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See how verdicts work4-bedroom flat · E9 5RT
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tony Alan Estates presents this spacious three/four-bedroom flat, ideally positioned within Watermead House on Homerton Road, in the heart of Hackney, E9.
Offering generous proportions and a highly flexible layout, this well-presented home is perfectly suited to families, first-time buyers, or investors seeking a property in one of East London's most vibrant yet well-connected neighbourhoods.
The property: Tony Alan Estates presents this spacious three/four-bedroom flat, ideally positioned within Watermead House on Homerton Road, in the heart of Hackney, E9.
Offering generous proportions and a highly flexible layout, this well-presented home is perfectly suited to families, first-time buyers, or investors seeking a property in one of East London's most vibrant yet well-connected neighbourhoods.
Measuring approximately 77 sq. Metres (777 sq.
Ft.), the accommodation comprises three well-proportioned bedrooms, a bright reception room, a separate study area (which could be utilised as a fourth bedroom or home office), a well-appointed kitchen, a modern shower room, and an additional WC.
Large double-glazed windows flood the property with natural light, while the practical layout provides both comfort and versatility.
Constructed between 1930 and 1949, the building benefits from the solid construction and character of the period, complemented by modern updates to suit contemporary living.
Location: Set in the heart of Hackney, Watermead House enjoys a superb location combining a strong sense of community with easy access to East London's cultural and green spaces.
Nearby highlights include Victoria Park, Hackney Marshes, Hackney Wick, and Chatsworth Road, all offering a diverse mix of green spaces, artisan cafés, independent shops, and cultural venues.
The property is particularly well positioned for families, with access to excellent local schools, including Kingsmead Primary School (rated Outstanding) and Mossbourne Victoria Park Academy, ranked within the top 4% of secondary schools nationally.
Excellent transport links: Overground: Homerton and Hackney Wick stations provide fast connections to Stratford, Highbury & Islington, and surrounding areas.
National Rail: Stratford International offers high-speed and regional rail services. Bus Routes: Multiple routes provide convenient access to The City, Canary Wharf, and Central London.
Local amenities: Shopping & Dining: A wide selection of independent shops, cafés, eateries, supermarkets, and weekly markets nearby Green Spaces: Easy access to Victoria Park and Hackney Marshes for walking, running, and cycling Healthcare: Gp practices, dental surgeries, and pharmacies within close proximity at A glance: Address: Watermead House, Homerton Road, Hackney, London E9 5RTA Guide Price: £475,000 Tenure: Leasehold (approximately 110 years remaining) Council Tax: Band C Internal Floor Space: Approx.
77 m2 / 777 sq. Ft. EPC Rating: C Heating: Gas central heating Additional Features: Double-glazed windows property description disclaimer Tony Alan Estates act as the seller's agent for this property.
The details contained within this listing are provided for general guidance only and do not form part of any offer or contract.
Every care has been taken in preparing the property information; however, the accuracy of the description, floor plans, measurements, photographs, and other details cannot be guaranteed.
All information has been supplied by the seller or obtained from sources believed to be reliable and, while we endeavour to ensure accuracy, Tony Alan Estates has not independently verified this information.
The seller has confirmed the information provided, unless marked as a draft.
Tony Alan Estates may not have visited or measured the property directly, and some details may have been supplied by the vendor.
Any statements regarding the property's condition, boundaries, planning status, or other matters are given in good faith but should not be relied upon as statements of fact.
Any fixtures, fittings, appliances, or services referred to have not been tested by the agent, and no warranty is given as to their condition or functionality.
Prospective purchasers must satisfy themselves as to the correctness and completeness of any information by inspection, survey, and by consulting their own legal and professional advisers.
All formal enquiries, including legal, planning, and structural matters, should be directed to the purchaser's appointed solicitor or surveyor.
If you require clarification on any point, please contact our office before making arrangements to view the property or submit an offer.
In accordance with UK consumer protection legislation, Tony Alan Estates is required to disclose any material information known to us that may affect a buyer's decision to make an offer.
Information not specifically disclosed within these particulars may be provided during the course of the transaction or in response to specific enquiries.
Successful buyers will be required to complete anti-money laundering and proof & source of funds checks. Our partner, Coadjute, will carry out the initial checks on our behalf.
The current non-refundable cost is £50 inc. VAT per offer. You'll need to pay this to Coadjute and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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.
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FAQ
About 63, Watermead House, Homerton Road
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