1-bedroom flat · E16 2AD
For saleReduced £10k (−4.3%) on 21 JunListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary One Bedroom Ground Floor Flat with Secure Parking in Silvertown, E16 Set within a modern development on Connaught Road, this stylish ground floor flat offers a superb opportunity for first-time buyers, professionals, or investors.
Boasting a generous reception room with elegant wood flooring and plenty of natural light, the property provides a welcoming and spacious living environment.
The modern fitted kitchen is perfectly designed for functionality and style, while the double bedroom offers ample space and comfort.
Completing the accommodation is a well-appointed bathroom, designed with contemporary fixtures. Additional benefits include a secure gated parking space, providing peace of mind and convenience.
The flat is sold chain free and comes with a long 169-year leasehold, ensuring long-term security.
Located close to London City Airport, the property enjoys excellent transport links, making commuting into central London straightforward.
Excellent local amenities and nearby green spaces further enhance the appeal. A fantastic opportunity to acquire a contemporary home in a thriving area - early viewing highly recommended!
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 Flat 2, Lily Nichols House, 6, Connaught Road, Silvertown
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