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Studio flat · E1 3NU
To rentListed 220 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Based in a synagogue converted to flats, this is a very unique building to live in. The studio is bright and cozy with a private bathroom included.
The bathroom is just outside of the room door within the apartment. There is a farm around the corner, Stepney Green tube is 5min walk and Loads of bars/restaurants at walking distance.
This is an apartment within an apartment, the corridor is shared but the space and bathroom is all yours.
This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of one weeks rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Rectory Square, E1
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