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St Matthew's Row, E2

London

£500,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
777 sqft

Description

This split-level two-bedroom apartment offers a total of 777 sq ft across the third and fourth floors in a secure gated development on St Matthew's Row, Bethnal Green. While the property is currently in need of refurbishment throughout, it presents a notable investment opportunity with the potential for significant value addition. The apartment features a private roof terrace that overlooks the churchyard gardens of St Matthew's, an appealing outdoor space in an urban setting. On the third floor, you will find a reception room that benefits from views over St Matthew's Church Gardens, alongside a separate kitchen and bathroom. A spiral staircase leads up to two double bedrooms on the fourth floor, both equipped with built-in wardrobes and complemented by additional storage options. Situated in a vibrant area, this property is ideally located near key transport links such as Bethnal Green Overground (0.3 miles) and Shoreditch High Street Overground (0.4 miles), connecting residents to central London efficiently. Furthermore, cultural hotspots like Brick Lane and Columbia Road Flower Market are just a stone's throw away, adding to its appeal for both investors and prospective homeowners looking for a project. This leasehold property has 97 years remaining on the lease and represents an exciting chance to personalize your living space while capitalizing on East London's promising rental and resale market.

Investment Analysis

(E2 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£644/sq ft
Area Average
£755/sq ft
Avg Rent (weekly)
£552
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£645,085
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (E2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +1.8%
5 year growth: -5.9%
Investment Disclaimer: Analysis based on E2 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

St Matthew's Row, E2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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