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See how verdicts work2-bedroom flat
For saleListed 2 days
Opportunity summary
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About
2 bedroom apartment in an historic art deco building Description Set within Hackney’s iconic Art Deco Strand Building, this beautifully renovated two-bedroom flat combines period character with contemporary design.
Originally built in 1925 as Hackney Electricity Demonstration Halls and Offices, the building was converted into residential apartments some seventy years later and remains a distinctive feature of the local architecture.
Situated on the second floor, the property is accessed via an attractive communal hallway and a striking pink stairwell, setting the tone for the considered interiors within.
The open-plan kitchen, dining and reception room features a soft pastel palette, complemented by walnut cabinetry, a bespoke hanging brass bar rack, and thoughtfully designed living space.
Double doors lead through to the principal bedroom, where parquet flooring adds warmth and character, with a second bedroom providing further accommodation.
Further benefits include access to a communal courtyard and underground parking. Service charge is currently approximately £6,000 per annum to reflect major works to the building.
This level is anticipated to remain for a further two years before reducing to standard service charge levels of approximately £3,000 per annum.
Location The Strand Building is ideally positioned in the heart of Hackney, an area renowned for its vibrant neighbourhood atmosphere, independent cafés, restaurants, boutiques and excellent local amenities.
Hackney Central is approximately 0.3 miles away, while Hackney Downs station is around 0.4 miles away, providing convenient Overground connections across London.
Homerton station is approximately 0.5 miles away, with London Fields station around 0.7 miles away.
The property is well placed for the green open spaces of Hackney Downs Park and the surrounding area, while Mare Street offers an excellent selection of shops, eateries and everyday conveniences.
London Fields, with its popular park, lido and nearby Broadway Market, is also within easy reach, offering a lively mix of independent shops, cafés and weekend market stalls.
The combination of excellent transport links, local amenities and green spaces makes this an appealing location for those seeking the best of East London living. Source: Google.
Square Footage: 569 sq ft
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 advisers 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.
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FAQ
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