Studio flat · E1 5FZ
For saleReduced £15k (−3.6%) on 21 AugListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Studio with ample storage, large private balcony and communal roof terrace.
Description Situated on the second floor of Sirus House, this well presented studio apartment extends to approximately 451 sq ft (42 sq m) and offers well arranged accommodation throughout.
The property comprises a spacious studio room with floor to ceiling windows and direct access to a private balcony.
A separate fitted kitchen provides a range of integrated appliances and storage units, while the bathroom and hallway are complemented by several useful storage cupboards.
The apartment also benefits from underfloor heating. Residents of Sirus House benefit from lift access, a secure entry system and a communal roof terrace with views across the London skyline.
Location Sirus House is located on Hemming Street, within reach of the amenities of Whitechapel (0.3 miles), Shoreditch (1.1 miles) and the City of London.
Whitechapel offers a range of cafés, restaurants and everyday amenities, while Shoreditch is home to a variety of restaurants, bars, independent retailers and cultural venues.
Brick Lane (0.8 miles) provides a selection of shops, restaurants and markets, and Columbia Road Flower Market (1.0 mile) is held each Sunday.
Nearby open spaces include Weavers Fields (0.2 miles), Regent's Canal (0.8 miles) and Victoria Park (1.3 miles).
Transport connections are well established, with Bethnal Green Station (0.2 miles), Whitechapel Station (0.3 miles), Aldgate East Station (0.7 miles), Shoreditch High Street Station (0.9 miles) offering London Overground services, and Liverpool Street Station (1.3 miles) providing access to the Elizabeth line, Central, Circle, Hammersmith & City and Metropolitan lines, London Overground and National Rail services.
Please note, all distances are approximate. Source: Google Maps. Leasehold with approximately 990 years remaining.
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 206, Sirus House, 11, Hemming Street, London
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