2-bedroom flat · E3 5NW
For saleReduced £15k (−4.3%) on 15 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash buyers only.
A spacious two double bedroom fourth-floor apartment situated within this well-maintained ex-local authority block, benefiting from a 24-hour concierge service and far-reaching views towards the City.
The property offers well-proportioned accommodation comprising a separate lounge with direct access onto a private balcony, enjoying a desirable westerly aspect and views across the City.
There is also a good-sized fitted kitchen, two well-proportioned double bedrooms and a recently installed modern bathroom.
The property is ideally positioned for the vibrant amenities of Roman Road, while also offering excellent transport connections towards Canary Wharf, the City and Central London.
With its generous accommodation, private balcony and attractive location, the property would make an excellent rental investment or first-time purchase, subject to the cash-buyer requirement.
Wilmer House is situated just off the ever-popular Roman Road, renowned for its traditional street market, independent shops, cafés, restaurants and bars.
The area has retained a strong community feel, with a good selection of local amenities and green spaces close by.
Daling Way is within the Driffield Conservation Area, a sheltered collection of well-preserved Victorian streets offering a wonderful sense of community.
Local attractions include Chisenhale Gallery and Chisenhale Dance Space, while Zealand Café is nearby and popular for coffee and food.
Chisenhale and Olga Primary Schools are also within the local area.
For outdoor space, Victoria Park is within easy walking distance and provides extensive open green space, sporting facilities, landscaped gardens and the popular boating lake.
The Pavilion Café, overlooking the boating lake, is approximately a six-minute walk from the property.
Victoria Park Village is located on the opposite side of the park and offers a highly regarded selection of independent shops, pubs, cafés and restaurants.
Roman Road's traditional market, established in 1888, continues to operate three days a week and remains a much-loved East London institution.
For commuters, Mile End and Bow Road stations are both within walking distance, providing access to the Central, District and Hammersmith & City lines, with further transport connections available from Bow Church and the surrounding area.
Tenure: Leasehold – 125 years from 30 October 1989 (approximately 88 years remaining) Ground Rent: £10 per annum Service Charge: £3273.47 Per Annum for 2026/2027 – includes heating in bathroom and hot water throughout.
EPC: D Important: The property is being sold on a cash-buyers-only basis
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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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 16, Wilmer House, Daling Way, Bow
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