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See how verdicts work2-bedroom flat · E13 8RA
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BALAAM STREET, E13 — PLAISTOW 833 SQFT | 2 BED | 2 BATH | SECOND FLOOR | LEASEHOLD 105 YRS | EPC C | SCOPE TO REFRESH ASSET A second-floor apartment in a three-storey purpose-built mixed-use block on Balaam Street, Plaistow, in the London Borough of Newham.
The block sits on a corner plot with a street-level communal entrance, intercom entry and a rear courtyard.
Buff brick, rendered and blue-grey cladding mark the elevations; the reception takes a full-width run of glazing to the street.
Accommodation of 833 sqft comprises two double bedrooms, a family bathroom, an en-suite shower room and an open-plan reception and kitchen. A hallway store of 12 sqft sits off the circulation.
Radiator heating throughout. No lift. TENURE & HOLDING COSTS Leasehold — 105 years remaining | Ground rent TBC | Service charge TBC | Council tax: band C (LB Newham) | EPC C.
CONDITION Scope to refresh. Neutral decoration, timber-effect flooring and a fitted kitchen with gas hob and oven are in place. Both bathrooms are fully appointed.
Services and appliances have not been and will not be tested.
CONNECTIVITY Plaistow Underground, 0.45 miles, District and Hammersmith & City lines, Zone 3, for Tower Hill, Westminster and the West End.
West Ham, 0.81 miles, Zone 3, for the Jubilee line, DLR, c2c and Stratford. Upton Park Underground, 0.88 miles, District and Hammersmith & City lines, Zone 3. London City Airport is 1.86 miles.
Barking Road shops, Balaam Street local retail and bus routes sit at the door. Plaistow Park is on Balaam Street. Green Street and Stratford, including Westfield, sit on the same corridor.
BUY CASE Two double bedrooms, two bathrooms and 833 sqft on a 105-year term give a full-size Plaistow apartment without an 80-year lease constraint.
The statutory two-year ownership rule for a lease-extension claim was abolished in January 2025. Value sits in the floor area, the dual-bathroom plan and the open-plan reception with street glazing.
Ceiling is a refreshed specification within the same second-floor envelope.
Exit is the owner-occupier and investor market for two-bedroom flats in Plaistow, with letting demand from the District, Hammersmith & City and West Ham interchange.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
The initial checks are carried out on our behalf by Coadjute. The cost of these checks is £80 (excl.
VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you and the checks must be completed.
We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.
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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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
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FAQ
About Balaam Street, E13
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