3-bedroom flat · E16 4LA
Sold STCListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £385,000 - £435,000 An exceptional three-bedroom duplex penthouse offering approximately 1,043 sq. Ft. (96.9 sq.
M.) of contemporary living space, complete with a private roof terrace, balcony and two bathrooms, set within a modern development in the heart of Royal Docks, E16.
Arranged over two floors, this beautifully presented home offers bright and spacious accommodation throughout.
The impressive open-plan reception, dining and kitchen area provides the perfect space for both everyday living and entertaining, with direct access to a private balcony allowing plenty of natural light to flood the apartment.
The property comprises three generous double bedrooms, including a principal bedroom with a modern en-suite shower room, alongside a stylish family bathroom and an additional guest WC.
A standout feature is the substantial private roof terrace, offering an ideal space for outdoor dining, entertaining guests or simply relaxing.
Finished to a high standard throughout, the apartment also benefits from double glazing, built-in storage and a secure entry system.
Conveniently located on Hermit Road, the property is within easy reach of Canning Town, Custom House and Prince Regent stations, providing excellent connections via the Jubilee Line, DLR and Elizabeth Line.
Canary Wharf, The City, London City Airport, the ExCeL Centre and the Royal Docks waterfront are all easily accessible, with a variety of local cafés, restaurants and amenities nearby.
This superb home is perfectly suited to first-time buyers, professionals, families and investors seeking a spacious property in one of East London's fastest-growing locations.
Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Flat 5, 249, Hermit Road, London
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