1-bedroom flat · E16 1EY
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
-student friendly A beautiful one bedroom apartment in Wellspring House, part of the Royal Eden Dock Developmet, E16. The Property - the open layout and large windows create a bright and airy feel.
The design is both practical and stylish, with plenty of storage to keep things organised. The kitchen is convenient, featuring built-in appliances and sturdy composite stone countertops.
The bedroom is cosy and filled with natural light, with built-in wardrobes for extra storage. It has an en-suite bathroom with a bathtub, overhead shower, and a modern vanity with storage.
The apartment also has a balcony that offers lovely views of the cable cars and the O2 Arena could be the perfect fit!
Immediately east of Canary Wharf, the Royal Docks is emerging as a new district for business and culture in London. Over £8bn in investment is flowing into the area over the next 20 years.
Improvements to transport, streets and open spaces are underway, preparing for an estimated 26% population growth in the wider area.
At the heart of the Royal Docks Mount Anvil are creating a new place to call home.
Globally renowned architects, Skidmore, Owings and Merrill, are the studio behind 35 Hudson Yards in New York, Dubai"s Burj Khalifa, the China World Trade Centre in Beijing — and now Royal Eden Docks.
These homes have wellbeing designed in. Light-filled, thoughtfully laid out, with landscaped garden space for all — 5,000 sq m of it in total. Two private, leafy courtyards. Green rooftops.
17 fitness and relaxation amenities. All less than 100 metres from the water"s edge. It"s just a three-minute walk to Custom House station, where Crossrail services are set to begin in 2022.
That gets you to Canary Wharf in three minutes and The City in 10. A new district for London designed around health and wellbeing, with landscaped green space at its heart.
The Royal Docks is burgeoning. Crossrail, slashing journey times across the Capital, is imminent. A £314m investment package, approved by the Mayor of London, is accelerating transformation.
A growing programme of global sporting and cultural events are taking place in the water and around the Royal Docks.
Smart homebuyers are spotting the last pocket of value in the thriving east — close to Canary Wharf and London City Airport, and with the timeless benefits of waterside living.
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.
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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 11 Seagull Lane, London, E16 1EY
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