2-bedroom flat · E1W 2UX
For saleReduced £30k (−5.2%) on 7 FebListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious two bedroom maisonette extending to 836 sq. Ft, accessed via its own private front door while benefiting from an allocated parking space directly outside.
On the first floor, you'll find a large dual-aspect reception room that floods with natural light, creating a warm and inviting atmosphere.
The space is semi open-plan to the kitchen, offering a sociable layout perfect for entertaining or relaxing.
Upstairs, the second floor hosts a spacious main bedroom, a second double bedroom, and a modern family bathroom, all thoughtfully arranged to maximise comfort and privacy.
Codling Close is ideally situated in the heart of Wapping, offering residents a peaceful yet well-connected lifestyle.
Just moments from the picturesque Ornamental Canal and the vibrant St Katharine Docks, the area is rich in character and charm.
Green spaces such as Wapping Rose Gardens provide tranquil spots to unwind, all within easy walking distance.
Wapping Station is just 0.5 miles away, offering regular Overground services, while the Elizabeth Line and Jubilee Line are accessible within two stops, ensuring swift connections across London.
Families will appreciate the proximity to Hermitage Primary School, located just 0.1 miles away, allowing for an effortless morning school run. Lease 195 years from 1 October 1984.
Ground rent £350 per annum. Service charge approx £1,153 per annum. Council tax band E.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 19, Codling Close, London
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