2-bedroom flat · E16 2RY
No longer listedListed 56 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elite & Co are pleased to offer to the market this bright dual aspect two bedroom apartment with private balcony located on a popular riverside development within walking distance of both Gallions Reach and King George V DLR stations with convenient links to the Elizabeth Line.
Internally the property comprises of an open plan living room and kitchen with a balcony overlooking the River Thames, two double bedrooms with the master benefitting from an en-suite shower room, a further family bathroom and an extensive hallway with two storage cupboards.
Offered Unfurnished. No smokers. Fully referenced tenants required. Communal Entrance Secured communal entrance, stairs and lift to all floors.
Entrance Hall Entrance door, entry phone system, storage cupboards (one housing hot water heater), tiled flooring.
Reception Room (3.96m x 3.73m (13' x 12'3")) Double glazed window to side, double glazed sliding door to rear, balcony overlooking River Thames, wall mounted electric heaters, wood flooring.
Kitchen (2.39m x 2.36m (7'10" x 7'9")) Double glazed window to side, wall and base units with work surfaces, integral electric hob with oven below, extractor fan, 11/2 bowl stainless steel sink with mixer tap, fridge freezer and washing machine, part tiled walls, tiled flooring.
Bedroom One (3.94m x 3.02m (12'11" x 9'11")) Double glazed window to rear, built in wardrobe, wall mounted electric heater, wood flooring. Door to en-suite shower room.
En-Suite Shower Room Shower cubicle with overhead shower unit, wash hand basin, low level w/c with enclosed cistern, chrome heated towel rail, extractor fan, storage cupboard with mirrored doors, part tiled walls, tiled flooring.
Bedroom Two (3.94m x 2.39m (12'11" x 7'10")) Double glazed window to rear, storage cupboard, wall mounted electric heater, wood flooring.
Bathroom Panelled bath with mixer tap and shower attachment, pedestal wash hand basin, low level w/c with enclosed cistern, extractor fan, part tiled walls, tiled flooring.
Parking Secured gated allocated parking space. Council Tax Newham London Borough Council Band E - Approx.
£2,376.28 per annum Deposit & Income Criteria Total Annual Earnings: £54,000.00 Holding Deposit: One week: £415.00 5 Weeks Security Deposit: £2,076.00
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
Short-let restrictions apply
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
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FAQ
About 277, Fishguard Way, London
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