1-bedroom flat · E16 1NZ
For saleListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the 5th floor of Chaseway Lodge, this one bedroom apartment offers modern living in a bright and well designed space.
The home features a generous open plan kitchen and reception room with direct access to a private balcony, creating an inviting area for relaxing or entertaining.
The double bedroom is well proportioned, while the contemporary bathroom and a practical hallway layout add to the apartment’s overall comfort and functionality.
Located in the thriving Royal Docks area, the property benefits from a growing selection of shops, cafés, and everyday amenities, as well as nearby green spaces and waterfront walks.
The neighbourhood continues to undergo exciting development, offering residents a blend of community feel and modern urban convenience.
For larger retail options and entertainment, both Canary Wharf and Stratford are within easy reach. Excellent transport links make this an ideal base for commuters and city explorers alike.
Pontoon Dock and West Silvertown DLR stations provide quick access to Canning Town, Bank, and the wider Docklands area, while the nearby Elizabeth Line at Custom House offers fast connections across London, including to the West End and Heathrow.
London City Airport is also just moments away, making this a superbly connected home in one of East London’s most dynamic districts.
PRICING & AFFORDABILITY Full Market Value: £270,000 25% Share Price: £67,500 (rent £464.06pcm) Minimum 5% Mortgage Deposit (25% share): £3,375 Approximate Service Charges: £248.11pcm* Lease: 990 years ELIGIBILITY Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.
Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Please note that this property has a B1 rated EWS1 certificate indicating 'The fire risk is sufficiently low that no remedial works are required'.
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
Agent & docs
FAQ
About Chaseway Lodge, 206 Butchers Road, London
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