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£341,000 above fair value

SE1 2YE

Butlers Wharf Building, 36 Shad Thames, London, SE1

2 Beds
2 Baths
149 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £2,250,000
Price per m² £16,779 / m²

Large two bedroom river fronted warehouse conversion of 1601 sq ft in the historic Butlers Wharf Building, with allocated parking, private balcony, and two refurbished bathrooms.
Positioned on the third floor, the apartment has retained its original character including exposed brickwork. The property exceeds 1,600 sq. ft and includes a large open plan reception room with spacious balcony looking over the Thames, making the most of the stunning views towards Tower Bridge, the City, and Canary Wharf to the East.

The generous size of the reception room creates definitive areas separating living, working and dining. The semi open plan kitchen has integrated appliances and is in very good condition. Both bedrooms are very good sized doubles with fitted wardrobes. The principal bedroom benefits from an en-suite shower room, tastefully refurbished to the highest of standards.

There is also a further guest shower room, also refurbished to the same high standard, and an abundance of built in storage in the generous hallway. There is also a guest WC in the entrance hallway. Butlers Wharf is one of London's most iconic addresses located near Tower Bridge and is in easy access to the City. The development benefits from lift access, secure car parking and 24hr concierge. It is located along the Thames Pathway close to the large variety of bars and restaurants that Shad Thames has to offer. Tower Hill (Circle and District lines) and London Bridge (National Rail services, Northern and Jubilee lines) Stations are both close by.

- Service Charge: Circa £3471 per quarter (circa £13,884 pa) - including parking and reserve fund contribution
- Ground rent: £250 per quarter (£1,000 pa)
- Lease: 150 years from 1 January 2000
- Council tax: Band G

How the asking price has moved

May 2026
£2,500,000
Listed at original asking price
Jun 2026
£2,250,000
Current asking price

Butlers Wharf Building, 36 Shad Thames, London, SE1

Our fair price estimate
£1,909,000
Nearby sold prices per m² × UK HPI × 149 m² floor area (EPC-declared)
Asking price £2,250,000
Fair price £1,909,000
Difference ↑ £341,000 over
Price per m² £16,779 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 149 m². Updated daily.