We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · E14 6FT
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Visit anytime 24/7 to make arrangements to view! Purplebricks take pleasure in being chosen to exclusively offer to the market this outstanding two double bedroom fourth floor modern apartment.
Boasting approximately 900 square feet of accommodation, this impressive property comes superbly appointed with a range of high-grade fixtures and fittings together with a sleek contemporary finish.
The flat provides a bright, airy and uplifting feel throughout and offers a well-proportioned open plan living area - creating the ideal social space for entertaining and hosting gatherings.
The apartment also features a large private balcony with direct access from the living area - perfect for al-fresco dining, entertaining guests or for simply unwinding and whiling away the hours on a sunny day!
Further benefits include a 24-hour concierge, communal roof top terrace, stylish lobby area with lift access, well equipped resident's gymnasium, recessed down-lighting, generous built-in storage capacity, secured entry via video entry-phone system and bicycle storage.
The property also comes with the significant advantage of being sold with no onward chain! Location New Festival Avenue sits on the borders of Limehouse, Poplar and Mile End.
Enjoy having speedy access in to the heart of the Canary Wharf business district – either on foot (15 mins approx’) or by DLR (approx' 10 minutes walk from Westferry DLR).
Westferry DLR Station stands just approximately 0.4 miles from the building entrance and also provides convenient access to Bank, Stratford International, City Airport and the Royal Greenwich Peninsula.
Additionally, there are great local bus links and cycle paths that will take you directly in to the likes of Oxford Circus, Trafalgar Square, Bethnal Green, Hackney and the Isle of Dogs/Canary Wharf.
Canary Wharf is not just a globally renowned financial hub, but is also highly coveted for its fantastic array of contemporary dockside restaurants and pubs along with a great selection of museums, cinemas, hotels and other social activities!
The property’s favourable location means that you will also have many of London's other world famous cultural, culinary and social hotspots at your convenient disposal.
Whether you're in the mood for the vibrant diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some of the trendy hang-outs synonymous with the Shoreditch, Hoxton and Old Street areas, there really is something for everyone and access to all of this could hardly be easier!
Property Ownership Information Tenure Leasehold Council Tax Band D Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £4,650.12 Service Charge Review Period Every 1 year Lease End Date 23/09/2135 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
Agent & docs
.png)
FAQ
About 22 New Festival Avenue, London
Explore nearby