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Puteaux House, Mace Street, London

London

£144,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat located on the seventh floor presents a significant opportunity for keen investors or those looking to create a personal living space in a central London location. The layout includes an entrance hallway that leads to a lounge, kitchen, two bedrooms, and a bathroom. Given the current state of the property, it is sold as seen, making it particularly appealing for cash buyers who are ready to take on a project. Located between Victoria Park and Roman Road, this property is surrounded by vibrant amenities and benefits from good transport links via Bethnal Green Underground Station. The leasehold status offers 89 years remaining, with manageable ground rent and service charges. However, prospective buyers should be aware of necessary refurbishments, especially considering the building's recent fire safety assessments. This flat provides an excellent blank canvas for renovation enthusiasts seeking to enhance its value significantly.

Investment Analysis

(E2 area)
Area Average
£756/sq ft
Avg Rent (weekly)
£533
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (E2)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -2.1%
5 year growth: -13.2%
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

Puteaux House, Mace Street, London
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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
£544
Based on a loan of £108,000 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

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