1-bedroom flat · E13 8DW
For saleReduced £10k (−3.3%) on 14 OctListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one-bedroom apartment offers approximately 539 sq ft (50.1 sq m) of well-proportioned living accommodation and would make an excellent first-time purchase, investment or London base.
The property centres around a particularly impressive open-plan kitchen/dining/living room, measuring approximately 5.67m x 5.18m.
The generous proportions allow plenty of space for both comfortable seating and dining, while the modern fitted kitchen provides a practical range of wall and base units, integrated cooking appliances and ample worktop space.
The room is bright and welcoming, with wood-effect flooring and windows providing good natural light. The double bedroom is a comfortable size, making excellent use of the available space.
The accommodation is completed by a well-maintained bathroom with a full-size bath, wash basin and WC, together with useful storage within the entrance hall.
The development is complemented by well-maintained communal grounds, while the attractive brick-built exterior gives Lomond House a traditional residential feel.
The apartment is presented in good condition and offers a ready-to-move-into opportunity for a buyer looking for convenience without the immediate need for major refurbishment.
The location is particularly appealing for commuters.
Star Lane Station is approximately 900 metres away, around an 11-minute walk, with Canning Town, Plaistow and West Ham stations also around 1km away, providing access to Underground, DLR and wider rail connections.
There are also regular bus services from Chargeable Lane, including routes 5,115,276,300,330 and N15.
Everyday amenities are conveniently accessible, with local shops and services nearby, while larger shopping destinations including Stratford and Westfield Stratford City are within easy reach.
The area also benefits from nearby schools and green spaces, making the property attractive to a range of buyers.
This apartment is particularly suited to first-time buyers, professional singles or couples and buy-to-let investors, combining a practical layout, generous living space and excellent connectivity with the convenience of London living.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £1,640.52 Service Charge Review Period Every 1 year Lease End Date 08/06/2144 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks 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.
Area
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FAQ
About Flat 28/Lomond House, 203 Chargeable Lane, London
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