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£560,000 Offers in excess of
Bedrooms
Bathrooms
Offers Over 560,000 | 2 Bedrooms | 2 Bathrooms | 852 sq ft | River Views | Allocated Parking
Set on the highly sought-after Rotherhithe Street, this beautifully presented 852 sq ft apartment in Somerville Point offers an exceptional blend of space, views, and lifestyle in one of SE16s most desirable riverside locations.
Enjoying direct views of the River Thames, this bright and spacious two-bedroom, two-bathroom apartment is perfectly arranged for comfortable modern living. The generous reception area benefits from a spacious balcony, while the separate kitchen creates a clear division of spaceideal for entertaining or peaceful evenings in.
The master bedroom features fitted wardrobes and an en-suite shower room, while the second double bedroom is served by a stylish family bathroom, making it ideal for sharers, guests, or young families.
Additional features include:
Allocated off-street parking
Lift access & secure entry system
Well-maintained, peaceful development
Moments from the Thames Path, historic riverside pubs, and Russia Dock Woodland
Excellent transport links via Rotherhithe, Canada Water (Jubilee Line & Overground), and riverboat services
Location, Lifestyle & Investment
This home is not only move-in readyit also offers exceptional future value thanks to its proximity to the Canada Water Masterplan, one of Londons most ambitious regeneration projects. This 4 billion development is transforming the area into a vibrant new town centre with:
A new high street, shopping centre, town square, and food/leisure spaces
Around 3,000 new homes and 2 million sq ft of modern workspace
1 million sq ft of shops, cafs, gyms, and entertainment including a major new leisure centre and Corner Cornera riverside cultural venue with food halls, live music, and even a vertical farm
A new 3.5-acre park, boardwalk along Canada Dock, and green corridors linking to Russia Dock Woodland and Southwark Park
Major transport upgrades, including a second Surrey Quays station entrance and improved cycle/bus links
All designed to net-zero carbon standards with exceptional sustainability credentials
This masterplan promises a significant uplift in lifestyle and long-term investment valuemaking 15 Somerville House not just a beautiful riverside home, but a smart purchase in one of Londons fastest-growing neighbourhoods.
Early viewings highly recommended Offers Over 560,000.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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