How much is Thanet Tower, E16?

The asking rent is £2,500 a month.

Thanet Tower, E16 1XE

2-bedroom flat · E16 1XE

2 baths

Asking rent

£2,500/mo

To rentListed 1 day

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Available to move into in November is this well presented fully furnished sixth floor two double bedroom two bathroom apartment in the popular Galliard development located within walking distance to Canning Town station.

The property benefits from 24 hour concierge, communal roof top garden, communal heating system, large balcony, fully fitted kitchen.

Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.

We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers.

Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: the Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).

Entrance Hall Oak one strip engineered timber flooring, wall mounted radiator, cupboard, door to all bedrooms and family bathroom, double door cupboard providing extra storage.

Lounge/Diner Laminate flooring, double glazed window to side, balcony door giving access to balcony, double glazed window to side, wall mounted radiator, open plan to kitchen Kitchen Range of handle less design eye and base high level gloss units, double glazed window to side, fully integrated SMEG appliances to include: washer/dryer, dishwasher, fridge/freezer, stainless steel oven, ceramic hob with extractor over, microwave oven, stone worktops and up-stands, stainless steel 1½ bowl inset sink with single lever monobloc tap, glass splash back to hob, feature under lighting to wall units, wall mounted radiator, Oak one strip engineered timber flooring, open plan to lounge.

Bedroom One Fitted oatmeal carpets, fully fitted wardrobes, double glazed window to Side, wall mounted radiator, door to en-suite shower room.

En-suite Three piece suite comprising of shower cubicle, low level wc, wash hand basin, all mounted towel rail, wall mounted mirror bathroom cabinet, fully tiled floors and walls.

Bedroom Two Fitted oatmeal carpets, fully fitted wardrobes, double glazed balcony door to side giving access to balcony, wall mounted radiator.

Bathroom Three piece suite comprising of bath with mixer tap over, fitted shower, shower screen, low level wc, wash hand basin, wall mounted towel rail, mirrored bathroom cabinet, fully tiled floors and walls.

Balcony Garden Double Glazing

Key information

Furnished state

Furnished

Available From

21 Nov 2026

Council tax band

Band C

Estimated ~£1,600/year

Local authority

Newham

London Borough

County

Greater London Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.