2-bedroom flat · E1 7BU
To rentListed 448 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Long let. An amazing 2 bedroom apartment situated on the 9th floor of a brand new development boasting bright and modern accommodation throughout and access to a range of wonderful communal amenities.
Alma offers a bespoke and personalized approach to city living.
Pet-friendly apartments are stylishly furnished with sustainable furniture and feature premium details such as air heating and cooling, a wine fridge, generous built-in storage, and private winter gardens.
Extensive amenity spaces include a leafy communal terrace, residents lounge/private dining area, screening room, fitness suite, co-working space, and private working booths available for all residents to use or to hire privately.
Community hosts and a 24/7 concierge are on hand to arrange a variety signature services to bring ease to the everyday, including housekeeping, pet grooming, private car hire service, in-home massage, and flower delivery as well as coordinating a range of resident events and Neighbourhood Heroes discounts.
Alma is situated in an excellent location moments from Aldgate East Station for links around the city, while nearby Spitalfields is in close proximity for dining and entertainment options.
Please use the reference CHPK6207786 when contacting Foxtons.
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
Short-let restrictions apply
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 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
.png){kind=logo}
FAQ
About New Drum Street, Aldgate
Explore nearby
