3-bedroom flat · E18 2FW
Sold STCReduced £10k (−2%) on 29 SepListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offers In The Region Of £550,000 - Queen Mary House, Queen Mary Avenue, South Woodford, London, E18 Offers In the Region of £550,000 Three bedroom apartments don't become available very often and are always hugely popular when they do, especially when they are in the desirable Queen Mary development in the heart of South Woodford with 24 hour concierge and security entry-phone system.
This particular property, having been recently fully redecorated, is on the second floor in this small block of just 16 apartments in an ideal location within the development, offering far reaching views from the private balcony, accessed from the large open plan living room and kitchen.
There is an en-suite shower room to the largest of the bedrooms and a bathroom for the remaining two bedrooms, either of which could be used as a study or playroom, if desired.
There are a huge choice of restaurants, cafes and shops nearby as well as gyms, yoga & pilates studios and of course plenty of green spaces to walk in and enjoy.
There are several supermarkets within walking distance and also the Odeon cinema.
South Woodford Central Line station is just stroll away from the development, as are a choice of state and independent nursery and schools.
Lease Term: 125 years from 1 November 2007 Ground Rent Apartment: £300 per annum Ground Rent Parking Space: £50.00 per annum Service Charge: £4480.20 per annum Council Tax Band D EPC Rating B
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
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FAQ
About 12 Queen Mary House, Queen Mary Avenue, London
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