3-bedroom flat · E2 7SJ
For saleListed 188 days
Opportunity summary
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About
Bricks Estate Agents are exceptionally proud to present this outstanding three-bedroom penthouse, forming part of an exclusive boutique development of just six individually crafted residences, positioned above a landmark building on the ever-vibrant Hackney Road.
This is not just another apartment, it is a carefully considered, design-led home, where every detail has been curated to deliver a refined, contemporary living experience in one of East London’s most dynamic locations.
Occupying an elevated position, the penthouse offers a remarkable sense of space and light throughout.
The heart of the home is an expansive open-plan living and dining area, flooded with natural light through large windows that perfectly frame sweeping panoramic views across the London skyline.
By day, the space feels bright and energising; by night, it transforms into a striking city backdrop.
The kitchen has been thoughtfully designed to complement the living space, featuring sleek, modern cabinetry, quality work surfaces, and fully integrated appliances, creating a seamless balance between practicality and sophisticated design, ideal for both entertaining and everyday living.
All three bedrooms have been generously proportioned, offering versatility for modern lifestyles, whether as comfortable sleeping accommodation, guest space, or a dedicated home office.
The principal suite provides a calm and private retreat, complete with a beautifully finished en-suite, while the additional bedrooms are equally well-appointed and filled with natural light.
A stylish main bathroom completes the home, finished to a high specification with a clean, contemporary aesthetic.
What truly sets this penthouse apart is its elevated position and uninterrupted outlook, offering far-reaching views across East London, a rare and highly sought-after feature that gives this home a unique sense of presence and exclusivity.
Set within a boutique collection of just six apartments, this development has been thoughtfully created with modern urban living in mind, combining elegant detailing, quality materials, and intelligent design throughout.
With only a limited number of homes remaining, this represents a rare opportunity to secure a standout property within a highly desirable scheme.
Positioned on Hackney Road, residents are at the centre of one of East London’s most exciting and culturally rich neighbourhoods.
Shoreditch, Hoxton, and Bethnal Green are all within easy reach, offering an eclectic mix of renowned restaurants, independent cafés, vibrant bars, and boutique shopping.
Excellent transport links provide swift access into the City and Central London, making this an ideal home for professionals and families seeking both connectivity and lifestyle.
12-Year Build Warranty Limited Availability – Final Units Remaining Service Charge - TBC Lease Length - 999 Ground Rent - £0 Lounge/Diner - 5.25m x 6.31m (17'2" x 20'8" ) - Bedroom One - 2.39m x 3.79m (7'10" x 12'5" ) - Family Bathroom - 2.36m x 2.50m (7'8" x 8'2" ) - Bedroom Two - 3.21m x 4.62m (10'6" x 15'1" ) - Bedroom Three - 3.71m x 4.02m (12'2" x 13'2" ) - En-Suite - 2.80m x 1.71m (9'2" x 5'7" ) -
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 Allgood Street, 242 Hackney Road, Tower Hamlets
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