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See how verdicts work4-bedroom flat · SE16 7AB
For saleReduced £50k (−8%) on 5 SepListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Selbon Estate Agents are delighted to offer to the market this four bedroom split-level apartment located on the second and third floor of this fantastic development situated in Surrey Quays.
The property has been updated by the current owners internally and is offered for sale with no onward chain. On entering the property you are welcomed into an entrance hallway with storage cupboard.
The open plan kitchen/breakfast/dining room has been re-fitted and comes complete with eye and base level cupboard and drawer units under a Quartz work surface.
Built-in appliances include: Oven, hob and fridge/freezer. From the reception space is a Juliette balcony. Further accommodation includes; lounge, bedroom one with Juliette balcony and en-suite.
Bedroom two and three also with en-suites and a family shower room. Situated within this secure gated development, the apartment benefits from a large range of local amenities.
Surrey Quays Shopping Centre is within easy reach and offer a large range of high street retailers, ten pin bowling alley, bars & restaurants.
Surrey Docks Water sports Centre also offers a gym along with a wide range of sporting activities including Indoor Cycling, Canoeing, Kayaking, Power boating and Sailing amongst others.
Iceland Wharf also offers excellent transport links and is a short distance from Surrey Quays tube station and Canada Water station, the Jubilee line leading from Stratford to Green Park, gives easy access to both Canary Wharf the City and the West End.
The property also comes with secure parking. We are advised that the current service charge is £2600 per annum, the ground rent is £125 per annum and there are 100 years remaining on the lease.
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
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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 37, Iceland Wharf, Plough Way, Rotherhithe
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