1-bedroom house · E3 3LS
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Newmill House, located on the charming Devas Street in the heart of London.
This delightful property offers a well-appointed room, perfect for individuals seeking a comfortable and convenient living space.
With one spacious bedroom and a modern bathroom, this room is designed to cater to your needs, providing a serene retreat from the bustling city life.
Newmill House is ideally situated, allowing easy access to local amenities, transport links, and vibrant neighbourhoods.
Whether you are a young professional or a student, this location offers a blend of tranquillity and accessibility, making it an excellent choice for anyone looking to immerse themselves in the dynamic culture of London.
The room itself is thoughtfully designed, ensuring a warm and inviting atmosphere. Natural light floods the space, creating a bright and airy environment that is perfect for relaxation or study.
The bathroom is equipped with modern fixtures, providing both comfort and convenience.
Living at Newmill House means you can enjoy the best of London living, with a variety of shops, cafes, and parks just a stone's throw away.
This property is not just a room; it is a gateway to a vibrant lifestyle in one of the world's most exciting cities. Don't miss the opportunity to make this lovely room your new home.
Full Description We are pleased to offer you this stunning double room bright and spacious in a very good location close to Bromley-by-Bow Tube Station & Devon Road DLR Station.
This property has good size bathroom with separate toilet it has been renovated and decorated to a modern look, in a very good location close to bus and Tube, main road, pubs, Gym and other local amenities from Bow.
Fully furnished big double room with a double bed, wardrobe & desk with chair. Very clean and tidy property overall.
All bills included.*Gas & Electricity*Water*Council Tax* Weekly Cleaner*Super Fast (Virgin)Broadband.
Great public transport accessibility -5 -6 minutes walking from Bromley-by-Bow, Bow church and Devon Road Station
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
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FAQ
About Room 3 Flat 31, Newmill House, London
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