1-bedroom flat · E3 3PN
For saleReduced £25k (−11.1%) on 23 MayListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £200,000 - £240,000 Located in the heart of East London’s vibrant E3 postcode, this purpose-built studio apartment on Devons Road offers an exceptional opportunity for those seeking a stylish, move-in-ready home or a high-performing addition to an investment portfolio.
The property combines the ease of modern, low-maintenance living with a location that is increasingly becoming a preferred choice for the capital's young professional community.
The surrounding area of Bow and Devons Road is defined by its unique balance of urban energy and serene retreats.
Young professionals are drawn here by the authentic East London character, which features a growing scene of independent coffee shops, trendy craft breweries like The Galvanisers Union, and a variety of artisanal eateries that offer a more relaxed alternative to the bustle of the City.
Life here revolves around the outdoors, with the expansive Mile End Park located just moments away.
This linear green oasis stretches along the Regent’s Canal and offers everything from a climbing wall and outdoor gym to peaceful walking trails and the iconic Palm Tree pub, providing the perfect setting for a Saturday morning run or a canal-side stroll toward Victoria Park.
Transportation is a standout feature of this address, making it a commuter’s dream.
Devons Road DLR station is virtually on your doorstep, providing direct and effortless access to Canary Wharf in under 10 minutes and Stratford in approximately 7 minutes.
For those working in the City, the proximity to Mile End Underground station opens up the Central, District, and Hammersmith & City lines, ensuring that major hubs like Bank and Liverpool Street are just a short journey away.
Whether you are a first-time buyer looking to step onto the property ladder in a high-growth zone or an investor seeking a property with proven rental appeal and world-class connectivity, this studio is perfectly positioned to deliver on every front.
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Disclaimer Felicity J Lord Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Felicity J Lord Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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
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FAQ
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