3-bedroom flat · E16 2PE
For saleReduced £50k (−7.1%) on 15 OctListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Johns&co are proud to present this impressive three bedroom apartment located in Summerston House within the sought after Royal Wharf development.
The property is situated on the 2nd floor and comprises a spacious reception room with access to a large south facing balcony offering direct views over the River Thames, a fully integrated open plan kitchen, and three generously sized double bedrooms with built in wardrobes.
Both the principal bedroom and second bedroom benefit from luxury en suite shower rooms, alongside a contemporary family bathroom.
The property further benefits from approximately 1,352 square feet of internal space.
Residents of Royal Wharf benefit from access to a swimming pool and sauna, a residents' gym, concierge service, and on site post room.
The development is within close proximity to Pontoon Dock DLR Station, providing easy access to Canary Wharf and the City, as well as a direct bus route to Stratford and access to the Uber Boat.
Custom House (Elizabeth Line) is also within walking distance, offering excellent connections across London. Viewings are highly recommended. Exclusively marketed by johns&co.
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 22 Summerston House 51, Starboard Way, London
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