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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. London properties
    3. 2 bed flat for sale in New Tannery Way, Bermondsey SE1
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.

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    1 / 5

    The Crosse, 2 New Tannery Way, Bermondsey, SE1 5ZW

    2-bedroom flat · SE1 5ZW

    854 sq ftEPC B2 baths
    Asking
    £750,000

    Sold STC · Listed today

    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    Enjoy breathtaking City skyline views from this stylish and expansive top-floor apartment. Spanning 854 sq ft, this two-bedroom, two-bathroom haven resides in a dynamic new community.

    Imagine entertaining in the vast open-plan living space, complete with a sleek, fully equipped SieMatic kitchen, a distinct dining area, sophisticated wooden flooring, and the comfort of underfloor heating throughout.

    Step onto your private balcony and soak in iconic London landmarks while looking down upon the landscaped communal gardens.

    Both generously sized double bedrooms feature substantial built-in wardrobes, and the bathrooms exude quality with their high-specification finishes.

    As a resident, you'll benefit from a gym, round-the-clock concierge service, and inviting communal areas.

    Conveniently located within strolling distance of the lively Bermondsey Street and offering superb transport connections.

    Leasehold: 991 years remaining | Service charge: £5,250 per annum | Ground rent: £225 per annum

    Key information

    Price per sq ft
    £878/sq ft
    Based on 854 sq ft (79 sq m)
    Floor area
    854 sq ft (79 sq m)
    Council tax band
    Band E
    Estimated ~£2,200/year
    EPC rating
    B
    current
    Tenure
    Leasehold
    Property age
    2021
    Local authority
    Southwark
    London Borough
    County
    Greater London Authority
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    Short-let restrictions apply

    • Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
    • England: a national short-term let register is being introduced; register the property before letting.

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market0 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market0
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingB
    Listing timeline
    Still activeDay 0 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4Not verified - check with the council

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    SE1 · Live market data · flat only
    SE1 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Wigmore Jones, London logo
    Wigmore Jones, London
    listed on rightmove
    02038738298
    Foundry Building 2 Smiths Square 77 Fulham Palace Road London W6 8AF
    View on rightmove

    View more properties from this agentIs this your home? Ask us to remove this listing
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About The Crosse, 2 New Tannery Way, Bermondsey

    How much is The Crosse, 2 New Tannery Way, Bermondsey?
    The asking price is £750,000.
    What kind of property is The Crosse, 2 New Tannery Way, Bermondsey?
    A 2-bedroom flat in SE1 5ZW.

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