6-bedroom terraced house · E14 7LW
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mixed use freehold investment opportunity in a popular location in close proximity to Canary Wharf and the City of London.
Comprising four self contained flats, a ground floor commercial unit and planning permission to build a new two bedroom apartment.
All units are currently let to professional tenants and presented to a good standard throughout.
The location is very popular with renters and there has been next to no void period over the last 4 years they have been under our management.
For transport, the property is located just 75 metres from Limehouse DLR & National Rail stations.
Ground floor commercial premises currently in use as a takeaway pizza restaurant for £30,000 per annum, with a ten year lease running from 2023 and a review date in April 2028.
A first floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £18,00 per annum with a rent review date of November 2027.
A first floor self contained two bedroom flat of 571 sq ft. Let on an assured periodic tenancy at a rent of £22,200 with a rent review date of September 2027.
A second floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £17,400 per annum with a rent review date of September 2027.
A second floor self contained two bedroom flat of 571 sq ft. Let on an assured periodic tenancy at a rent of £24,000 with a rent review date of July 2027.
Planning consent for a two bedroom flat of 947 sq ft roof extension.
Flat 1 Flat 1 Reception Room - 13'8 x 10'7 Kitchen - 9'8 x 7 Bedroom One - 11'2 x 9'9 Bedroom Two - 10'1 x 9'8 Flat 2 Reception Room - 11'7 x 10'8 Kitchen - 9'3 x 6'0 (max) Bedroom One - 9'8 x 9'6 Flat 3 Reception Room - 13'8 x 10'7 Kitchen - 9'8 x 7 Bedroom One - 11'2 x 9'9 Bedroom Two - 10'1 x 9'8 Flat 4 Reception Room - 11'7 x 10'8 Kitchen - 9'3 x 6'0 (max) Bedroom One - 9'8 x 9'6
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
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FAQ
About Commercial Road, London
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