2-bedroom flat · E8 3SH
To rentReduced £50 (−1.9%) on 17 OctListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Storey: Great size two double bedroom apartment in the heart of London Fields. Set on the third floor and facing the rear of the development away from unwanted road noise, E8.
We think, for the price and location this apartment is an absolute winner.
Not only does this apartment have two double bedrooms, two bathrooms, loads of storage and a large kitchen (with dishwasher) but the best thing about it is the lovely bright South facing living room and of course the live-in porter (a real bonus for odd jobs and deliveries).
A few key points to mention: CCTV throughout the building, secure bike storage, lift, great sound proofing, cheap bills, washer/dryer (in a separate cupboard) and video entry.
Available furnished or unfurnished. The Vibe: Perfectly positioned, if you are not already familiar with it, this is one of London's most creative areas right now.
Great pubs, legendary markets (Broadway Market and Columbia Road Flower market) and a truly great selection of restaurants and coffee shops.
Seals The Deal: Two double bedrooms, two bathrooms, secure development, porter and bike storage.
Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon.
Deposit amount, term length and Council tax is given as a guide only and should be checked and confirmed before exchange of contracts.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 23, 148-150, Mare Street, London
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