2-bedroom flat · E1W 3PD
For saleReduced £25k (−3.8%) on 2 AprListed 395 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom apartment located on the second floor of this riverside development along Wapping High Street.
Description Upon walking into this apartment you are greeted with an expansive South facing open plan reception room with a private balcony and direct access on to the River Thames.
The fully fitted kitchen benefits from integrated appliances from a hob/cooker, fridge-freezer and dishwasher.
To the rear you will find a generously sized bathroom, two bedrooms and plenty of storage space.
The property is being sold with a recently extended lease, Share of Freehold and allocated parking space.
This property has/may have cladding, as far as we know the current position with the property is: The property is under six floors so any cladding may not have been tested.
*You should make enquiries about the external wall system of the property, if it has cladding and if it is safe, or if there are interim measure in place.
Please note some of the photographs were taken in 2023. Location Towerside is located along Wapping High Street, next to Wapping Overground station and nestled on the bank of the River Thames.
The 100 and D3 buses stop just outside the property and provide access to The City and Canary Wharf.
There are a variety of shops, cafes and restaurants nearby on Wapping Wall and Wapping Lane as well as in St Katharine Docks which is within walking distance via the Thames Pathway.
Square Footage: 663 sq ft
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Flat 7 Towerside, 144, Wapping High Street, London
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