3-bedroom flat · E16 2SP
To rentReduced £50 (−2.1%) on 26 AugListed 110 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to move into in August is this impressive fourth floor three double bedroom two bathroom apartment in excess of 1200 sq.ft.
This fourth floor apartment offers direct river views from of the bedrooms and the lounge diner.
Two spacious bathrooms, allocated underground parking plus above ground parking permit providing two parking spaces, large south east facing balcony with direct river views, electric storage heating and being offered in our opinion in excellent internal order.
The property is located on the popular Galleons Lock development and if you are looking for a large three bedroom property then this should be first on your viewing list.
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).
Lounge/Diner Double glazed window to rear over looking the River Thames, twin balcony doors giving access to balcony area, laminate flooring, wall mounted electric heater, open plan to kitchen.
Kitchen Laminate flooring, double glazed window to front overlooking the complex, range of eye and base level units, sink with mixer tap over, four ring electric hob with extractor over, electric oven, washing machine and fridge freezer.
Entrance Hall Laminate flooring, wall mounted heater, door to all rooms, storage cupboard housing hot water tank and providing storage.
Bedroom One Carpet flooring, range of wardrobes, double glazed window to rear with river views, wall mounted electric heater, door to en-suite shower room En-suite Part tiled walls, three piece suite comprising of low level wc, wash hand basin, shower cubicle with shower mixer over.
Bedroom Two Carpet flooring, double glazed window to rear with river views, wall mounted electric heater, range of wardrobes.
Family Bathroom Vinyl flooring, tiled splash back, three piece suite comprising of low level wc, wash hand basin, panelled bath with mixer tap over with shower attachment and shower screen.
Bedroom Three Carpet flooring, double glazed window to front with views over the complex, wall mounted electric heater, range of wardrobes. Balcony Garden Parking Double Glazing
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 42 Inverness Mews, Galleons Lock, London
Explore nearby