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Balaam Street, London, E13

London

£750,000

Listed on 06/07/2026

Property details

Bedrooms
N/A
Type
Mixed Use

Description

This substantial freehold mixed-use property presents a unique opportunity for investment and development in a prime East London location. The building spans three floors, featuring a spacious commercial space on the basement and ground levels, alongside a self-contained two-bedroom flat on the first floor. Notably, planning permission has already been granted for an additional one-bedroom flat at the rear of the ground floor, enhancing potential rental income and value. Furthermore, with consent for a loft conversion secured, there is significant scope to increase living space and capitalise on this asset's full potential. With vacant possession available, this property offers flexibility for immediate occupation or refurbishing to suit individual needs. Such mixed-use opportunities are uncommon, especially with established planning permissions in place that can drive value growth in this desirable London area.

Investment analysis

(E13 area)
Area Average
£470/sq ft
Avg Rent (weekly)
£452
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (E13)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -5.8%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on E13 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

Balaam Street, London, E13
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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
£2,833
Based on a loan of £562,500 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

This calculation uses non-residential (land/commercial) tax rates.

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