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SE1 2PY

Shad Thames, Shad Thames, London, SE1

£1,500,000
£103,000 below fair value
2 Beds
2 Baths
174 m² Floor area
Type Flat
Listed 11 Sep 2026
Price per m² £8,621 / m²

Architecture and Interior

Situated in a gated courtyard, this is one of the best kept secrets in Shad Thames.  Located in the new new build section, this property was created when the original warehouse was redeveloped and compliments the overall industrial aesthetic superbly.

Entering on the ground floor, you enter a huge open-plan space with tall ceilings and hardwood floors throughout. The principal reception room is a capacious working space spanning nearly 1000 sq.ft, featuring an open-plan kitchen, and a separate bathroom. This is the main workspace, where the current owner operates a photography studio.

Two further reception rooms and an additional bathroom complete the property, with completely flexible living and working environments. There is existing pipework and plumbing here for a brand new kitchen, if so desired. The whole property offers a multitude of different approaches to how you can shape your life in the property, with two separate entrances on either side of the building, one of which provides on-street access.

Included in the service charges and part of the fabric of daily life, is a daytime concierge for the development. There is an allocated undercover parking space outside of the central London Congestion Charging zone.

 

History

Colonial Wharf, now known as Butlers & Colonial Wharf was a former British Empire hub for storing goods like tea, coffee, and spices, earning the area the nickname “London’s Larder” it specialised in tea, reputedly having the largest tea warehouse in the world. It also stored grain, rubber, sugar, cloves, cinnamon and tapioca.

Situated in the heart of original Shad Thames, the immediate area is a place of rich history, including Jacob’s Island (to the right of Butler’s Wharf between Shad Thames and Mill Street). This was a Victorian slum and set the scene for Bill Sykes’ home in Charles Dickens ‘Oliver’. Jacob’s Island transformed drastically in the 20th century after being under constant bombing during the Blitz in World War Two and later in the 1970s when a period of decline in the docking industry forced the warehouses to close. Many of the existing warehouses were then converted into sympathetic loft conversions.

 

In The Neighbourhood

It’s a peaceful neighbourhood in Central London renowned for its warehouses, gangways, and cobbles from its industrial past and provides residents with charm, culture and convenience. Renowned destinations such as Le Pont de la Tour & Butlers Wharf Chop House are only a short walk away to the river, and some of the best pubs in Southwark are all within a 5-minute walk.

The Bankside Low line, a huge investment and refurbishment project of all the railway arches leaving London Bridge, has created a plethora of microbreweries, restaurants, coffee shops and bars, all on your doorstep.

 

Transport

London Bridge station is just a 12-minute walk, connecting by rail to southeast London & Kent, and linking with the Jubilee and Northern underground line. Tower Hill station is also only a 15-minute walk over the river, providing access to the Circle and District tube line

 

 Material Information

  • Property construction: Brick with modern construction methods
  • Utilities: Gas, electric, and water
  • Gas Supply: Independently supplied by British Gas
  • Electricity supply: Independently supplied by Octopus Energy
  • Water supply & Sewerage: Mains connected with Thames Water
  • Broadband: Standard download speed 16Mbps, upload speed 1Mbps Ultrafast available (d/s 1000Mbps, u/s 924 Mbps) Source: Ofcom
  • Mobile signal/coverage: Likely excellent external cover on all major networks, limited internal cover linked to most major networks. Source: Ofcom
  • Restrictions: Located in the Tower Bridge Conservation area  
  • Rights and easements: Shared car and building access.
  • Flood risk: Low to very low current and future risk of surface and river flooding. No other flood risk noted. Source: GOV.UK
  • Planning permission: Check here
  • Accessibility/adaptations: Ground floor property, accessible to wheelchair users Coalfield or mining area: No. Source here.
  • Flight path: Yes
EPC rating: C. Tenure: Leasehold, Service charge description: Includes cleaning communal areas and maintenance, new roof done, fountain repairs, security camera monitoring and on site concierge., Length of lease (remaining): 971 years 4 months, Known building safety issues or planned/required works: No Planning permissions: Planning permission: None known. Source: London borough of Southwark
Mobile signal information: Likely excellent external cover on all major networks,
limited internal cover linked to most major networks. Source: Ofcom

How the asking price has moved

Sep 2026
£1,500,000
Listed at original asking price

Prices, costs and transport nearby

What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.

Type Median Middle 80%
Flat This home
Median
317 sales
Terraced
Median
2 sales
Semi-Detached
No sales nearby
Detached
No sales nearby

Most recent sales

Address Sold price Date Type
Flat 22, CORIANDER COURT, 20 GAINSFORD STREET, SE1 2PG £843,000 Aug 2026 Flat
Flat 511, CARAWAY APARTMENTS, 2 CAYENNE COURT, SE1 2PP £500,000 Aug 2026 Flat
9 PROVIDENCE SQUARE, SE1 2EA £775,000 Aug 2026 Flat
Flat 706, TEA TRADE WHARF, 26 SHAD THAMES, SE1 2AS £1,000,000 Aug 2026 Flat
36 LITTLE LONDON COURT, SE1 2BF £730,000 Jul 2026 Flat
Flat 50, VOGANS MILL WHARF, 17 MILL STREET, SE1 2BZ £825,000 Jul 2026 Flat
Flat 217, CARAWAY APARTMENTS, 2 CAYENNE COURT, SE1 2PP £490,000 Jul 2026 Flat
Flat 13, WHEAT WHARF APARTMENTS, 27 SHAD THAMES, SE1 2YW £919,000 Jul 2026 Flat
Flat 402, GINGER APARTMENTS, 1 CAYENNE COURT, SE1 2PA £425,000 Jun 2026 Flat
Flat 36, JAVA WHARF, 16 SHAD THAMES, SE1 2YH £565,000 Jun 2026 Flat
Flat 2, TRIANGLE HOUSE, 21 THREE OAK LANE, SE1 2NZ £610,000 Jun 2026 Flat
20 BUTLERS COLONIAL WHARF, SE1 2PX £620,000 May 2026 Flat
Flat 201, TEA TRADE WHARF, 26 SHAD THAMES, SE1 2AS £1,500,000 May 2026 Flat
Flat 21, ST SAVIOURS WHARF, MILL STREET, SE1 2BE £870,000 May 2026 Flat
Flat 407, FENNEL APARTMENTS, 3 CAYENNE COURT, SE1 2PJ £725,000 May 2026 Flat
Source: HM Land Registry · within 200 m · most recent first

Shad Thames, Shad Thames, London, SE1

Asking price
£1,500,000
£103,000 below fair value
Our fair price estimate £1,603,000
Price per m² £8,621 / m²
Fair price = nearby sold prices per m² × UK HPI × 174 m² floor area (EPC-declared). Source: Land Registry, EPC & UK HPI.
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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 174 m². Updated daily.

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