2-bedroom flat · E1 8NB
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £435,000 to £465,000** An Extremely Unique & Immaculately Presented Two Double Bedroom First Floor Apartment Offering Over 680 sq ft of Bright Spacious Living, Set In The Heart Of London’s E1, Tower Bridge.
Further Benefits Include: A south-facing balcony, Gated secure parking, Two double bedrooms, Large and bright open plan living room with ample dining space and a modern fully fitted kitchen, Generous storage space throughout, A modern bathroom, Juliette balcony to second bedroom and much more.
This Chain Free Property is a must-see, one-of-a-kind offering.
St Mary Graces Court was originally built as an affordable housing scheme and is now available to the open market (subject to a qualifying process).
The lease being sold is a 60% share, with no rent due on the remaining 40%, a shared ownership scheme like no other we have come across before.
The head lease is owned by the proposed new Chinese Embassy, which is due to be located behind the development and is set to regenerate a unique and historic setting.
There is an active Residents’ Association which welcomes new members.
Ideally located just minutes from Tower Hill (Circle & District Line) and Tower Gateway (DLR) stations, the property benefits from excellent transport links to the City, Canary Wharf, and the West End.
The surrounding area offers a wide range of local amenities, along with popular restaurants and bars.
Close to famous London landmarks such as Tower Bridge and the Tower of London, while the renowned St Katharine Docks is only a short walk away.
The flat is also within easy walking distance of the City, Liverpool Street, Wapping, Brick Lane, Spitalfields, and Whitechapel/ Crossrail Station.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 7 St Marys Grace Court, London
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