2-bedroom flat · E18 2FN
Sold STCReduced £25k (−6.3%) on 22 MayListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Petty Son and Prestwich are thrilled to present this beautifully appointed two-bedroom, second-floor apartment in the prestigious Queen Mary Development.
Perched proudly at the top of the High Road and just a stone’s throw from the vibrant George Lane, this stylish development offers modern living.
Enjoy peace of mind with a 24-hour concierge, lift access to all floors, secure entry system, and immaculate landscaped gardens, all designed to make daily life that little bit more enjoyable.
You’re just minutes from Waitrose, M&S, the Odeon cinema, and a fantastic selection of independent shops, bars, cafés, and restaurants. And for commuters?
You’re only 0.3 miles from South Woodford Station (Central Line) whisking you into the City in just 20 minutes! Step inside and you’ll find a home that’s both modern and inviting.
The spacious main bedroom boasts built-in wardrobes and a sleek en-suite bathroom, while the second double bedroom offers flexibility as a guest room, home office, or cosy retreat.
The heart of the home is a bright and airy open-plan living space featuring a stylish fitted kitchen with island unit, integrated appliances (including a dishwasher, washer dryer, fridge-freezer, and gas cooker), and plenty of space for both relaxing and entertaining.
Sliding doors lead out onto your private balcony which offers plenty of space for a table and chairs in your own little urban oasis.
The apartment comes with a larger than average allocated parking space, making parking a breeze.
Lease Information: 125 years from 1st November 2007 (106 years currently remain) Service Charge: £4175 per annum (reviewed annually) Ground Rent: £350 per annum EPC Rating: B84 /B84 Council Tax Band: D An Anti-Money Laundering fee will be applicable to all purchasers at a cost of £18.00 per person.
Reception Room/Kitchen - 22'8" x 11'8" - Bedroom - 16'7" x 9'9" - Bedroom - 11'8" x 11'3" -
Value & comps
No previous sales on record.
Returns
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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.
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