2-bedroom flat · E3 2QW
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property The Property Offers in the Region of £550,000 BOOK ONLINE TODAY 24/7 at PURPLEBRICKS.CO.UK An excellent opportunity to purchase this beautifully presented two bedroom, two bathroom corner apartment, situated on the fifth floor of a stylish newly built development.
Purchased brand new by the current owners, the apartment has been exceptionally well maintained and remains in superb condition throughout.
Occupying a desirable corner position, the property benefits from an abundance of natural light and an enhanced sense of space, creating a bright and welcoming home.
The spacious open-plan living, dining and kitchen area is ideal for both everyday living and entertaining, with a private balcony to enjoy, while the contemporary kitchen is fitted with modern units and integrated appliances.
There are two generous double bedrooms, including a principal bedroom with a stylish en-suite shower room, together with a modern family bathroom finished to a high specification.
Residents also enjoy access to a beautifully maintained communal roof garden, providing an attractive outdoor space to relax, socialise and take in the surrounding views.
Built in 2023, the development offers all the advantages of modern construction, including excellent energy efficiency, secure communal areas and contemporary design throughout.
This property presents an ideal opportunity for first-time buyers looking to get onto the property ladder through the Shared Ownership scheme.
25% is available for offers in the region of £137,500 ** Please note: eligibility criteria for Shared Ownership applies.
Monthly rent is payable on the remaining 75% share, together with any applicable service charges** Dace Road is ideally positioned in the popular Fish Island / Bow area of East London, offering an excellent combination of green spaces, local amenities and transport connections.
with Hackney Wick Overground & Stratford stations close by.
Property ownership information Tenure: Shared ownership Percentage share owned: 25% Additional monthly rent: £1,500.00 Ground rent review period: No review period Service charge review period: No review period Lease end date: 03/06/3022 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 3 Dace Road, London, E3
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