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See how verdicts work2-bedroom flat · SE16 5QX
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top-floor apartment on Rotherhithe Street, close to Surrey Water and a short walk from Canada Water station. Renovated in 2022 with a new separate kitchen, bathroom and flooring.
It has a private balcony, partial river views, secure allocated parking, lift access and a share of the freehold.
This two-bedroom, third floor home has been comprehensively updated by the current owners.
The spacious living room opens on to the balcony, both bedrooms enjoy partial views of the river and the modern kitchen has a window.
There is also access to a non-demised boarded loft and a secure private storage unit on the ground floor.
Further benefits include double glazing, lift access, a secure entry system, an allocated space in the gated car park and high speed 900Mbps broadband connection available.
A building with real history: Surrey House was constructed by its original fourteen owners through a 1980s self-build scheme, with the foundation stone laid by Queen Elizabeth The Queen Mother in July 1988.
It is located within walking distance of Rotherhithe and Canada Water Stations.
There are an ever-increasing number of things to do in the area, from a riverside drink at one of the close by Riverside pubs or simply enjoying the views over The City from the top of Stave Hill.
The property is benefitting from the significant investment in the area, including the underway £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 recently launched, providing six crossings per hour for pedestrians and cyclists between Rotherhithe Pier and Canary Wharf.
Leasehold with a share of the freehold. The service charge is £5,241.92 (including £1,500 reserve fund contribution) for the year to 31st December 2026.
There is no ground rent to pay and the underlying lease has 971 years remaining. Southwark Council Tax Band: D.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Rotherhithe Street, London
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