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See how verdicts work1-bedroom flat · E16 2SR
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning dual aspect river facing one bedroom apartment located within a sought-after riverside development boasting 24 hour security and secure underground parking.
Internally the property is presented in a good condition and is a large accommodation comprising of a large and bright open plan living room leading to a balcony with breathtaking river views, open plan kitchen, a double bedroom en-suite three piece bathroom, two piece guest cloakroom and spacious hallway.
Externally the property benefits from allocated secure underground parking with a second unallocated ground level permit, lift access, 24 hour security/estate office and well maintained communal grounds.
Located within walking distance of both King George V and Gallions Reach DLR stations with links to the Elizabeth line and easy access to London City Airport.
The popular development is also located within convenient walking distance of Royal Victoria Gardens. Sold with a share of freehold with 972 years remaining on the lease. (EWS1 A1 Compliant).
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).
Open Plan Lounge Diner Double glazed tilt and turn doors to balcony, two wall mounted heaters, luxury vinyl tiled flooring with acoustic underlay.
Kitchen Fitted with a range of eye and base level units with roll top work surfaces incorporating a stainless steel sink and mixer tap, integrated washing machine, cooker, hob and extractor.
Space for fridge/ freezer. Luxury vinyl tiled flooring with acoustic underlay.
Cloakroom Low Level WC, wash hand basin Entrance Hall Double glazed window to front front aspect, wall mounted heater, luxury vinyl tiled floor with acoustic underlay.
Bedroom Double glazed window to front aspect, wall mounted heater, luxury vinyl tiled flooring with acoustic underlay. Spacious storage cupboard with modern hot water cylinder.
En-suite Three piece suite comprising a paneled bath with shower screen and attachment, low level wc and pedestal hand wash basin. Partial tiling, luxury vinyl tiled flooring with acoustic underlay.
Balcony Balcony with direct river views, allocated secure underground parking for one car, unallocated parking for second car, lift access, 24 hour security/estate office, well maintained communal grounds.
Lease Details Lease Remaining - 972 Years Service Charge - £3292 per annum (Includes water bill) Ground Rent - £1 per annum EWS1 - A1 Compliant Parking Double Glazing
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About 37, Sheerness Mews, London
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