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See how verdicts work1-bedroom flat · E1 7PR
For saleReduced £10k (−2.5%) on 26 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well-proportioned one-bedroom second-floor flat, built between 1980 and 1989, is ideally positioned in the vibrant heart of Spitalfields, E1, offering a fantastic opportunity to embrace city living with convenient transport links and amenities at your doorstep.
Priced at £395,000, this property is perfect for those seeking a dynamic lifestyle in one of East London's most sought-after areas. As you step inside, you are greeted by an immediate sense of space.
The internal layout provides generous proportions throughout, starting with a large living room measuring 4.95m x 3.43m (16'2" x 11'3").
This well-lit room offers excellent dimensions for both comfortable living and dining, with large windows and direct access to a private front balcony.
This outdoor space provides a delightful spot to relax and enjoy the vibrant surroundings, ensuring plenty of natural light fills the room and creates a bright and airy atmosphere, ideal for relaxing or entertaining.
The separate kitchen/diner, measuring 4.37m x 2.29m (14'4" x 7'6"), is a practical and sociable area for everyday use.
It offers ample space for a dining table and benefits from good natural light, with views overlooking the bustling Spitalfields Market.
Additionally, the kitchen has access to a rear balcony, providing a second valuable outdoor space.
The generously sized double bedroom, at 4.83m x 3.63m (15'10" x 11'10"), provides ample space for wardrobes and additional furniture.
It is well presented and quiet, offering a comfortable retreat from the city's hustle and bustle.
The property also includes a well-proportioned bathroom fitted with a bath and wash basin, along with a separate WC for added convenience. A significant advantage is the large internal store room.
This valuable additional space is ideal for household storage, bikes, or could even be utilised as a potential home office, adding to the flat's versatility.
Offering excellent potential, the flat requires some internal redecoration and provides an ideal opportunity to update the kitchen and bathroom to suit personal preferences.
Subject to the necessary consents, there may be potential to reconfigure the layout to create a second bedroom.
Priced at £395,000, this property comes with permit parking and offers dual balcony access, including attractive views towards Spitalfields Market.
The flat offers excellent potential for personalisation and would be an ideal first-time purchase, pied-à-terre, or investment opportunity.
Situated in one of East London's most desirable areas, the property is moments from the cultural delights of Brick Lane, the iconic Spitalfields Market, and the eclectic Shoreditch.
Excellent transport links are on your doorstep, with Liverpool Street, Aldgate East, and Shoreditch High Street stations all nearby, providing easy access across London.
This well-connected and vibrant location truly offers the best of city living, surrounded by an array of shops, restaurants, and entertainment options.
Spacious one-bedroom second-floor flat Large living room with direct access to a private balcony Generous double bedroom with excellent proportions Separate kitchen diner with views towards Spitalfields Market Two balconies providing valuable outdoor space Large internal store room offering excellent storage or flexible use Separate bathroom and WC for added convenience Sought-after Spitalfields location (E1 7PR) Scope for internal redecoration and modernisation Potential to reconfigure into a two-bedroom layout (subject to consents)
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
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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
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FAQ
About New Goulston Street, London, E1 7PR
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