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Plover Way, London SE16 - Image 1
Plover Way, London SE16 - Image 2

Plover Way, London SE16

London

£435,000
Listed on 21/09/2025

Property Details

Bedrooms
2
Type
Flat
Area
698 sqft

Description

This two-bedroom apartment presents a compelling opportunity for those looking to invest in a property with significant renovation potential. The layout includes two generously sized double bedrooms, a contemporary bathroom, and a spacious reception room that features large windows, allowing natural light to illuminate the space while offering pleasant views of the communal garden’s water features. The semi-open plan kitchen is designed for practicality, making it suitable for both casual living and entertaining guests. Situated along the banks of the Thames, this location strikes an ideal balance between peaceful riverside living and the conveniences of urban life. Canada Water is gaining recognition as one of London’s up-and-coming neighborhoods, enriched with local amenities such as the Surrey Quays Shopping Centre and picturesque waterfront areas like Canada Water Dock. The neighborhood also boasts ample green spaces, including Russia Dock Woodland, which adds to its appeal for those seeking outdoor activities. The nearby area of Rotherhithe enhances this property’s charm with its historic streets lined with converted warehouses and traditional pubs like The Mayflower. Residents can explore scenic walks along the Thames Path and enjoy cultural experiences at locations such as the Brunel Museum, all within easy reach of the city center. For commutes across London, excellent transport links simplify travel. Canada Water station provides access to both the Jubilee Line and Overground services, facilitating quick journeys to Canary Wharf, London Bridge, and the West End. Additionally, Surrey Quays Overground service connects directly to key areas in the City. The nearby Thames Clipper riverboat service further enhances accessibility alongside multiple bus routes. With its desirable location and room for improvement, this apartment represents a valuable prospect for first-time buyers or investors looking to make their mark on a property in a thriving community.

Investment Analysis

(SE16 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£623/sq ft
Area Average
£685/sq ft
Avg Rent (weekly)
£538
Avg Yield
5.8%

Renovation Potential

Est. Renovation Cost
£43,500 - £108,750
10-25% of property value
Target Value
£525,828
10% above area average per sq ft
Potential ROI
-3.3%
After renovation
Monthly Sales
41
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (SE16)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 6.1%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on SE16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Plover Way, London SE16
Map showing location of Plover Way, London SE16
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