7, Bridge House Quay, London, E14 9QW

Description

Leasehold second floor flat with two bedrooms, reception room, kitchen, bathroom/wc, balcony, garage and allocated parking.

Accommodation

Two bedrooms, reception room, kitchen, bathroom/wc. Outside: balcony, garage, allocated parking.

Location

The property is located on Bridge House Quay, off Preston’s Road (A1206). Shopping amenities are available locally within Canary Wharf, with further amenities in Stratford to the north and Central London to the west. Public transport links are available at Blackwall Station (DLR Services) to the north and North Greenwich London Underground Station (Jubilee Line) to the south east, along with local bus services. Road links include the A1206 and A1261. Recreational pursuits are available locally.

Tenure / Property Information

Investment Analysis

The strongest supplied evidence is the completed sale of 5 Bridge House Quay for £562,500 on 28 March 2025. A further same-development sale, 8 Bridge House Quay, completed at £400,000 on 15 March 2019. The comparables do not confirm matching floor area, specification, lease length, service charge or condition, so £562,500 is an indicative base GDV rather than a formal valuation. The £350,000 guide is approximately 62.2% of the latest supplied comparable, before works, lease costs, finance and selling costs.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the lease, service charge, ground rent, remaining term, special conditions and a property inspection first; only then assess whether the guide provides sufficient margin.

Works Required

No refurbishment defects or required works are identified in the supplied evidence. Confirm condition, heating, lease terms, service charge and any required remedial works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative base GDV, 75% refinance proceeds would be £421,875. Total project cost and cash left in cannot be calculated because refurbishment costs, lease costs, finance costs and any seller charges are unknown. The strategy depends heavily on confirming a satisfactory remaining lease and acceptable ongoing charges.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Service charge, ground rent and lease length are also awaited and could materially affect net returns and mortgageability.

Flip Analysis

The latest same-development completed sale supports an indicative GDV of £562,500, but exact comparability is unconfirmed. A flip surplus cannot be calculated because works, acquisition costs beyond the £1,800 administration charge, seller charges and resale costs are not fully evidenced.

Investor Risks & Due Diligence

• Remaining lease term is not supplied and may affect value, lending and resale.

• Annual service charge and ground rent are unknown.

• The seller may charge additional completion fees under the special conditions.

• No sufficiently specific rental evidence is supplied, preventing yield analysis.

• The available comparables do not confirm matching size, layout, condition or specification.

• Refurbishment and condition costs are unknown.

Recommendation

Do not bid on the current evidence alone. Obtain the lease, service charge, ground rent, remaining term, special conditions and a property inspection first; only then assess whether the guide provides sufficient margin.

Strategy Rating

Analysis Confidence

There is a recent same-development completed sale and a second historical comparable, but no exact size/specification match, rental evidence, lease details, service charge, ground rent, condition report or complete fee schedule.