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See how verdicts work2-bedroom flat · E6 6AR
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £290,000 to £300,000 Leasehold Please be aware this is a sale by tender property and the prospective purchaser may have to pay an Introduction Fee to Aston Fox and viewings are strictly by appointment only.
Located just off Vicarage Lane is this two double bedroom second floor purpose built, ex-local authority flat.
The property has been rented for a while and has always provided a great income and would also be an excellent first time purchase, while it is in need of some freshening up, it boasts of a spacious lounge with room for a dining area, fitted kitchen, three-piece bathroom, and the two good-sized bedrooms.
It also benefits from several large cupboards for plenty of storage, plus outside is a well stocked communal garden with your own storage there for bikes, buggies and other larger items.
The property also has an approximately 102 year lease. Schooling in the area is good with both primary and secondary schools within walking distance of the property.
There are also good road links around Newham with an abundance of bus stops by the property as well as the A406 and A13 giving road links access to London and beyond.
Being located near to the High street North and South means that local amenities are literally moments away there is both a Tesco and Sainsbury’s on the high street as well as many big high street brands and local ethnic shops, East Ham station is a 10/12 minute walk away or a short bus ride and can get you in to London with ease, as there is both District and Hammersmith and City lines with trains coming and going at regular intervals.
There is also Upton Park station which is also on the district line and Hammersmith and city line.
Reception Room 24' 5" x 11' 6" > 7' 2" (7.44m x 3.51m > 2.18m) Kitchen 10' 6" x 8' 5" (3.20m x 2.57m) Bedroom One 11' 11" x 11' 11" (3.63m x 3.63m) Bedroom Two 12' 6" x 11' 1" (3.81m x 3.38m) Bathroom 7' 8" x 5' 5" (2.34m x 1.65m) Storage 5' 7" x 4' 7" (1.70m x 1.40m)
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
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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
Agent & docs
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FAQ
About 89, Brighton Road, London
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