2-bedroom flat · E16 2FE
Under offerListed 58 days
Opportunity summary
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About
Spacious 2bed, 2bath apartment in Drift Court, Royal Quay, with balcony and partial marina views, openplan living, fitted kitchen, secure underground parking, 24/7 concierge, residents’ gym and excellent DLR, City Airport, shopping and dockside leisure links in E16.
This luxury two-bedroom apartment in Drift Court forms part of the soughtafter Royal Quay development at Gallions Reach, offering stylish dockside living with a private balcony, partial marina views and excellent transport links into Canary Wharf and central London.
Set on an upper floor and flooded with natural light, the flat provides a generous openplan living and dining space, ideal for relaxing or entertaining, with direct access to the balcony so you can enjoy the outlook over Gallions Marina and the landscaped communal areas.
The sleek fitted kitchen features a spacious worktop and integrated appliances, including a fullsize fridge freezer, dishwasher, hob, oven and extractor, creating a modern and practical environment for everyday cooking.
Both bedrooms are goodsized doubles with fitted wardrobes, with soft carpet underfoot for comfort, while the rest of the apartment is finished with hardwood flooring for a contemporary feel and easy maintenance.
There are two wellappointed bathrooms, comprising a large familysized bathroom and a separate ensuite shower room to the principal bedroom, giving the layout a particularly attractive appeal for professional sharers, couples or a small family looking for extra convenience.
The wide, welcoming entrance hallway enhances the sense of space and links all principal rooms, reinforcing the generous proportions throughout this approximately 81 sq m (873 sq ft) apartment.
Residents benefit from a 24hour concierge, providing added security, parcel handling and daytoday assistance, alongside a residents’ gym and communal park within the wider Royal Quay development.
The property also comes with a secure underground parking space, a valuable asset in this part of E16, especially for buyers or tenants who drive regularly or require reliable parking for work.
Royal Quay sits moments from Gallions Reach DLR station (Zone 3), putting Canary Wharf, the City and Stratford within easy reach, and providing a straightforward route to connections for the Elizabeth line at Custom House and the Jubilee line at Canning Town.
London City Airport is close by, making this an excellent base for frequent flyers or anyone needing quick domestic and European connections.
Locally, residents enjoy a growing range of onsite and nearby amenities, including a convenience store, restaurant and café options within Royal Quay and around Royal Albert Wharf, so everyday needs and casual dining are well covered without having to travel far.
The wider area offers Coop and other local supermarkets, with Gallions Reach Retail Park providing a major shopping destination with a variety of bigname stores, eateries and services a short drive or bus ride away.
For leisure and green space, you are well placed for riverside and dockside walks, with nearby Winsor Park, Galleons Point Riverside Wildlife Area and Royal Victoria Gardens offering open lawns, play areas and waterside views for weekend relaxation or exercise.
The Royal Docks area is known for its watersports and outdoor activities, including paddleboarding, wakeboarding and events around Royal Victoria Dock, as well as easy access to Thames Barrier Park with its landscaped gardens, play spaces and river vistas.
The ExCeL London exhibition centre, IFS Cloud Cable Car to the O2 and the wider Royal Docks regeneration zone are all within convenient reach, giving residents a rich mix of entertainment, culture and nightlife options within a short journey of home.
With its spacious layout, balcony with marina aspect, secure underground parking, 24/7 concierge, residents’ facilities and excellent local amenities, this apartment at Drift Court, 1 Basin Approach, E16 2FE represents an attractive lifestyle opportunity in one of East London’s most dynamic waterfront neighbourhoods.
Value & comps
No previous sales on record.
Returns
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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.
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