2-bedroom flat · E16 2SP
To rentListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to move into mid November is this raised ground floor large two bedroom apartment in Galleons Lock. Both bedrooms are doubles and the master benefits from an en-suite bathroom.
Reception room is open plan to modern fitted kitchen and a balcony with river views. Fully furnished and rent includes secure underground parking.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers.
Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: The Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).
Reception Spacious reception room with laminate flooring, double glazed windows, wall mounted heater. Balcony offering views of the River Thames. Open plan to kitchen.
Kitchen Modern open plan fitted kitchen with four ring electric hob and oven.
Entrance Hall Laminate flooring, doors to all rooms, storage cupboard housing hot water tank, wall mounted electric heater Master Bedroom Spacious double bedroom with double glazed windows, wall mounted electric heater and door to en-suite bathroom.
En-suite En-suite bathroom. Three piece suite comprising of low level WC, wash hand basin and enclosed shower cubicle.
Bedroom 2 Double bedroom with double glazed windows and wall mounted electric heater. Main Bathroom Three piece suite comprising of low level WC, wash hand basin and panelled bath.
Parking Secure underground parking included in rent.
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 6 Inverness Mews, Galleons Lock, London
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