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Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 1
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 2
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 3
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 4
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 5
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 6
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 7
Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH - Image 8

Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH

London

£160,000
Listed on 17/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
522 sqft

Description

This self-contained split-level flat presents a noteworthy opportunity for those looking to invest in a property that requires modernisation. Situated in a desirable residential area at the intersection of Forest Lane, this flat is conveniently located near Forest Lane Park and within walking distance of Maryland station (Elizabeth line). It's approximately one mile from the vibrant Westfield Stratford City shopping centre, enhancing its appeal for potential renters or future buyers. The layout includes a ground floor living room and kitchen area, along with a WC, while the lower ground floor accommodates a bedroom with access to an enclosed external space and a bathroom. Notably, the property is being offered vacant, allowing new owners to implement their vision without delay. With a long leasehold of 125 years remaining from January 2006 and a manageable ground rent of £250 per annum, this flat is well-positioned for transformation into a contemporary living space or rental unit. Overall, this property provides significant renovation potential in an attractive location.

Investment Analysis

(E15 area)

Below Market Value

This property is priced -47.1% below area average per sq ft

-47.1%
Potential saving
This Property
£307/sq ft
Area Average
£579/sq ft
Avg Rent (weekly)
£519
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£332,577
10% above area average per sq ft
Potential ROI
+66.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E15)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.8%
5 year growth: -1.1%
Investment Disclaimer: Analysis based on E15 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

Flat 2, Basle House, Albert Square, Stratford, London, E15 1HH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

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