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Tower Hamlets Street, Tower Hamlets, Kent - Image 1
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Tower Hamlets Street, Tower Hamlets, Kent

South East

£150,000Guide Price

Listed on 04/07/2026

Property details

Bedrooms
1
Type
Block Of Apartments

Description

This freehold property presents a unique opportunity for conversion, as it comes with planning permission to transform it into three residential flats: two one-bedroom units and one two-bedroom unit. Previously utilized as office space, the property is primed for a renovation that could significantly increase its value in the rental market. This investment could appeal to those looking to capitalize on housing demand in the area. The substantial room dimensions indicate ample potential for creative design and layout adjustments. Offered at auction, this property provides an exciting prospect for buyers aiming to enter the property development sector.

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Investment analysis

(CT17 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CT17)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -2.7%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on CT17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tower Hamlets Street, Tower Hamlets, Kent
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Next Steps

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