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2 bed flat for sale Water Gardens Square, London, SE16

Asking price

£575,000

Added today

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £572 per sq ft
Tenure: Leasehold; 977 years left

Service charge £4,600 a yearGround rent £300 a year

About this property

Set within Dovecote House on the popular Water Gardens Square development in Rotherhithe, this generously proportioned two-bedroom ground floor apartment extends to approximately 1,005 sq ft (93.37 sq m) and enjoys its own private garden terrace. A welcoming home for those seeking space in a well-connected setting, and one we would encourage you to view in person.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,312
Band B

£1,530
Band C

£1,749
Band D

£1,967
Band E

£2,404
Band F

£2,842
Band G

£3,279
Band H

£3,935

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southwark, 2026/27 bills run from £1,312 a year in band A to £3,935 in band H.

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.

Price guide

100 comparables · within 0.8 miles

Priced above 61% of the 2-bed flats for sale nearby right now.

This home, £575,000 Median £532,500 · £398,496 – £902,500

Against sold prices

17% under

SE16 sold median £688 / sq ft, 850 sales

Compared with 100 2-bed flats for sale within 0.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE16 →

Location

Water Gardens Square, London, SE16

Open map Street View

Mortgage and stamp duty

Property price £575,000

£287k £863k

Deposit10% £58,000

£0 £575k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £517,000 mortgage. Most lenders would want a household income of about £115,000 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
Flat 264, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	May 2024	958 sq ft £658/sq ft	958 sq ft	£658	£630,000
Flat 233, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	May 2024	732 sq ft £765/sq ft	732 sq ft	£765	£560,000
Flat 251, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	Mar 2022	872 sq ft £700/sq ft	872 sq ft	£700	£610,000
Flat 223, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	May 2020	678 sq ft £752/sq ft	678 sq ft	£752	£510,000
Flat 205, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	Jan 2018	969 sq ft £568/sq ft	969 sq ft	£568	£550,000
Flat 251, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	Oct 2016	872 sq ft £732/sq ft	872 sq ft	£732	£638,500
Flat 271, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	Oct 2015	1,335 sq ft £652/sq ft	1,335 sq ft	£652	£870,000
Flat 215, Dovecote House, Water Gardens Square Flat / maisonette	Flat / maisonette	Oct 2014	893 sq ft £548/sq ft	893 sq ft	£548	£490,000