2-bedroom flat · E16 1YG
For saleReduced £25k (−4.9%) on 14 OctListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property features a spacious open-plan reception and dining area with floor-to-ceiling windows allowing for an abundance of natural light, alongside a sleek fully integrated modern kitchen complete with high-quality appliances.
The living space opens directly onto a private balcony, perfect for relaxing or entertaining.
The principal bedroom benefits from fitted wardrobes and a luxurious en-suite bathroom, while the second double bedroom also includes built-in wardrobes, making the property ideal for professionals, couples, families, or investors alike.
A modern family bathroom and additional hallway storage further complement the accommodation.
Residents of Discovery Tower enjoy access to a range of premium on-site facilities including a concierge service, residents-only gym, and a stunning rooftop garden.
Agent note: The floorplan is for indicative purposes only. Tenure: Leasehold approximately 238 years remaining. Service Charge: £4950pa Ground Rent: £200pa Council Tax Band: D EPC Rating: B
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About Flat 57 Discovery Tower, 1, Terry Spinks Place, London
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