We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · E1 8NG
Listing removedReduced £25k (−3.2%) on 27 AugListed 578 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two bedrooms, two bathrooms apartment set on the 24th floor of this stunning tower in Tower Hill providing eye-catching views.
This property features an open plan living/ stylish kitchen, Amtico flooring in the hallway through to the living room, bright bedrooms, comfort cooling and a fully tiled bathroom suite.
Allocated car parking space. Residents also benefit from a 25th floor landscaped roof terrace, lift access and video entry phone system.
The development boasts a fantastic location just minutes away from Aldgate East station for easy access to the surrounding areas.
Length of lease (years remaining) 999 years from March 2012 Annual ground rent amount (£) £567.26 pa (Payable yearly in advance) Ground rent review period (year/month) The ground rent for this apartment is reviewed every ten years for the life of the term of the lease and any increase will be based on the Retail Price Index (rpi) or equivalent form of index.
Annual service charge amount (£) Approx. £8,505.56 pa (2025 Figures) Service charge review period (year/month) (Payable half yearly in advance.) Council - Tower Hamlets, Band F
Value & comps
No previous sales on record.
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 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
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FAQ
About Flat 2401, (71), Altitude Point, Aldgate
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