2-bedroom flat · SE16 7WA
To rentReduced £50 (−2.1%) on 21 OctListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A homely 717sqft first-floor apartment overlooking Greenland Dock. This gated development offers peaceful living and convenient positioning for the stations and local shops.
It has a separate modernised kitchen, two bathrooms, dual-aspect reception and allocated parking. Unfurnished and available now.
The property is well-maintained and apart from the stunning view, it boasts two double bedrooms, a dual-aspect living area, a window in the kitchen, fitted wardrobes and an ensuite bathroom in the primary bedroom.
Further features include full double glazing, secure entry system, communal grounds and superfast broadband availability through Hyperoptic.
Fantastically positioned for Surrey Quays Station (Overground), plus only a short walk to Canada Water Station (Jubilee Line & Overground).
There are also numerous bus routes leading into central London, as well as the river bus services from Greenland Pier, which offers an alternative method of commuting.
Set within the popular 1996-built Howland Quay development which runs along the base of Greenland Dock.
This gated development is surprisingly quiet considering how well positioned it is for the stations and local amenities, including smart and atmospheric informal restaurants, an Italian Deli, the large Tesco Extra and the many shops along Lower Road and within the shopping centre.
There is also the brand-new Canada Water Leisure Centre. Southwark Council Tax Band: E. Holding Deposit: £542 (one weeks rent). Security Deposit: £2,711 (five weeks 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
Agent & docs
FAQ
About 9 Burrage Court,, Worgan Street, London
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