Flat 1602, Distillery Tower, 1 Mill Lane, London, SE8 4HP

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
Flat 1602 earns an INVESTIGATE rating with HP Score 71/100. Investment score 71/100 reflects strong fundamentals. Crime intensity is moderate. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceSignificant
- RadonLow
- MiningModerate
- LandslideModerate
- Air QualityLow
- NoiseHigh
Planning Activity
- PendingDC/26/145980Schedule 1 application for discharge of details submitted pursuant to Condition 5(a)-Window, Door and Chimney Details of planning permission DC/23/131763 dated 27th July 2023 at 30 Deptford High Street SE8.
- PendingDC/26/145943Schedule 1 application submitted under Section 96a of the Town & Country Planning Act 1990 for a non-material amendment in connection with the planning permission DC/17/101621 dated 22/1/2020, as amended by s73 Minor Material Amendment application DC/21/121768 dated 15 December 2021 'Construction of three buildings, measuring 8, 14 and 34 storeys in height, to provide 365 residential dwellings (use class C3) and 554.sqm gross of commercial/ community/ office/ leisure space (Use Class A1/A2/A3/ B1/ D1/ D2) with associated access, servicing, energy centre, car and cycle parking, landscaping and public realm works at the former car parks, Tesco Store, 209 Conington Road SE13', for the variation of Condition (2) in order to allow: Change to west elevation main entrance door from double leaf, outward opening swing doors to single leaf sliding door with fixed side panel.
- Pending26/3113/AReplacement of existing hotel signage to reflect rebranding, including non-illuminated aluminium signage in existing locations and at existing scales, with retention of existing light bars.
Ownership
- Corporate Ownership39.5%
- Overseas OwnershipNo
- Lease Term Remaining999+ yrs
- CovenantsRestrictive
- Lease TypeLeasehold
- Last Ownership Change2025-01-16
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- Addey and Stanhope School0.2 miGood
- Tidemill Academy0.2 miGood
- Oak Gardens Primary School0.3 miGood
- St Stephen's CofE Primary School0.3 mi
Inspected as St Stephen's CofE Primary School (URN 100734) on 21 Jun 2022
1 of 12 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- Distillery Tower, 1 Mill Lane-£325k-
- Distillery Tower, 1 Mill Lane-£293k-
- Distillery Tower, 1 Mill Lane-£335k-
- Distillery Tower, 1 Mill Lane-£350k-