2-bedroom flat
For saleReduced £25k (−3.8%) on 4 AugListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom apartment situated on the first floor of this popular development, extending to almost 950 sq. Ft while boasting a private terrace and allocated parking.
Accommodation comprises a welcoming entrance hall with generous built-in storage, leading through to a well-proportioned reception room featuring floor-to-ceiling windows that flood the space with natural light and open directly onto the terrace.
The separate kitchen includes a hatch-style opening to the living area, creating a semi-open feel and an excellent layout for entertaining.
The main bedroom offers impressive proportions and benefits from an en-suite shower room, while the property also includes a second double bedroom and a well-appointed family bathroom.
Hermitage Court is a highly regarded development ideally positioned in the heart of Wapping, just moments from Tower Bridge and the picturesque St Katharine Docks.
This vibrant riverside neighbourhood offers an excellent selection of cafés, bars and restaurants, creating an appealing blend of historic charm and modern London living.
Wapping, Shadwell and Tower Hill stations are all within easy reach, providing reliable Overground, Underground and DLR services for swift connections across the capital and beyond.
Share of freehold - lease 999 years from 23 January 2013. Service charge approx. £3,849.76 per annum. Council tax band F.
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
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FAQ
About Hermitage Court, London
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