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 · SE28 0GG
Listing removedListed 113 daysAuction 22 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large two bedroom apartment with balcony and river views offers generous well proportioned space and a great location convenient for Woolwich transport links and amenities.
Additional Comments BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons.
Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams.
Subject to confirmation This means the buyer is invited to place a bid at or above the opening bid price of the listed property.
Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not.
If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time.
If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.
Location : Sark Tower is set on a peaceful street along the River Thames and is in close proximity to Woolwich town centre offering shops, restaurants and leisure amenities.
Accomodation : Fourth floor: reception room/kitchen, two bedrooms, bathroom, en-suite shower room. Gross internal floor area is approximately 980 Sq Ft ( Sq M).
Online Auction on Wednesday, 22 July 2026. For further information, such as legal documents and property information, please visit bidx1.com.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Sark Tower, Erebus Drive, London, SE28
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