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See how verdicts work1-bedroom studio · E3 3LW
For saleListed 1125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 10/10/2023 A third floor studio flat, forming part of a large block, in need of modernisation, conveniently located for the amenities and transport links of Bow. Vacant.
Description A third floor studio flat in need of modernisation. Forms part of a large block. Conveniently located for the amenities and transport links of Bow. Vacant.
Location Located in East London in the borough of Tower Hamlets on Devas Street.
A selection of local shops can be found nearby, with further shopping and leisure opportunities available along Roman Road in the centre of Bow.
Mile End Park is local to the property and offers a large park with plenty of sporting opportunities, including a football pitch, sports stadium, skate park and basketball courts.
The property is accessible via the A11, A12 and the A13 which also provides road communications to Essex and the Norfolk coast.
Transport Underground - Bromley-by-Bow (District Line and Hammersmith & City). DLR - Devons Road.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Flat 49, Brimsdown House, London
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