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Flat 2, 3 Rainbow Quay, London, SE16 7UF

UPRN:200003418404Purpose Built Flat2 bedsBuilt 1996-2002
LeaseholdCouncil Tax: Band EEPC: D (64)
Data freshness:Listing· freshListing: fresh, refreshed 5d ago (2026-11-04T04:00:06.345886+00:00)Planning· 3mo agoPlanning: ageing, refreshed 3mo ago (2026-08-15T08:16:04.562176+00:00)Ownership· freshOwnership: fresh, refreshed 2d ago (2026-11-06T18:00:39.110638+00:00)Risk· 5mo agoRisk: stale, refreshed 5mo ago (2026-06-18T00:00:00+00:00)Connectivity· 1mo agoConnectivity: ageing, refreshed 1mo ago (2026-10-03T06:43:10.905825+00:00)Schools· freshSchools: fresh, refreshed 3d ago (2026-11-05T17:42:09.721250+00:00)Amenities· 2mo agoAmenities: ageing, refreshed 2mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refreshCouncil Tax· 6mo agoCouncil Tax: stale, refreshed 6mo ago (2026-05-20T09:33:12.870431+00:00)
Flat 2, 3 Rainbow Quay, London, SE16 7UF

HP Score

Strong
Verdict
2 days ago
  • Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.

    Strong fundamentals; flood risk not assessed

Evidence
19 of 21 sources
Sale Estimate
£561,000
£505k - £617kMedium
Estimate
£561k
Range
£505k – £617k
Rent Estimate (pcm)
£2,600
£2k - £3k
Monthly
£2,600
Yield
6.57%

Verdict

Derived from HomePortfolio scores

Flat 2 earns an INVESTIGATE rating with HP Score 79/100. Investment score 66/100 reflects moderate fundamentals. Crime intensity is low. Walkability is good (75/100). 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.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS
HP Score
79/ 100
Strong
Investment Score
66/ 100
Moderate
Crime Score
21/ 100
Moderate
Walkability
75/ 100
High
Transit & Bike
Transit 33Bike 77
Walk Score, out of 100

Valuation & Market

Sale Estimate£561,000
Rent Estimate (pcm)£2,600
Gross Yield6.57%
1y Growth-
3y Growth-2.5%
5y Growth+0.0%
10y Growth+0.4%
Last Sold Price-

Risk Overview

  • Flood RiskUnknown
  • SubsidenceSignificant
  • RadonLow
  • MiningLow
  • LandslideLow
  • Air QualityLow
  • NoiseLow

Planning Activity

Recent Apps
1SE16 7UF
Approval Rate
100%12mo
Development
low
  • 26/AP/3210
    Non-material amendment of planning permission 21/AP/4671 'Erection of a part four and part five-storey (plus basement) building on current vacant site to provide residential units (Use Class C3), with associated landscaping, public realm, private and communal amenity space and cycle parking.' to amend the wording of Condition 6 (subsequently amended by 26/AP/2247) to allow the required information to be submitted and approved in four stages aligned with the proposed construction sequence.
    Pending
  • 26/AP/3169
    Details of condition 50 (Arboricultural Method Statement) as required by planning permission ref. 24/AP/3718 dated 08/08/2025 for 'Full planning permission for the demolition of all buildings and structures and the comprehensive redevelopment of the site to provide the following new development: On Plot A, two new buildings (A1 and A2) to provide offices (Class E(g)) with retail/food and drink/professional services (E(a/b/c) with a shared basement, servicing, parking and other ancillary accommodation; On Plot B, two new buildings to provide; in Building B1, purpose-built student accommodation (sui generis) with community use (F2), in Building B2, residential (C3) with retail/food and drink (E(a/b)); with basements, servicing, parking and other ancillary accommodation; Works of hard and soft landscaping, replacement of trees and planting of new trees; new vehicular access points from Surrey Quays Road and Canada Street, along with other incidental works'.
    Pending
  • 26/AP/3154
    Notification submitted to satisfy Schedule 5, paragraphs 5.1.5 and 5.1.6 (Notice Of Completion and Occupation) of S106 Agreement associated with planning permission ref. 23/AP/0543 for 'Construction of a Part 13 and Part 14 storey building (over basement) with a maximum height of 51m AOD to provide 135 co-living/shared living rooms with associated internal and external amenity space (Sui generis) together with ground and first floor commercial units (Class E), with ancillary refuse/cycle stores, servicing areas, landscaping, associated public realm works and provision of 2 disabled car parking spaces'.
    Pending

Ownership

  • Corporate Ownership35.3%
  • Overseas OwnershipNo
  • Lease Term Remaining999+ yrs
  • CovenantsRestrictive
  • Lease TypeLeasehold
  • Last Ownership Change-
  • SourceLand Registry

Connectivity

Broadband (Standard)
14 Mbps
Mobile 4G/5G Coverage
EEThreeO2Vodafone
EV Charger
-
PTAL Rating
-

Area Profile

Median EarningsLocal authority£43,006
Population Density12,215 /km²
Owner Occupied42%
Age Distribution
0-15 8%16-64 87%65+ 5%

Schools Nearby

  • Marathon Science School
    0.4 mi
    Requires improvement
  • St John's Roman Catholic Primary School
    0.4 mi
    Area grades2025

    Inspected after Ofsted withdrew the single overall grade.

  • Alfred Salter Primary School
    0.4 mi
    Good
  • Arnhem Wharf Primary School
    0.5 mi
    Good

3 of 12 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

Comparables

View All
  • 4 Rainbow Quay
    -
    £375k
    -
  • 4 Rainbow Quay
    -
    £375k
    -
  • 3 Rainbow Quay
    -
    £525k
    -
  • 3 Rainbow Quay
    -
    £365k
    -