2-bedroom terraced house
For saleReduced £50k (−7.7%) on 6 AugListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A freehold house in central Wapping Description The home offers exciting scope to modernise or renovate and comprises a kitchen/dining room with separate utility room, a bright living room and a downstairs WC.
A private West-facing garden compliments the accommodation. The first floor houses two double bedrooms, with built-in storage in the principal and the family bathroom with separate WC.
The house further benefits from considerable storage space within the loft. The house is enviably situated just 0.3 miles from Wapping station.
Wapping Woods is situated just behind and Shadwell Basin is just 0.1 miles away.
There are a host of coveted restaurants, cafes and riverside pubs nearby too and residents of Rum Close enjoy private access to communal gardens. Square Footage: 820 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
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FAQ
About Rum Close, London
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