Studio flat · E16 2TR
To rentListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A studio apartment available to rent in Royal Victoria through L&q's London Living Rent Scheme. Available from £1,150.20 pcm.
Located on the second floor, this studio apartment comes with a modern fitted bathroom, and an open-plan kitchen with fully integrated appliances.
There is also a 24-hour concierge service and a residents' gym onsite. L&Q at The Sugar Works is located close to a couple of transport links including Pontoon Dock DLR.
With many different restaurants and local amenities nearby, you are spoilt for choice in this homely village.
As part of our already extensive property portfolio, at L&Q we take a great deal of pride in the status of our developments, dedicating an in-house maintenance team to our property management and servicing.
This ensures that as a tenant, you are never far from aid should anything go wrong, letting you enjoy peace of mind for as long as you make one of these apartments your home.
Disclaimers: Please note the photos shown are of the "show home" and while the specification remains the same the layout and size of available homes may differ.
Floor plans illustrate the layout and size of each apartment can be found within the brochure on the listing or are available upon request.
Please note that there is no allocated parking available at this development and residents at this development will not be able to apply for a street permit in the local cpz.
All pricing seen is indicative of the "starting from" price at the development and is correct at the time of publishing. Please contact the team for up to date pricing.
Eligibility Criteria: Be able to provide one month's rent in advance and five weeks rent as a tenancy deposit Have the right to rent - proven by possession of British/EU/eea Citizenship or a valid UK residency visa Meet the minimum income and affordability standards.
The minimum income is £37,714 based on a single application and £32,826 based on a joint application.
Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments.
Have a formal tenancy (for example, in the private rented sector) or live in an informal arrangement with family or friends as a result of struggling with housing costs Shared Ownership eligibility criteria will apply on your London Living Rent home, L&Q cannot guarantee you will meet future affordability requirements should you wish to buy a Shared Ownership home You must not: Already own a property or be in the process of buying Have a household income that exceeds £75,000 Have an adverse rental history, for example, rent arrears or damage to a property Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).
Have exceeded your agreed overdraft amount or gone into overdraft without having an agreed overdraft in place
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 2 Waypoint Way, London
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