2-bedroom flat · E1 6UN
For saleReduced £13k (−2.1%) on 12 SepListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the second floor of a well-maintained development on sought-after Folgate Street, this spacious two-bedroom, two-bathroom apartment extends to approximately 700 sq ft and offers an excellent opportunity to acquire a home in the heart of vibrant Spitalfields.
The building, dating back to the 1990s, has been immaculately cared for over the years, and the apartment itself has been exceptionally well kept, offering a clean and comfortable living environment with clear scope for a purchaser to modernise and add their own style over time.
The accommodation comprises a bright reception room, a separate fitted kitchen, two well-proportioned double bedrooms and two bathrooms, creating a practical layout well suited to both owner-occupiers and investors alike.
Further benefits include a secure allocated parking space and porter service, adding convenience and security rarely found in such a central location.
Folgate Street is enviably positioned in the very heart of Spitalfields, moments from the renowned Spitalfields Market, Brick Lane and Shoreditch, with an outstanding selection of independent cafés, restaurants, boutiques and cultural attractions on the doorstep.
The property also sits adjacent to the City of London, making it ideal for professionals seeking easy access to the financial district.
Liverpool Street Station is just a short walk away, offering exceptional connectivity across London and beyond via the Elizabeth line, Central, Circle, Hammersmith & City and Metropolitan Underground lines, as well as London Overground and National Rail services.
This outstanding transport access provides fast links to Canary Wharf, the West End, Heathrow Airport and key destinations across the capital, further enhancing the appeal of this superbly located apartment.
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
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 Flat 12, 54, Folgate Street, London
Explore nearby