1-bedroom flat · SE16 7EP
Sold STCListed 330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish apartment, overlooking a manicured square, with a superb layout and south-facing aspect.
It has a sociable open-plan living area, a sizeable balcony, fitted wardrobes, a luxurious bathroom and a long lease.
Set within the revered Marine Wharf complex which includes use of the onsite 24-hour concierge and residents’ gym.
This well-presented and bright one bedroom home, is in a quiet area, away from any busy roads.
It boasts a contemporary kitchen with a breakfast bar, using a mix of gloss white and wood finished units, helping it to blend seamlessly with the relaxing living area.
The peaceful and spacious bedroom has built-in wardrobes and the welcoming hallway has a large cupboard housing the washing machine, along with space for storage.
Further benefits include high-speed broadband availability, integrated Bosch appliances (oven, hob, fridge/freezer and a dishwasher), an efficient communal heating system, designer doors, lift access, a secure video entry system and cycle storage.
This part of Marine Wharf was completed by Berkeley Homes in 2016 and features beautiful hotel-like communal hallways and many new local amenities.
These include a Tesco Express, a Co-Op, the renowned Pear Tree Kitchen, the cool Wolfy’s bar/café and an Italian deli.
Residents have access to cycle storage and their own fitness and leisure suite, while there is also the reassurance of the 24-hour concierge service.
Conveniently located within walking distance to Canada Water Tube Station (Jubilee & Overground, Zone 2) and Surrey Quays Tube Station (Overground, Zone 2).
It's also a short walk to peaceful South Dock Marina and Greenland Dock, together with the Thames Path where regular riverboat services run into The City and across to Canary Wharf.
The property stands to benefit from substantial investment in the area, including the £5.6 billion, 53-acre Canada Water Masterplan, with London’s first new high street in over a century.
Additionally, a new electric ferry service has just launched, providing six crossings per hour for pedestrians and cyclists between Rotherhithe and Canary Wharf. Leasehold.
The service charge is £2,967.88 for the 2025 calendar year. The ground rent is £325 per annum (first RPI linked review due in January 2026, then every 10 years) and the lease has 984 years remaining.
An acceptable EWS1 form with an B1 rating is in place. Southwark Council Tax Band: D.
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
Agent & docs
FAQ
About Ashton Reach, Marine Wharf, SE16
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