2-bedroom flat · E14 2DR
For saleReduced £45k (−9.5%) on 26 AugListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom, two-bathroom apartment in the highly desirable Newport Avenue/Virginia Quay riverside development, offering an exceptional urban living experience.
The property boasts a bright dual-aspect reception room perfect for both relaxing and entertaining, alongside a separate modern integrated kitchen fitted with contemporary appliances.
Both bedrooms are generously sized, with the master featuring built-in wardrobes and a private en-suite bathroom, complemented by a stylish family bathroom.
Floor-to-ceiling windows flood the interior with natural light, and from the private balcony you can enjoy partial views of the Thames and the iconic O2 Arena.
Residents benefit from a 24-hour concierge service, allocated parking and secure access, enhancing comfort and peace of mind.
Newport Avenue is ideally situated just a short walk from East India DLR station, offering quick and valuable transport links to Canary Wharf, the City and wider London.
The development also places you close to riverside walks, local shops, cafés and other amenities, making it an excellent choice for professionals and investors alike.
Tenure: Leasehold Length of lease: Approx. 972 years remaining Annual ground rent amount: Approx. £470pa Ground rent review period: N/A Annual service charge amount: Approx.
£5,200pa Service charge review period: Annually Council: Tower Hamlets, Tax Band F
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 Flat 32,, Wingfield Court, Poplar
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