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2 bed property for sale Prospect Place, Wapping, E1W

Asking price

£625,000

Added on 01/10/2026

Bedrooms: 2
Bathrooms: 2
Tenure: Share of freehold; 999 years left(from the agent's description)

Service charge £2,500 a year Council tax Band E £2,404 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Period features
Share of freehold
999 years left on the lease

About this property

Set within the sought after gated development of Prospect Place, this well-maintained two bedroom end of terrace home offers a rare opportunity to acquire a share of freehold property in the heart of Wapping.

Presented in excellent condition throughout, the house has been carefully maintained by its current owners and retains many of its original features, creating a home with character and charm.

Floorplan

Council tax

Band E £2,404 a year

Per year

Band A

£1,312
Band B

£1,530
Band C

£1,749
Band D

£1,967
Band E

This home: £2,404
Band F

£2,842
Band G

£3,279
Band H

£3,935

This home is in band E, which costs £2,404 a year in Southwark for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Prospect Place, Wapping, E1W

Open map Street View

Mortgage and stamp duty

Property price £625,000

£312k £938k

Deposit10% £63,000

£0 £625k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £562,000 mortgage. Most lenders would want a household income of about £125,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
30, Prospect Place Flat / maisonette	Flat / maisonette	Nov 2025	807 sq ft £917/sq ft	807 sq ft	£917	£740,000
61, Prospect Place Flat / maisonette	Flat / maisonette	Aug 2025	538 sq ft £743/sq ft	538 sq ft	£743	£400,000
29, Prospect Place Flat / maisonette	Flat / maisonette	Mar 2025	786 sq ft £795/sq ft	786 sq ft	£795	£624,999
30, Prospect Place Flat / maisonette	Flat / maisonette	Sept 2023	807 sq ft £762/sq ft	807 sq ft	£762	£615,000
46, Prospect Place Flat / maisonette	Flat / maisonette	Jun 2023	409 sq ft £685/sq ft	409 sq ft	£685	£280,000
6, Prospect Place Flat / maisonette	Flat / maisonette	Jan 2023	753 sq ft £896/sq ft	753 sq ft	£896	£675,000
48, Prospect Place Flat / maisonette	Flat / maisonette	Apr 2022	883 sq ft £793/sq ft	883 sq ft	£793	£700,000
18, Prospect Place Flat / maisonette	Flat / maisonette	Apr 2022	786 sq ft £802/sq ft	786 sq ft	£802	£630,000