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See how verdicts work2-bedroom flat · E3 4RT
For saleReduced £25k (−3.3%) on 13 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented lateral loft apartment extends to approximately 1,012 sq ft and occupies a prime position overlooking Regent’s Canal.
Falcon Works has a rich industrial history, having evolved from the McIntyre & Hogg shirt factory in the late 1860s to the premises of flag and tent makers Adam, Lane & Neeve, who occupied the building through to the 1960s.
Converted into apartments in the late 1990s, it has since become one of East London’s most sought-after original warehouse conversions.
The bright and spacious accommodation comprises two double bedrooms, two bathrooms and an impressive open-plan kitchen and living area.
Newly installed Crittall-style windows and barn-style doors open onto a Juliet balcony, offering uninterrupted views across the canal.
Lovingly refurbished by the current owners, the apartment retains much of its original industrial character, including exposed brickwork, generous proportions and large factory-style windows which flood the interior with natural light.
Falcon Works Court sits directly beside Regent’s Canal and adjacent to the open landscape of Mile End Park.
The canal towpath provides a particularly attractive way to move through the area, with both Victoria Park and the River Thames around a 15-minute walk away.
Independent cafés, restaurants, shops, markets and cultural destinations are also within easy reach. The location is especially well suited to those working in Canary Wharf or the City.
Mile End Underground station is approximately 0.4 miles away, providing access to the Central, District and Hammersmith & City lines, while Limehouse DLR station is approximately 0.8 miles away via the canal towpath, with direct connections to Bank and Canary Wharf.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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
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FAQ
About 303, Copperfield Road, London
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