2-bedroom flat · E1 8LX
For saleReduced £25k (−4.2%) on 21 AugListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain-free and situated on the third floor.
This very well presented two bedroom, two bathroom apartment is located in Royal Tower Lodge on Cartwright Street, E1, with the added bonus of a secure allocated underground parking space and daytime concierge.
Location is everything, and this apartment places you amongst the historic charm and modern City dynamism of London. Step across the road to the picturesque St.
Katharine Docks Marina, your weekend destination for relaxed dining and watching the boats with a hot or cold drink. Enjoy coffee at places like Kiln or a pint at the historic Dickens Inn.
For seafood lovers try The Melusine, or for a taste of Spain pop in to Bravas Tapas.
Essential Convenience: Never be without supplies with a large Waitrose less than 5 minutes away and a Sainsbury's Local and Tesco even closer.
Landmarks & Green Space: You are moments from the iconic Tower of London and Tower Bridge, offering stunning views on your daily walks.
Small green areas around the Docks, riverside and Wapping provide excellent spots to relax.
The property has high ceilings, a good sized lounge with bespoke cabinetry, and a separate kitchen with integrated appliances. Both bedrooms are very generous doubles.
The primary bedroom comfortably accommodates a Superking bed and benefits from a shower ensuite bathroom. There is also a further family bathroom.
Further benefits include the security and convenience of a Daytime Concierge, and Hyperoptic Broadband has already been installed, ensuring super-fast connectivity from day one.
Connections: Effortless City Commute.
This location is a commuter's dream, bridging the City and Canary Wharf: Zone 1 Living, Zone 0 Costs: This apartment offers the convenience of Zone 1 living while being located just outside the Congestion Charge Zone (one road over), offering daily savings.
Walkable City: The City of London (EC3) is a comfortable 10-minute walk away.
Tube & DLR: Tower Hill Underground Station (4-minute ride to Liverpool Street and the Elizabeth Line) and Tower Gateway DLR (9 minutes to Canary Wharf) are also 5 minutes' walk away.
Cycling: Dock Street is moments away with a hub of Santander bikes, providing access to a dedicated cycle path heading to both Canary Wharf (Eastbound) and South Kensington (Westbound).
Leasehold - 93 Years Remaining Council Tax Band - Tower Hamlets F Service Charge - £4,493.62 Ground Rent - £455.55 (++ Please note: Some images include CGI elements or virtual staging for illustrative purposes.
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Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Royal Tower Lodge, 40,Flat 38, Cartwright Street, London
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