4-bedroom terraced house · SE16 7FN
Under offerListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extensively refurbished townhouse by Greenland Dock.
Description Situated in the heart of the old docklands, this newly refurbished house benefits from a large open kitchen and semi open-plan living room.
The newly fitted kitchen includes a pantry, quartz worktops, integrated appliances, induction hob and copper hardware.
Set over four floors, the house comprises four good sized bedrooms, four bathrooms (including three en-suites), kitchen / dining room and two reception rooms, one of which would work well as a home office.
There is a driveway to the front and a tranquil enclosed rear garden. Surrey Docks Sailing and Water Sports Centre, two convenience stores and Plough Way Deli are within close proximity.
Other local amenities include a climbing wall, leisure centre, athletics centre, playing fields, library, Russia Dock Woodland, Stave Hill Ecological Park, Lavender Pond Nature Reserve, Southwark Park, Tesco Extra, Sainsbury’s and a variety of schools and colleges.
Surrey Quays station and Shopping Centre are 0.6 miles from the house. A ferry service offers regular crossings to Canary Wharf, London Bridge, Westminster and beyond.
The River Thames, with its scenic river cycle and walking routes, offers a peaceful antidote to busy city life.
The area is due to benefit from a £5.6 billion Canada Water Masterplan investment, which will create, amongst other amenities, office space, a new high street and town square, leisure centre and revitalised wetlands area.
Location Plough Way is enviably situated just 0.5 miles from Surrey Quays station and many residents choose to utilise the Thames Clipper service, which is within 0.3 miles, in order either get into Canary Wharf or onto the City.
Residents benefit from nearby amenities such as a Co-op food mart, organic delicatessens, yoga studio and gym.
Greenland Dock and South Dock Marina are nearby with their wealth of dockland history, scenic views and numerous leisure activities.
Russia Dock Woodlands ecological park and playground offer green spaces within easy reach. All times and distances are approximate. Square Footage: 1,520 sq ft
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 189, Plough Way, London
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