1-bedroom flat · E1 8NG
For saleReduced £50k (−10.5%) on 23 SepListed 511 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spectacular one bedroom apartment situated on the 22nd floor of the impressive Altitude Point.
This apartment certainly has the "wow" factor and comprises a generously proportioned living room with open plan kitchen fitted with Siemens appliances and a wine cooler.
Wooden floors and under floor heating are throughout, with a room adjustable comfort cooling system and hdmi wiring system.
The bedroom is of a generous size and offers plenty of built-in storage, a spacious bathroom and additional built-in storage in the hallway.
Altitude is an eye-catching tower which completed in 2014 by Barratt Homes comprising 26 floors of luxurious residential space with spectacular views over London's skyline.
The flat has the coveted West aspect offering the best panoramic views of the City within the building.
Altitude Point is ideally located within the Aldgate regeneration area within walking distance to the City and only a short walk from the Tower of London and Tower Bridge.
The picturesque St Katharine's dock is only a short stroll away offering a delightful array of restaurants, cafes and pubs and benefits from easy access to the vibrant Brick Lane, Spitalfields Market and the Whitechapel Art Gallery.
Residents will also benefit from 24 hours concierge and access to a private communal roof terrace.
Local transports include Aldgate station (Circle and Metropolitan & City Lines), Aldgate East (District and Hammersmith & City Lines), Tower Gateway (DLR), Tower Hill (District and Circle Lines) and Fenchurch Street station (overground) Council Tax Band: E Leasehold unexpired: 985 years
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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 2208 Altitude Point, 71, Aldgate, London
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