4-bedroom house · E16 1LE
Listing removedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Redcastle are delighted to offer this spacious four-bedroom, two-bathroom house to the rental market, ideally located just moments from Royal Victoria DLR Station.
Arranged over three floors, this well-presented property offers versatile living accommodation, ideal for families or professional sharers.
The accommodation comprises: Ground Floor: Spacious reception room, fitted kitchen, and access to a private garden. First Floor: Two double bedrooms, one single bedroom, and a family bathroom.
Second Floor: Loft-style bedroom with a private en-suite bathroom. Further benefits include gas central heating, double glazing throughout, and excellent transport links.
Royal Victoria DLR Station is within easy reach, providing convenient connections to Canary Wharf, the City, and Central London.
The property is also well positioned for access to ExCeL London, local amenities, and London City Airport. Early viewing is highly recommended.
EPC Rating - D Council Tax Band - C Deposit Required - £3,461 *Permitted payments may apply in accordance with the Tenant Fees Act 2019* *All tenants will be full reference checked for rental affordability* Note: Photos have been enhanced with the use of ai
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 13, Monk Drive, London
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