4-bedroom flat · SE1 2YL
Let agreedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Four bedroom apartments are extremely rare on the Tower Bridge waterfront. This therefore offers a spacious, practical home with a real wow-factor.
The breath-taking views of the river make it an excellent place to entertain and accommodate guests.
Up on the top floor of this sought-after development, the apartment has three aspects and the abundance of glass maximises the view which includes Tower Bridge, the river, Canary Wharf and the Shard.
A total of seven glazed doors slide open to bring the outdoors inside the apartment and make this a truly light and airy living space.
We particularly like the reclaimed oak flooring, the huge living space, the large octagonal hall, the abundance of storage and how the suite of bedrooms is discreetly tucked away from the main living areas.
Shad Thames is a prime location as well as a friendly neighbourhood which has established in the warehouse conversions and smart apartment buildings that flank the old cobbles and gangways.
There is a convenient infrastructure of shops, local boutiques and restaurants with more to come in neighbouring One Tower Bridge.
The London Theatre Company is about to open London’s first new theatre for more than 50 years and this will extend the cultural Southbank right up to Tower Bridge.
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
Agent & docs
FAQ
About Flat 715,, Spice Quay Heights, London
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