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See how verdicts work2-bedroom house · E1W 2UT
Listing removedListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully finished house with enviable canal views Description The property has been extensively refurbished throughout and is presented to an exceptional standard.
It occupies an enviable position on the road, with uninterrupted canal views.
The ground floor has been thoughtfully designed for modern living, with a stylish open-plan kitchen and dining area that creates a sociable space, ideal for entertaining.
Flooded with natural light from the bi-fold doors, the room opens seamlessly onto the rear garden.
This floor also benefits from a guest WC, thoughtfully designed understairs storage and an additional built-in cupboard by the entrance.
The first floor is dedicated to the main reception room, offering a bright and comfortable living space.
To the front of the property, the current owners have cleverly incorporated a practical home office.
On the second floor are two well-proportioned double bedrooms, served by a modern family bathroom finished to a high standard.
Further benefits include a private garage with direct access from the rear garden.
Location Spirit Quay is within a well-regarded residential area, known for its peaceful, family-friendly atmosphere and strong sense of community.
Nestled near the heart of Wapping, it offers convenient access to green spaces and local amenities, while still being a short walk from the riverside and historic landmarks of St Katharine Docks and Tobacco Dock.
It is located on the Ornamental Canal and is within 0.3 miles of a Waitrose Supermarket.
The nearby range of riverside pubs include the Town of Ramsgate Pub which features a lively riverside terrace, while the Turks Head café-famous for its light bites, drinks, and indulgent Cinnabon puddings-adds charm and history to the area.
Once the final stop for pirates en route to execution during Victorian times, it’s now a popular family gathering spot, especially with the adjacent park and playground. Square Footage: 900 sq ft
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 19, Spirit Quay, London
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