3-bedroom flat · E1 8GD
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom, two bathroom penthouse apartment with a private, south-facing wraparound terrace, set within the sought-after Times Square development.
Recently refurbished, with wooden flooring and air conditioning throughout, the apartment has a spacious living room with semi-open plan kitchen which leads out onto the apartment's spacious, covered wraparound terrace, which enjoys the sun for much of the day and far-reaching views to the south.
The apartment has three double bedrooms all with plenty of storage; the principal bedroom has an en-suite shower room and gives secondary access to the terrace.
The apartment has a modernised family bathroom and further storage found in the hallway.
The property benefits from generous natural light from its dual aspect, high position within the building and floor to ceiling windows throughout.
The development is set around a mature water garden and gives access to 24hr security and concierge services.
The property includes secure underground parking for two cars, located outside the Congestion Charge zone.
Built by Berkeley Homes and adjoining their Goodman's Fields development, with its food, drink, health and entertainment venues, the property is close to the City and a short walk from the Tower of London, St Katharine Docks and Spitalfields Market.
Residents also have fob access to the private Four Seasons courtyard garden within Goodman's Fields.
The surrounding area offers multiple supermarkets, shops, restaurants, gyms and has excellent transport links.
Set on a residential side street in Zone 1, the property is minutes from Aldgate East (District and Hammersmith and City lines) and Tower Hill (Circle and District lines), with Aldgate, Tower Gateway DLR, Fenchurch Street and Liverpool Street (Elizabeth line) also within easy reach.
Tenure: Leasehold Lease Years Remaining: 104 Service Charge: £6,552 Annual Ground Rent: £600 Council Tax Band: G
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 24, Times Square, London
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