3-bedroom flat · E16 2ST
To rentListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to move into now is this modern and spacious 3rd floor, three bedroom and two bathroom apartment in the ever popular Galleons Lock development. Fully furnished to a very high standard.
Large reception with full length and height windows and balcony area. Direct views over the River Thames from rear of property. Includes secure underground parking and is an ideal home for a family.
Close to local shops, King George DLR station, Gallions Reach DLR station.
Also benefits from on-site security and porter 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 Very spacious living area with laminate flooring, 2 x wall mounted electric heaters and double glazed full height and length windows and doors to balcony area offering direct views of the River Thames.
Open plan to kitchen. Kitchen A range of eye and base level units, stainless steel sink with mixer tap, integrated electric hob and oven.
Double glazed window with views over the development and side views of the River Thames, tiled splash-back and laminate flooring. Open plan to reception.
Hallway Doors to all rooms, entry phone and storage room housing hot water tank and space for storage. Bedroom One Large master bedroom with carpet flooring and electric heater.
Double glazed window to rear with direct river views. En-suite Three piece suite comprising of low level WC, wash hand basin and shower cubicle. Extractor fan, lino flooring and part-tiled.
Bedroom Two Double bedroom with carpet flooring, electric heater and double glazed window to rear offering direct views over the River Thames.
Main Bathroom Three piece suite comprising of low level WC, wash hand basin with mixer tap and panelled bath with shower fittings. Extractor fan, lino flooring and part-tiled.
Bedroom Three Double bedroom with carpet flooring, electric heater and double glazed window offering side views over the development Balcony Direct River Views Parking Secure underground parking.
Central Heating Electric heating.
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
Short-let restrictions apply
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 32 Lowestoft Mews, Galleons Lock, London
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