaining on the lease, with an annual ground rent of £400 and annual service charge of £2,608.20.
The ground rent review applies upon final staircasing, while the service charge is reviewed annually.
A fantastic opportunity to purchase a spacious two-bedroom apartment with a private terrace, excellent transport links and accessible, step-free accommodation in Tower Hamlets.
Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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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 27 Violet Road, London, London E3 3XE, London
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