Summary - SHEARSMITH HOUSE FLAT 65 HINDMARSH CLOSE LONDON E1 8HU
1 bed 1 bath Apartment
Central location near transport; auction sale with strong rental potential.
500 sqft one-bedroom layout with lounge, kitchen and bathroom
A 1-bedroom, 500 sqft leasehold flat in central Wapping offered for sale at auction. The layout comprises bedroom, lounge, kitchen and bathroom; the property is useable as-is but shows dated 1980s/Mid‑20th century decor in parts and offers clear scope for cosmetic upgrading or a full refurbishment. The building dates from c.1950–66 and benefits from double glazing (installation date unknown) and mains gas central heating via boiler and radiators.
This flat suits an investor or a buyer seeking an affordable central London base with rental or value-add potential. The long lease (103 years remaining) and low ground rent (£10pa) are positive; however the annual service charge is relatively high at about £3,000 and the immediate area records above-average crime and higher deprivation indicators, which will influence lettings and resident profiles.
Practical positives include fast broadband and excellent mobile signal, easy access to local amenities and transport links, and no recorded flood risk. Important considerations for a purchaser are the building’s cavity-wall construction (assumed without added insulation), the dated internal finishings visible in hallways, and the likely need for ongoing service charge contributions. Sale by auction means a speedy, conditional purchase process — factor that into finance and viewing plans.
1 bedroom flat for sale in Hindmarsh Close, Wapping, London, E1 — £270,000 • 1 bed • 1 bath • 500 ft²
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1 bedroom flat for sale in The Listed Building, Wapping, London, E1W — £300,000 • 1 bed • 1 bath • 652 ft²
1 bedroom apartment for sale in Discovery Walk, London, E1W — £374,995 • 1 bed • 1 bath • 380 ft²
1 bedroom flat for sale in Bridewell Place, Wapping, E1W — £449,950 • 1 bed • 1 bath • 626 ft²
1 bedroom flat for sale in Wapping Lane, Wapping, E1W — £395,000 • 1 bed • 1 bath • 615 ft²
