3-bedroom flat · E3 2LB
Sold STCReduced £15k (−3%) on 1 AugListed 224 days
Opportunity summary
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About
Occupying the second and third floors of this well-established development on the south-eastern border of Victoria Park, this spacious three-bedroom maisonette presents an exciting opportunity to create a beautifully tailored home, circa 1000 Sq.Ft.
In need of updating throughout, the property offers generous proportions and a highly practical layout, making it ideal for those looking to renovate and add value.
The second floor comprises a well-sized living room with glazed doors opening onto a private south-facing balcony, allowing for excellent natural light and a pleasant outlook.
A separate eat-in kitchen, ample storage and a cloakroom complete this level. Upstairs, three genuine double bedrooms provide versatile accommodation, served by the main bathroom.
Offering light & space, from good ceiling heights and an abundance of potential, this is a rare chance to modernise a substantial home in a sought-after East London setting, moments from Victoria Park and its surrounding amenities.
Ollerton Green enjoys a privileged position, being just south of Victoria Park, an enclave celebrated for its sense of community and attractive tree-lined streets.
Step outside and you’re moments from the green expanse of Victoria Park, where weekend markets, tranquil waterways, and a lively programme of events create a destination in its own right.
For your daily commute, Mile End Underground station is within easy reach, offering fast connections across the city via the Central, District, and Hammersmith & City lines.
This is East London living at its most connected, whether you’re heading into the City, Canary Wharf, or further afield.
The ever-eclectic Roman Road is just around the corner, brimming with independent shops, artisan cafés, and a tempting array of eateries showcasing the enduring appeal to the East London rental market.
Tenure: Leasehold Local Authority: The London Borough of Tower Hamlets Council Tax Band: B
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 55, Ollerton Green, London
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