2-bedroom flat · SE16 5XX
For saleListed 7 days
Opportunity summary
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About
A characterful warehouse conversion on the banks of the Thames Description This expansive two bedroom apartment is enviably nestled on the third floor of Globe Wharf, a characterful former grain warehouse along the banks of the Thames.
The accommodation comprises a bright, South-facing living room, which is complimented by exposed brick walls, which give a tasteful nod to the building's rich heritage and a private balcony, which boasts far-reaching views over Canary Wharf and South London.
The high quality kitchen features a serving hatch that allows natural light into the room, alongside a recently installed Miele electric oven and induction hob.
The owners have also replaced the gas boiler with an electric boiler. Each bedroom is a double, with the principal benefitting from built-in wardrobes and an ensuite shower room.
The family bathroom is of contemporary décor and there are two useful storage cupboards within the hallway.
Residents of Globe Wharf enjoy underground parking, a concierge, use of a gym (and a swimming pool in King & Queen Wharf), lift access and a service charge that includes water.
In relation to the cladding, a qualified fire engineer has assessed the cladding and identified no material fire-safety risks requiring immediate action.
Subject to the completed FRAEW report, the external walls are considered to present a low and tolerable risk of external fire spread. A copy of the letter is available on request.
Location Globe Wharf is superbly located within 0.5 miles of Rotherhithe (Overground/Windrush line) station and 0.8 miles of Canada Water (Windrush and Jubilee lines).
The area is soon to benefit from the Canada Water masterplan - a prestigious new development that will bring 2million square feet of workspace, a new high street, various public spaces, a fitness centre and a 5km trail.
Square Footage: 1,110 sq ft
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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 Rotherhithe Street, London, SE16
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