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For saleReduced 26 Oct 2026
£455,000Guide price

Plough Way, London, SE16 7AB

4bedrooms
4bathrooms
Apartmenttype
Leaseholdtenure

Listed 14 May 2026 · price reduced 26 Oct 2026 · Lewisham

How the price compares

This home£455,000
Median 4 bed in SE16£850k7 homes listed · £857 per sq ft
Difference-46%below the area median

Key features

  • Recently Refurbished Four Bedroom Duplex Apartment
  • Modern Kitchen with Built-In Appliances
  • Buyers Fees Apply
  • Auction Pack Available On Request
  • Auction Date: Tuesday 1st December 2026
  • Bedroom One with Juliette Balcony
  • 1300Sq.Ft. Of Accommodation
  • Prestigious Gated Development & Secure Underground Parking
  • Approx. 100 Year Lease Remaining
  • Close to Road, Rail Links & Local Amenities

About this home

** For sale by online auction ** Pre-auction offers considered **

Guide Price: £455,000

Selbon Estate Agents are delighted to offer to the market this four bedroom split-level apartment located on the second and third floor of this fantastic development situated in Surrey Quays. The property has been updated by the current owners internally and is offered for sale with no onward chain.

On entering the property you are welcomed into an entrance hallway with storage cupboard. The open plan kitchen/breakfast/dining room has been re-fitted and comes complete with eye and base level cupboard and drawer units under a Quartz work surface. Built-in appliances include: oven, hob and fridge/freezer. From the reception space is a Juliette balcony.

Further accommodation includes; lounge, bedroom one with Juliette balcony and en-suite. Bedroom two and three also with en-suites and a family shower room.

Situated within this secure gated development, the apartment benefits from a large range of local amenities. Surrey Quays Shopping Centre is within easy reach and offer a large range of high street retailers, ten pin bowling alley, bars & restaurants. Surrey Docks Water sports Centre also offers a gym along with a wide range of sporting activities including Indoor Cycling, Canoeing, Kayaking, Power boating and Sailing amongst others.

Iceland Wharf also offers excellent transport links and is a short distance from Surrey Quays tube station and Canada Water station, the Jubilee line leading from Stratford to Green Park, gives easy access to both Canary Wharf the City and the West End.

The property also comes with secure parking.

We are advised that the current service charge is £2600 per annum, the ground rent is £125 per annum and there are 100 years remaining on the lease.

Agent Note: - Purchaser Identification Check:

Should a purchaser(s) have an offer accepted on a property marketed by Selbon Estate Agents, they will be required to undertake an online identification check. This check is carried out to ensure compliance with our obligations under the Anti-Money Laundering Regulations and is a legal requirement. We use a specialist third-party service to securely verify your identity. The cost of the identification check is £25 + VAT (£30 Inclusive of VAT) per purchaser. This fee is payable once an offer has been accepted and prior to the issue of the Memorandum of Sale. Please note that this charge is non-refundable, however, should you purchase another property via Selbon, there won’t be a requirement to complete the process again.

Photography & Presentation:

As part of our commitment to presenting each property to the highest standard, selected images may have been digitally enhanced or refined using AI. These enhancements are intended to complement the visual presentation and may not represent the property exactly as it appears in person.

Auction Details: - Modern T's & C's

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property details

Property type
Apartment
Council tax band
E
Tenure
Leasehold
Lease remaining
100 years left
Ground rent
£125 per year (Ask agent about the review period)
Service charge
£2,600 per year
Parking
Yes

Floorplan

Floorplan

Location

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1 on this map

  • Surrey Quays Station0.4 mi
  • Canada Water Station0.6 mi
  • South Bermondsey Station0.7 mi

What nearby homes sold for

Median sold prices in SE16 over the last 12 months: flat £425k · terraced £770k · semi-detached £815k · detached £645k.

AddressTypeSoldPrice
Flat E, 153, Plough Way
London SE16 7FN
Flat
Leasehold
26 Aug 2026£277,500
159 Plough Way
London SE16 7FN
Terraced
Freehold
27 Mar 2026£875,000
122 Plough Way
London SE16 2LT
Flat
Leasehold
20 Feb 2026£360,000
169 Plough Way
London SE16 7FN
Terraced
Freehold
13 Jan 2026£700,000
Flat 3, Quinton Court, Plough Way
London SE16 7FA
Flat
Leasehold
12 Jan 2026£500,000
Flat 15, Quinton Court, Plough Way
London SE16 7FA
Flat
Leasehold
19 Dec 2025£405,000
7 Plough Way
London SE16 2LS
Other
Freehold
11 Dec 2025£600,000
Flat 17, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
19 Nov 2025£480,000
Flat 36, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
17 Nov 2025£515,000
Flat K, 151, Plough Way
London SE16 7FN
Flat
Leasehold
14 Nov 2025£325,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SE16

Buying costs

Monthly repayment£2,276£45,500 deposit · £409,500 loan
Stamp Duty£12,750England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Selbon property services, Hampshire on Rightmove (original listing). First listed 14 May 2026; details checked 7 Nov 2026. Latest change: reduced on 26/10/2026.

Agent disclaimer

Disclaimer - Property reference 34673542. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Selbon property services, Hampshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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