Matilda House, St. Katharines Way, Wapping
E1W 1LQ · 1 bed · 1 bath · 47 sqm
The Flatscope verdict
12 sources cited
Skip
0-35
Reconsider
36-51
Caveats apply
52-67
Reasonable buy
68-81
Strong buy
82-100
Strong location and price, but the 87-year lease is on a five-year fuse. Budget for the statutory extension on day one.
What gives pause
Lease remaining
Five years off the 80-year cliff, after which the extension cost roughly doubles. Start the statutory extension the day you complete.
87 years
Listing status
Recently removed from Rightmove. Could be sold, withdrawn or relisted. Neutral, but worth asking the agent why.
Removed · neutral
What holds up
Asking price
Level with the 2015 sale of a comparable property in the block. A competitive entry point, not a premium.
£350,000
Location
By St Katharine Docks. Three stations within seven minutes, postcode in London's safest fifth.
Wapping
Service charge
Stated in pounds, on the public record. Roughly half what the modern blocks nearby ask.
£1,350 a year
Ground rent
On the record, not omitted like most listings. A nominal figure.
£10 a year
We don’t replace a survey, we screen before you book one.
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