We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · E1 7LB
For saleReduced £30k (−5.7%) on 21 JunListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sitting in prime position, just off Commercial Street on the fringes of the City of London, this outstanding one double bedroom purpose built apartment, Forming part of modern building featuring distinct art-deco styling, the property boasts beautiful floor-to-ceiling windows that let natural light flood in - creating a bright, airy and uplifting feel throughout..
The interior also comes superbly appointed with a range of modern, high spec fixtures & fittings together with smart, neutral finish.
Further benefits include a spacious open plan living room - perfect for socialising and hosting gatherings with friends, gas heating and the significant advantage Location Globe House stands enviably positioned just off Commercial Street, on the fringes of the City of London and within a stone’s throw of the globally acclaimed Spitalfields market and shopping district.
Enjoy the luxury of being able to select between a number of local Tube stations located within just a few minutes of the block entrance – which include Aldgate (Circle/Metropolitan lines), Aldgate East (District/Hammersmith & City lines) and Tower Hill (District/Circle lines) - the major terminus of Liverpool Street Station also lies within a comfortable walk of the property (8 min walk indicated by Google Maps).
The arrival of the Elizabeth Line to nearby Whitechapel sees access through Central London and to Heathrow Airport be even speedier!
The apartment’s favourable location means that you will also have some of London's world famous cultural, culinary and social hotspots at your convenient disposal.
Whether you're in the mood for the vibrant diversity of Brick Lane and Spitalfields, or the bright lights and bustle of the City and West End, or maybe even some the trendy hang-outs synonymous with the Shoreditch, Hoxton and Old Street areas, there really is something for everyone, and access to all of this could hardly be easier!
Property Ownership Information Tenure Leasehold Council Tax Band E Annual Ground Rent £500.00 Ground Rent Review Period No review period Annual Service Charge £3,347.20 Service Charge Review Period Every 1 year Lease End Date 25/12/3011 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 4 Globe House, 18 Cobb Street, London
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