3-bedroom flat · E2 0QE
For saleReduced £25k (−5.6%) on 14 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jenkinson House, Usk Street, Tower Hamlets, London, E2 0Qe A well proportioned three bedroom maisonette arranged over two floors, offering spacious and versatile accommodation throughout.
The property comprises three bedrooms, one bathroom and a separate reception room, with the two storey duplex layout providing a practical separation between living and sleeping areas.
The property is ideally located in Tower Hamlets, benefiting from the wide range of amenities available across the surrounding East London area.
Local shops, supermarkets, cafes, restaurants, schools and leisure facilities are all within easy reach, while the nearby areas of Bethnal Green, Mile End, Stepney and Shoreditch provide further amenities and entertainment.
Excellent transport connections provide convenient access to the City, Canary Wharf and Central London.
Tower Hamlets continues to benefit from substantial regeneration and investment, with ongoing plans focused on new housing, improved public spaces, community facilities and transport infrastructure.
The wider borough is undergoing significant transformation through estate regeneration and major development projects, supporting the delivery of new homes and improved local facilities.
This continued investment is expected to enhance the surrounding neighbourhoods and strengthen the long term appeal of the area.
Please note, this property may fall within an area where a Selective Licensing scheme applies and lettings and management charges may apply.
Financial Breakdown Gross Rent: £29,460.00 Net income: £27,410.00 Gross yield: 6.55% Net yield: 6.09% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08635
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Flat 4 Jenkinson House, Usk Street, London
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