1-bed flat + 2-bed flat · E11 1HG
Listing removedListed 13 daysAuction 29 Oct · ended
Opportunity summary
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About
For sale by auction 29th October 2026 at 12:00 £460,000 Plus three storey freehold part vacant residential investment comprising three flats producing £27,600 P.A.
Location & Description A well-located three-storey freehold property comprising three self-contained residential flats arranged over the first and second floors, together with a ground-floor commercial premises which has been sold off on a long leasehold interest.
The first floor comprises a one-bedroom flat and a two-bedroom flat, both of which are currently let and producing rental income.
The second floor comprises a further one-bedroom flat, which is offered with vacant possession, providing an opportunity for either immediate occupation or re-letting.
The property occupies a prominent position within the popular Leytonstone area of East London, benefiting from an excellent range of local amenities including supermarkets, independent shops, cafs, restaurants and leisure facilities.
Nearby green spaces include Wanstead Flats and Hollow Ponds, providing extensive open space and recreational opportunities.
Transport connections are particularly convenient, with Leytonstone Underground Station situated directly opposite the property.
The Central Line provides fast and direct services towards Stratford, Liverpool Street, the City and Central London, making the location particularly attractive to both residents and investors.
Accommodation First Floor Flat One Hallway, Reception Room, Kitchen, Two Bedrooms, Bathroom & Rear roof terrace First Floor Flat Two Hallway, Reception Room, Kitchen, Bedroom, Bathroom Second Floor Flat Entrance Hall, Landing, Hallway, Reception Room, Kitchen, Bedroom, Bathroom Tenancy Details Ground Floor Shop Sold off on a long leasehold interest with 999 years granted from the 04.12.2026 at a peppercorn ground rent First Floor Flat One Let to an individual on a Periodic Tenancy.
Original tenancy was for 12 months from 29/10/2021 (holding over). Current rent £1,100 pcm First Floor Flat Two Let to an individual on a Periodic Tenancy.
Original tenancy was for 12 months from 29/10/2021 (holding over).
Current rent £1,200 pcm Second Floor Flat Vacant Note Auction Surveyor: Bryn Nettle Contact: Please note that pictures have been provided by the vendor, Strettons have not internally inspected Flat 1 or Flat 2.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
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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 33, Church Lane, London
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