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Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 1
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 2
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 3
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 4
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 5
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 6
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 7
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 8
Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY - Image 9

Flat 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY

London

£185,000

Listed on 26/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This second-floor flat offers a prime investment opportunity situated conveniently near Ladbroke Grove and the vibrant Portobello Road. While it requires modernisation, the property benefits from a new 125-year lease and is being sold vacant, making it ready for immediate renovation. The accommodation includes one bedroom, a kitchen, a reception room, a bathroom, and a separate W/C, providing a solid foundation for updates that can significantly enhance its value. The surrounding area boasts diverse dining options and shopping conveniences along Roman Road and Mile End Road, along with excellent transport links via Hackney Wick Station and the A11/A12 roads. With nearby green spaces like Victoria Park and Queen Elizabeth Olympic Park offering recreational activities, this location promises both lifestyle appeal and strong rental potential once updated.

Investment Analysis

(E3 area)
Area Average
£637/sq ft
Avg Rent (weekly)
£537
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (E3)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.7%
5 year growth: -3.7%
Investment Disclaimer: Analysis based on E3 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 15 Birtwhistle House, 150 Parnell Road, Tower Hamlet, London E3 2JY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£660
Based on a loan of £138,750 over 30 years at 3.97% 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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