1-bedroom flat · E1W 3PB
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A bright, river view facing one bedroom apartment in the heart of Wapping, minutes from the station.
This popular riverside development is highly sought after, well run and benefits from lift access and daytime porterage. The apartment includes one allocated car parking space.
Offered unfurnished this apartment consists of a spacious reception room with balcony and view over the Thames, an open plan fitted kitchen with integrated appliances.
A modern bathroom with bath and shower, generous sized double bedroom with fitted wardrobes and ample storage.
A range of riverside restaurants, shops, art and leisure facilities can be found close by along the High Street, St Katharine Docks, Thomas More and the new London Dock development.
Wapping Overground Station is within a couple of minutes walk and offers easy access to both Elizabeth Line at Whitechapel Station and Jubilee Line at Surrey Quays.
Tenancy information The fees payable are dependent on the type of contract entered into.
The below information reflects the payments that are due by the tenant for Assured Shorthold Tenancies signed on or after 1 June 2019 *** For Contractual and other Non-Housing Act tenancies please visit the Procuro website Before the Tenancy Starts: *Holding Deposit: 1 weeks rent *Security Deposit: 5 or 6 weeks rent (dependent on the annual rent payable) *During the Tenancy: Variation to Contract: £50 (inc.
VAT) *Change of Sharer: £50 (inc.
VAT) *Lost Key(s) or Security Device: The cost of the key(s) (or lock) *Early Termination: The costs incurred by the landlord for re-letting the property & all rents due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
*Any payments in respect of utilities, communication services, TV licence and Council Tax Other Applicable Fees: *Unpaid Rent: Interest at 3% above the Bank of England Base Rate from rent due date until paid (this will not be levied until the rent is more than 14 days in arrears).
Property Redress & Client Money Protection Procuro are members of The Property Redress scheme (PRS036438) and PropertyMark Client Money Protection Scheme (C0140246).
You can find more information on our website. Parking - Allocated Parking Secure Underground Parking
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 13, 142 Wapping High Street, London
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