1-bedroom property · SE16 7SZ
Listing removedListed 843 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Architecture & Interior Kaapsea Drai is the original name given to this Dutch barge built in 1906 in Rijnsaterwoude in the Netherlands – it is considered unlucky to change the name of a boat hence it has stayed the same for over 100 years.
(Kaapse Draai – literally means. “Cape turn”, and refers to a folk song of the same name that describes a flightpath around the Cape Peninsula literally as the crow flies).
The boat was extended in 1943 in Rotterdam probably for the war. It was later sailed over to the UK from France to it’s current home in South Dock Marina.
Inside, the white walls and oak wooden floors provide a calm environment and numerous port holes make for a light and bright interior. The bedroom continues this aesthetic with an airy feel.
In total the boat provides 1279 sq ft/118 sq M. In The Neighbourhood South Dock Marina is located on the south side of the river Thames and is the only central London marina with an integral boatyard.
The marina is spread across two converted commercial docks, South Dock and Greenland Dock.
Southwark owns and operates the marina and provides a modern marina facility within a tranquil setting of redeveloped docks and residential area.
There is a great local pub, The Ship and Whale, which provides a beautiful pub garden and board games for locals. There is also a watersports centre in the next dock with sailing facilities and a gym.
Transport & connections The marina has good transport links to the rest of London.
Bus – 199 (stops at Canada Water and Surrey Quays stations) Tube – Surrey Quays (10 minutes walk) and Canada Water (15 minutes walk) water – Thames Clipper River bus from Greenland pier(around 3-mins on foot) Dockland Light Railway (DLR) – Canary Wharf or Greenwich; can be accessed via the Jubilee line underground EPC rating: Exempt.
Service charge description: Marina mooring charges
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisors 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 Kaapsea Drai, South Dock Marina, Rope Street, London
Explore nearby