We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom flat · E16 1LE
Sold STCReduced £50k (−9.1%) on 22 MayListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property A Rare Opportunity: Exceptionally Spacious Four-Bedroom Ground Floor Apartment with Private Garden This outstanding four-bedroom, purpose-built ground floor apartment offers an impressive sense of space, comfort, and contemporary style rarely found in modern homes.
Designed with both family living and entertaining in mind, the property combines generous proportions with high-quality finishes throughout.
The apartment benefits from direct access to a substantial private lawned garden, creating a seamless indoor–outdoor lifestyle.
This tranquil and secluded space is ideal for summer entertaining, alfresco dining, family enjoyment, or simply relaxing in privacy.
Internally, the property has been thoughtfully designed and finished to an excellent standard, featuring modern décor, clean architectural lines, and a range of high-specification fixtures and fittings.
Offering true turn-key appeal, the apartment is ready for immediate occupation and provides a perfect balance of practicality and elegance.
Further benefits include a private front entrance, gas central heating, two bathrooms, and generous built-in storage throughout.
With its expansive layout, stylish presentation, and exceptional outdoor space, this apartment represents a rare opportunity for buyers seeking something truly special.
Location The property is located on Monk Drive, E16, a popular residential cul-de-sac within one of London’s most exciting and rapidly developing districts.
Canning Town and the Royal Docks offer a unique blend of modern living, excellent transport connectivity, and strong future growth, with superb links including the DLR, Jubilee Line, Elizabeth Line, Thames Clipper services, and London City Airport.
Keir Hardie Park is virtually on the doorstep, providing excellent recreational space for walking, children’s play, dog walking, or enjoying time outdoors with friends and family.
The property is also ideally positioned for access to London’s world-class leisure and transport facilities.
ExCeL London is less than a mile away, London City Airport is approximately two miles away, the Emirates Air Line cable cars are within close proximity, and the iconic O2 Arena can be reached in around seven minutes by car or approximately fifteen minutes via public transport.
Early viewing is highly recommended to fully appreciate the scale, quality, and exceptional location of this superb home.
Property ownership information Ground rent review period: No review period Service charge review period: Every 1 year Lease end date: 20/03/2142 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About Monk Drive, London, E16
Explore nearby