# 1 bedroom apartment for sale (SE16 7FQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, 2 AURORA POINT, PLOUGH WAY, LONDON, GREATER LONDON SE16 7FQ |
| Price | £375,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £365,000 Jul 2025 |

## Description

Regent are proud to present this stunning one-bedroom apartment in the heart of Aurora Point, part of the Marine Wharf development, SE16.

The property comprises one double bedroom, an open plan kitchen/living area, a modern bathroom and a balcony. The modern, fully-fitted kitchen boasts integrated appliances. The beautiful, fully-tiled bathroom features mirrored cabinetry with white sanitary-ware.

Finished to a high standard throughout, the property enjoys fresh, matt white walls and recessed lighting and engineered wood flooring throughout. The large living/kitchen area has been thoughtfully designed with full-height windows providing natural light. 

Residents benefit from a plethora of amenities including shops, bars, restaurants, a private fitness & leisure suite and a 24 hour concierge service. 

Ideally located close to a variety of transport links, including busses, tubes, overground and river taxi. Surrey Quays Rail Station is a 12 min walk away and Canada Water Underground just 17mins away; these stations are serviced by Overground and Jubilee Line services respectively. 

Closer still is Greenland Surrey Quays Pier at just 8mins walk away and is serviced by the Thames Clipper for novel transport along the Thames.

**** 

Regent Property comply with the Tenant Fees Act 2019 and are members of The Property Ombudsman scheme. Our Client Money Protection is provided by the UKALA Total Loss CMP scheme. More info on our website or via telephone.

## Property Photos

- ![Open plan](/listings/photos/173145110/722220) - Open plan
- ![ (Email)](/listings/photos/173145110/722225) -  (Email)
- ![Open plan/Reception](/listings/photos/173145110/722227) - Open plan/Reception
- ![Reception](/listings/photos/173145110/722231) - Reception
- ![Kitchen](/listings/photos/173145110/722232) - Kitchen
- ![Bedroom](/listings/photos/173145110/722234) - Bedroom
- ![Bathroom](/listings/photos/173145110/722235) - Bathroom
- ![Balcony](/listings/photos/173145110/722237) - Balcony
- ![External](/listings/photos/173145110/722239) - External

## Floorplans

- ![Floorplan 1](/listings/photos/173145110/722240) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 AURORA POINT FLAT 2 PLOUGH WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7FQ | £365,000 | 17/07/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| QUINTON COURT FLAT 3 PLOUGH WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7FA | £500,000 | 12/01/2026 | Flat |
| BALTIC QUAY, 1 FLAT 102 SWEDEN GATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 7TG | £400,000 | 09/01/2026 | Flat |
| QUINTON COURT FLAT 15 PLOUGH WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7FA | £405,000 | 19/12/2025 | Flat |
| BALTIC QUAY, 1 FLAT 402 SWEDEN GATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 7TJ | £385,000 | 02/12/2025 | Flat |
| 151 FLAT K PLOUGH WAY, LONDON, SOUTHWARK, GREATER LONDON, SE16 7FN | £325,000 | 14/11/2025 | Flat |
| SIRIUS HOUSE FLAT 4 SEAFARER WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7DR | £340,000 | 04/11/2025 | Flat |
| 279 GROVE STREET, LONDON, LEWISHAM, GREATER LONDON, SE8 3PZ | £600,000 | 15/08/2025 | Flat |
| 2 FLAT L TRANSOM CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE16 7FH | £345,000 | 10/07/2025 | Flat |
| QUINTON COURT FLAT 10 PLOUGH WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7FA | £580,000 | 31/03/2025 | Flat |
| ENDEAVOUR HOUSE 33 ASHTON REACH, LONDON, LEWISHAM, GREATER LONDON, SE16 7EQ | £560,000 | 06/01/2025 | Flat |
| AURORA POINT, 1 FLAT 22 WINCHESTER SQUARE, LONDON, LEWISHAM, GREATER LONDON, SE8 3FQ | £435,000 | 24/11/2023 | Flat |
| 11 LINBERRY WALK, LONDON, LEWISHAM, GREATER LONDON, SE8 3QE | £340,000 | 23/11/2023 | Flat |
| AURORA POINT, 1 FLAT 3 WINCHESTER SQUARE, LONDON, LEWISHAM, GREATER LONDON, SE8 3FQ | £405,000 | 13/11/2023 | Flat |
| AURORA POINT, 1 FLAT 8 WINCHESTER SQUARE, LONDON, LEWISHAM, GREATER LONDON, SE8 3FQ | £420,000 | 30/10/2023 | Flat |
| AURORA POINT, 289 FLAT 4 GROVE STREET, LONDON, LEWISHAM, GREATER LONDON, SE8 3PZ | £480,000 | 16/10/2023 | Flat |
| ENDEAVOUR HOUSE 54 ASHTON REACH, LONDON, LEWISHAM, GREATER LONDON, SE16 7EQ | £410,000 | 04/10/2023 | Flat |
| SIRIUS HOUSE FLAT 29 SEAFARER WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7DR | £700,000 | 25/08/2023 | Flat |
| 2 FLAT G TRANSOM CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE16 7FH | £245,000 | 08/08/2023 | Flat |
| 11 KEMPTHORNE ROAD, LONDON, LEWISHAM, GREATER LONDON, SE8 3QD | £275,000 | 08/08/2023 | Flat |
| 2 AURORA POINT FLAT 21 PLOUGH WAY, LONDON, LEWISHAM, GREATER LONDON, SE16 7FQ | £625,000 | 24/07/2023 | Flat |

**Area average:** £438,750 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £462,192 (88 Flat, SE16, 2024–2026)
- **Deviation:** -18.9%

## Rental Range

*ONS Price Index of Private Rents (Lewisham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,639/mo
- **Realistic:** £1,821/mo
- **Optimistic:** £2,003/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £898/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Mary Rose Square, SE16 | £1,898/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Naomi St, SE8 | £2,300/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Mandara Place, SE8 | £2,500/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Nyland Court, SE8 | £1,950/mo | 1 | 0.19 miles | OpenRent |

**Average rent: £2,162/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.57% (weak for cashflow)
- **Max investor price (0.8%):** £265,625
- **Target investor price (1%):** £212,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,125/mo).*

- **Gross yield:** 6.8%
- **Cost-to-rent:** 14.7×
- **Monthly cashflow:** £411/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -5%
- **10y growth:** 1.5%

## House Price Index (HM Land Registry)

*Official index for Lewisham; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.3%
- **5y growth (index):** -1.3%
- **10y growth (index):** 7.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)