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See how verdicts work1-bedroom flat · E1 2GA
For saleReduced £6.3k (−5.3%) on 8 SepListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Full market value - £500,000 You pay (25%) - £125,000 Monthly Rent - £719.16 Monthly Service Charge - £285.20 Annual Ground Rent - £0 990 year lease commenced in January 2019 (983 years remaining) EWS1 Certification - A1 rating A £500 Amazon Voucher on Completion* The modern interior of this beautifully presented bright and airy home maximises light and space.
The large reception room opens onto a private west facing balcony, which is large enough to both relax with freinds and to dine. A contemporary kitchen comes complete with integrated appliances.
Additionally there is a generous double bedroom with fitted wardrobes that opens onto a juliet balcony. A fully tiled bathroom completes the accommodation.
The Silk Quarter is located just minutes away from the best of London, from the big city business of Canary Wharf and the Square Mile, to the hot spots of Brick Lane and Shoreditch, providing the perfect balance between work and play.
Local amenities are abundant, from day-to-day needs such as supermarkets and essential services, to unique open spaces and cafés, bars and restaurants that suit every palate.
Whitechapel station is located less than half-a-mile away providing connections to the London Overground, District and Hammersmith & City and Elizabeth lines This means commutes to both Canary Wharf and the City are less than 20 minutes and there are fast journey times to Stratford International King's Cross St Pancras and Heathrow.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £58,426 If you are offered the property, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of October 2025.
Local Area Information The Silk Quarter is located just minutes away from the best of London, from the big city business of Canary Wharf and the Square Mile, to the hot spots of Brick Lane and Shoreditch, providing the perfect balance between work and play.
Local amenities are abundant, from day-to-day needs such as supermarkets and essential services, to unique open spaces and cafés, bars and restaurants that suit every palate.
Whitechapel station is located less than half-a-mile away providing connections to the London Overground, District and Hammersmith & City and Elizabeth lines This means commutes to both Canary Wharf and the City are less than 20 minutes and there are fast journey times to Stratford International King's Cross St Pancras and Heathrow.
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.
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FAQ
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