Property Overview
Located within the sought-after King & Queen Wharf development, this 1-bedroom + study apartment offers an exceptional ready-made investment with a strong rental yield and zero void periods. The property is presented in very good condition, benefiting from communal gardens, secure parking, and a premium riverside location.
- Type: Purpose-built flat
- Size: 58 sqm (approx. 624 sq ft)
- Bedrooms: 1 + Study
- Bathrooms: 1
- Parking: Allocated space
- Outdoor Space: Communal gardens
- Tenure: Share of Freehold (999-year lease)
- Ground Rent: £45 p.a.
- Service Charge: £5,600 p.a.
- EPC: C
Investment Highlights
- Strong Yield: Currently let at £2,000 pcm under an AST until October 2026
- Zero Arrears: 100% occupancy, no missed rent payments
- Professional Tenants: No complaints or issues recorded
- Prime Location: Situated in one of SE16’s most desirable developments with on-site amenities
The Development – King & Queen Wharf
A secure, riverside development known for its high-quality build and long-term capital appreciation potential. Residents benefit from landscaped communal gardens, secure entry systems, and well-maintained communal areas. The development enjoys strong demand from both tenants and owner-occupiers, ensuring excellent liquidity when selling.
Location & Connectivity
SE16 (Rotherhithe/Canada Water) has transformed into one of London’s most in-demand investment postcodes.
- Transport Links:
- Canada Water (Jubilee Line & Overground) – 10 mins walk
- Rotherhithe Overground – 5 mins walk
- Easy access to Canary Wharf (1 stop) and the City (under 15 mins)
- Lifestyle Amenities:
- Riverside pubs & restaurants
- Thames Path for walking & cycling
- Surrey Quays Shopping Centre & Canada Water Masterplan area
- Future Growth Drivers:
- Canada Water regeneration project (£3.3bn investment by British Land) bringing new offices, retail, leisure, and housing
- Proximity to Crossrail at Canary Wharf
Rental Market & Capital Growth
- Rental Demand: SE16 remains one of the highest-demand rental locations in London due to its riverside setting, transport links, and proximity to major employment hubs.
- Current Rent: £2,000 pcm – above the local average for 1-bed apartments due to additional study room and parking.
- Capital Growth: Property prices in SE16 have risen over 25% in the past 5 years, with further uplift expected from the ongoing Canada Water regeneration.
- Future Rent Potential: Forecasted rental growth of 3–5% annually in the next 5 years.
Financial Snapshot
- Purchase Price: £350,000
- Gross Yield: 6.85%
- Service Charge & Ground Rent: £5,645 p.a.
- Net Yield (Approx): 5.25%
- Tenancy: Fixed until October 2026 – no void risk
Why This is a Strong Investment
- Immediate Income – Secure tenancy in place, no setup required.
- High-Yielding Asset – Outperforms many London postcodes.
- Capital Growth Potential – Prime location near multi-billion-pound regeneration.
- Low Risk – Fully compliant, no repairs needed, EWS1 not required.
- Desirable Riverside Lifestyle – Always in demand by tenants and buyers.
