3-bedroom flat · E16 2QP
Sold STCListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
As the seller’s sole agents, we are pleased to offer for sale this well presented three double bedroom apartment with its own allocated secure parking spot, located just a stone throw from Gallions Reach DLR station.
The location offers plenty of on-site visitor parking, access to a range of coffee shops, bars, and restaurants and on-site concierge’s office where you can have your parcels delivered!
The university of East London is also just a few minutes walking distance away.
This apartment is bright and spacious throughout and well-presented throughout, boasting three double bedrooms with fitted wardrobes and an en suite to the main bedroom, a bright and spacious lounge with floor to ceiling doors providing access to the balcony which in turn offers beautiful views of the marina.
The kitchen is complete with a range of fitted kitchen units with integrated appliances; the main bathroom is bright and spacious and there is plenty of storage.
The property comes with the added benefit of a secure allocated underground parking space and a lease term in excess of 170 years.
The location is perfect for London City Airport, A406 and the A13 for easy access to Central London. Sold with full vacant possession at £399,995.
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 Latitude Court, 3 Albert Basin Way, London
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