1-bedroom flat · E16 2FP
For saleReduced £25k (−9.1%) on 3 OctListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Barratt Homes Waterside Park development.
This contemporary apartment offers bright, well-designed living, featuring a sleek fitted kitchen complete with integrated appliances, complemented by attractive wood flooring throughout the main living areas.
Large glazed windows allow plenty of natural light to fill the space, while the generously sized bedroom benefits from built-in wardrobe storage.
The bathroom is finished with fresh, bright décor and a private balcony.
The development offers an array of onsite amenities and facilities including residents' gym, 24-hour concierge service, Nisa Mini Market, Café, Restaurant and child nursey.
Located a short distance (5min walk) from Pontoon Dock DLR station, providing a valuable transport link for commutes across London.
This property is ideally placed to catch the Elizabeth Line from Custom House to Heathrow Airport, central London or even as far as Essex.
For public green spaces, the Thames Barrier Park provides an ideal space for leisure activities or a quiet walk.
Tenure: Leasehold Length of Lease: 111 years Annual Ground Rent Amount: £319 per annum Ground Rent Review Period: Every 10 years from commencement date of the lease based on rpi Annual Service Charge Amount: £2,234 per annum Service Charge Review Period: Annually Council: Newham Tax Band: C
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Flat 49, (2), Connaught Heights, Waterside Park, Docklands
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