2-bedroom flat · E16 1YG
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought after Discovery Tower development is this beautifully presented two bedroom apartment offering contemporary living in the heart of the Canning Town.
The property features a bright and spacious open plan living and dining area with modern interiors throughout, creating a stylish and comfortable space ideal for both relaxing and entertaining.
The sleek, fully fitted kitchen is finished to a high standard, while both bedrooms are well proportioned and benefit from excellent natural light.
A private balcony provides the perfect outdoor space to unwind, extending the living area and offering an ideal setting for morning coffee or evening relaxation.
Discovery Tower is ideally located for easy access to the DLR and Jubilee Line, providing excellent connections to Canary Wharf, the City and beyond.
Residents also benefit from a fantastic selection of local amenities, including concierge and gym as well as local cafés, restaurants and supermarkets.
This apartment is an excellent opportunity for first time buyers, professionals and investors seeking a modern home in one of East London's most well connected locations.
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 62 Discovery Tower 1, Terry Spinks Place, London
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