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See how verdicts work2-bedroom flat · E3 3FU
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Market Value: £445,000 Shared Ownership Share Available: 25% (£111,250) Available through the Shared Ownership scheme or for 100% purchase The Property At A Glance: The apartment features an open-plan living and kitchen area, providing a versatile space for relaxing, dining and entertaining.
The layout offers a comfortable setting for everyday living, whether you're a first-time buyer, a couple or a small family.
There are two bedrooms, including a main bedroom with an ensuite, alongside a separate bathroom for added convenience.
Additional storage helps keep the living space organised, while the private balcony offers a lovely spot to enjoy some fresh air or unwind at the end of the day.
Why You'll Love Living Here: Northmeade House is ideally positioned for those looking to enjoy convenient city living in an area with an evolving selection of local amenities, cafés and leisure facilities.
Bromley-by-Bow Station is approximately a 5–10 minute walk away, providing access to the District and Hammersmith & City lines for connections across London.
Whether you're commuting to work or exploring the capital, the nearby transport links make getting around convenient.
For everyday essentials, local Tesco and Sainsbury's stores are nearby, along with a selection of neighbourhood shops.
Fitness enthusiasts can take advantage of The Gym Group, while Minnie's Café on Stroudley Walk offers a welcoming place to enjoy a coffee.
Another café is also set to open soon on Reed Avenue, adding to the area's growing selection of local spots.
If you enjoy spending time outdoors, Three Mills Green and the riverside paths along the River Lea and Bow Creek provide opportunities for walking, cycling and enjoying a little fresh air away from the bustle of the city.
With a private balcony, two bathrooms, convenient transport links and local amenities within easy reach, this apartment offers an appealing opportunity to make your home in East London.
Shared Ownership Details This property is available through the Shared Ownership resale scheme, offering eligible buyers the opportunity to purchase a 25% share of the property's full market value.
Full Market Value: £445,000 25% Share Price: £111,250 Monthly Rent: £1,200.78 Monthly Service Charge: £275.61 Annual Ground Rent: £200 Interested in making Northmeade House your next home?
Get in touch to find out more or arrange a viewing.
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
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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.
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