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See how verdicts work2-bedroom flat · E14 9DL
For saleReduced £30k (−3.6%) on 26 OctListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ability Place, 1120sqft/104sqm, Spacious and bright, West facing, 17th floor, 2 bed 2 bath apartment, with view of the Canary Wharf skyline, large reception, extra storage room, 2 balconies.
Premium secured parking space for large cars. Gym sauna jacuzzi, 24 hours concierge. High specifications.
Great location, dockside, 2 minutes from South Quay DLR station, and a short walk into Canary Wharf. ESW1 available on request.
One of the largest and bright 2 beds, 2 baths (104 sqm 1120 sqft) in Ability Place. High floor (17th) with view of the Canary Wharf skyline.
Stylish, high specifications, high potential in terms of redecoration possibilities. West facing hence bright throughout the day.
The apartment comprises of a spacious dual aspect open plan large reception area with floor to ceiling windows leading to two private balconies offering spectacular views of the Canary Wharf skyline.
Two spacious bedrooms offering ample storage space and the master bedroom benefiting from a luxury en-suite. There is also a family bathroom.
An additional large storage room (utility room) and a large wardrobe in the entrance make this apartment unique in terms of space available.
Resident facilities include 24 hour concierge, roof terrace, gymnasium with Jacuzzi sauna and steam room. Secured premium parking space (rare in the building as most parking spaces are stackers).
Ability Place is excellently located in the sought after dockside area, 2 minutes from South Quay DLR station and approximately 15 minutes walking to Canary Wharf Station.
Perfectly located with a several surrounding shops and restaurants close by. The apartment extends to approximately 1120 sqft / 104 sqm.
Good value for money in terms of price per square meter and quality of the property in comparison to anything similar in the area – high floor, great conditions.
Leasehold 125 years from 01/01/2009 (approximately 108 years remaining) Annual service charge (including reserve fund) on average of approx GBP 7,800 per annum (with 2025 much lower thanks to economies achieved) – Ground Rent 700 per annum.
Rental potential GBP 3,500+ PCM plus parking (premium) rental GBP 150 PCM (easily achievable) – representing a rental yield of approx. 5.3% gross (at the asking price of GBP 825,000).
Fibre internet available in the building (several providers).
Very comfortable rubbish chutes located on each floor (don’t need to go downstairs to throw away the rubbish!) **ENQUIRIES** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S5783
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 Ability Place, Millharbour, London E14
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