2-bedroom flat · E16 1FH
To rentReduced £120 (−4.8%) on 10 OctListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two-bedroom penthouse within the St Lukes square Development to rent.
(92.7sqm/997.8sqft approximately) It is on 7th floor with lift, bright and airy, 24/7 concierge service, secure underground parking, two large double bedrooms with ensuite shower room to the main bedroom, each bedroom has a large wardrobe, family bathroom, open plan kitchen/living room leads to the terrace which is West facing with great views, fully integrated kitchen with dishwasher, wine cooler, washing machine, electric hob and oven.
Wooden floor throughout, secure entry phone system, plenty of storage spaces.
St Lukes Square comes with communal garden and short walking distance to Canning Town tube and DLR station and close proximity to local amenities like Morrisons, TianTian supermarket, post office, library, park, playground and more .
Professionals and students are welcome. Video is available upon request. Parking is available at additional cost.
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
We're still gathering serviced-accommodation data for this area.
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 advisors 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
FAQ
About 702, Turner Street, Canning Town, London
Explore nearby
.png){kind=logo}
