2-bedroom flat · E2 8NA
For saleReduced £8.8k (−4.8%) on 22 SepListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom, one bathroom property in the sought after hkr development.
The apartment has a spacious, bright, open plan living room and kitchen with ample space to dine and a fully integrated kitchen, this area leads out onto a sizeable private balcony.
The property has two double bedrooms, the master bedroom has in-built storage, there is further storage in the entrance hallway. The property has a modern family bathroom.
The development gives access to a concierge service (6 days a week), fully equipped residents' gym, a private screening room/cinema, multiple outdoor spaces including a 5th-floor landscaped garden terrace with children's play equipment, a 10th-floor sky terrace with panoramic city views, a 1st-floor courtyard, and secure cycle storage.
Located close to Hoxton Rail station, this residence is a stroll away from the wonderful outdoors of Haggerston Park, Regent's Canal and London Fields.
The nearby Columbia Road Flower Market is a popular London destination with a range of indie shops, artisan bakeries, cafes and restaurants.
The development is an easy walk away for new office locations and amenities on Shoreditch High Street, Old Spitalfields Market and the City. The closest Underground station is Old Street.
Tenure: Leasehold Shared Ownership: 25.0% being sold Council Tax Band: E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 13a, 5, Scawfell Street, London
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