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See how verdicts work1-bedroom flat · E16 2TP
For saleListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** If you would like to arrange a viewing for this property please click to register your interest.
If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing** Shared Ownership Full Market Value: £440,000 Share Value (25%): £110,000 Monthly Rent: £807.31 Service Charge: £371.99 Annual Ground Rent £480.00 Council Tax Band: D 125 year lease commenced June 2020 - 119 years remaining EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently unknown.
More information on EWS1 certificates can be found on the lq Group website by searching "EWS1" L&Q welcomes you to view this one bedroom, 2nd floor apartment.
Welcome to this modern apartment set in a great location. The apartment is full of natural light with an open plan aspect.
The kitchen is modern and consists of white gloss units and grey brick effect tiling. There is also the benefit of intergrated appliances. There is ample room for a large sofa and dining room table.
This area leads onto a private balcony which is great for relaxing or entertaining. The spacious double bedroom has floor to ceiling windows and fitted wardrobes.
There is a family bathroom which is stylish and consists of a white three piece suite with shoer over bath.
E16 2TP is a residential postcode on Waypoint Way in the Royal Docks area of London (Newham), primarily consisting of modern flats notably within Spinnaker House.
It is a highly connected area near Pontoon Dock DLR, offering quick access to Canary Wharf, London City Airport, and the ExCeL Centre, within a fast-developing, dense, and multicultural neighbourhood.
Close to quality restaurants and shops. The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £62,694.
If you are offered the home, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of February 2026.
Local Area Information E16 2TP is a residential postcode on Waypoint Way in the Royal Docks area of London (Newham), primarily consisting of modern flats notably within Spinnaker House.
It is a highly connected area near Pontoon Dock DLR, offering quick access to Canary Wharf, London City Airport, and the ExCeL Centre, within a fast-developing, dense, and multicultural neighbourhood.
Close to quality restaurants and shops.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 64 Spinnaker House
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