1-bedroom flat · SE16 5UB
For saleReduced £50k (−11.1%) on 21 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom penthouse apartment with far-reaching views of the River Thames and Canary Wharf.
Description This top-floor apartment offers over 540 sq ft of living space with stunning views of the River Thames and beyond.
The elevated position features double-height vaulted ceilings, creating a bright and open air feel. The expansive open-plan reception room opens onto a private balcony with exceptional river views.
A kitchen sits adjacent to the reception area, making it ideal for socialising and entertaining.
The entrance hallway leads to a bathroom and double bedroom which also opens onto a second balcony, offering additional views to the north and west, including the City skyline.
This property has/may have cladding, as far as we know the current position with the property is: We are making enquiries about the external wall system to see if the property has any cladding.
Location This apartment enjoys a prime location with convenient access to Canada Water, Surrey Quays, and Rotherhithe stations.
A river taxi service also provides fast links to Canary Wharf and the City.
The neighbourhood combines lively city living with peaceful riverside charm, with Surrey Quays shopping centre, a cinema, and numerous bars and restaurants just moments away.
This is a rare chance to own a contemporary, bright home in one of London’s most sought-after riverside areas. Square Footage: 540 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
Agent & docs
FAQ
About 35, Mermaid Court, London
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