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See how verdicts work2-bedroom flat · E1 2PS
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
K&O Estates are pleased to offer for sale this mixed use property situated on Commercial Road, comprising a ground-floor commercial unit with residential accommodation arranged over the upper floors.
The existing upper accommodation comprises two bedrooms together with living, kitchen and bathroom facilities.
The property currently benefits from permission for alterations including a rear extension, presenting an opportunity for an incoming purchaser to enhance and reconfigure the existing accommodation.
The proposed plans retain the commercial premises at ground-floor level with residential accommodation above.
In addition to the existing permission, the property may offer further potential for redevelopment or reconfiguration of the upper parts, including possible use as an HMO or conversion into self-contained residential flats.
The surrounding area contains a variety of residential configurations and mixed-use developments; however, purchasers should make their own enquiries regarding comparable permissions and the feasibility of any proposed scheme.
Any HMO use, subdivision into self-contained flats, change of use, extension or other redevelopment would be strictly subject to obtaining all necessary planning permissions, property/HMO licensing, building regulations approval and any other statutory or third-party consents required.
• Mixed-use commercial and residential property • Ground-floor commercial premises • Existing two-bedroom residential accommodation above • Existing permission for alterations including a rear extension • Further redevelopment and reconfiguration potential • Potential HMO use, subject to planning and licensing • Potential conversion into self-contained flats, subject to planning • Opportunity to add value and maximise the upper accommodation • Commercial Road, E1 location • Suitable for investors, developers and owner-occupiers These particulars are intended as a general guide only and do not constitute, nor form part of, any offer or contract.
K&O Estates has not tested any services, equipment, fixtures or fittings and cannot verify that they are in working order or fit for purpose.
All measurements, floor areas, distances and other information are approximate and should not be relied upon as statements or representations of fact.
Prospective purchasers should satisfy themselves as to the accuracy of all information provided through their own inspection, surveyor, solicitor and other professional advisers.
Any reference to development potential, extensions, conversion, HMO use, self-contained flats, additional residential units or alternative uses is for guidance only and should not be interpreted as confirmation that such development or use is permitted or that the necessary permissions will be granted.
Any proposed development or alternative use is subject to all necessary planning permissions, licences, building regulations approval and any other statutory, legal or third-party consents.
Prospective purchasers are advised to make their own enquiries with the relevant local authority and professional advisers before committing to a purchase.
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
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FAQ
About 347, 347 Commercial Road, Stepney Green
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