We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SE16 4NF
For saleListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Grices Wharf, 119 Rotherhithe Street, SE16 **Chain free** Positioned within Grices Wharf, a coveted, boutique Grade II listed 19th-century granary conversion, this exceptional two-bedroom, two-bathroom apartment offers a blend of maritime history and modern luxury.
Facing directly onto a highly desirable stretch of the River Thames, this is a truly unique property for the discerning urban professional or design enthusiast.
The Interior Architecture The apartment has expansive open-plan living with impeccably restored industrial building, whitewashed original brickwork and exposed timber beams, reputedly sourced from ships from Nelson's fleet that were broken up at Beatson's Yard a mere 150 metres from Grices Wharf.
Carefully integrated architectural LED lighting that accentuates these features, creating a dramatic yet deeply inviting space.
Flanked by uncompromised views of the river, the home is filled with natural light and the tranquil, ambient sounds of the waterfront.
Bespoke Luxury Finishes No detail has been overlooked in this high-specification renovation: The Kitchen: A culinary haven featuring seamless Corian worktops, premium designer integrated appliances, and a sleek wine cooler tailored for entertaining.
The Bathrooms: Both the main bathroom and en-suite are elegantly finished in striking, large-format Porcelthin Calcata porcelain tiling, creating a boutique hotel aesthetic.
The Comforts: Generously proportioned double bedrooms with ample space for bespoke storage, alongside secure on-site bike storage.
An Oasis in Rotherhithe Village Tucked away like a private sanctuary on the historic Rotherhithe cobbles, Grices Wharf offers an idyllic village lifestyle while remaining moments from the heart of the capital.
Residents are a short, scenic stroll from local cultural institutions like Sands Films Studios, the historic Mayflower Pub, the Canada Water Café, and the Albion Street Scandinavian Market.
Rotherhithe Station (Overground): 0.1 miles Canada Water Station (Jubilee Line & Overground): 0.4 miles Situated on Rotherhithe Street Grade II Listed Warehouse Conversion A Rare Waterfront Heritage Masterpiece Intercom entry Lift access Transport Links: Close to Rotherhithe Overground station, with easy access to Canada Water (Jubilee Line) and London Bridge
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grices Wharf Apartments, Rotherhithe Street, London, Greater London, SE16
Explore nearby