1-bedroom flat · SE1 3JB
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Formerly the site of the Sarsons Vinegar Brewery, and now a secure gated development with on-site concierge, the property is quietly located behind gated entrances and accessed from either Tanner Street or Tower Bridge Road.
With many features of the original building, Maltings Place has a complimentary blend of historic and contemporary buildings, some dating back over 200 years.
The apartment is approached through the main building with a striking glass atrium.
On the second floor, the apartment blends contemporary finishes with original industrial features, including exposed brickwork, roof timbers and large factory-style windows.
The interior is presented in excellent condition with spacious living space and great natural light from a wide full length window facing west.
The stylish open plan kitchen is extensively fitted with a full range of excellent storage cupboards, appliances and ample work surfaces. The double bedroom also has an array of fitted wardrobes.
The adjacent shower room is superbly appointed.
Maltings Place is conveniently located in the former Sarson’s vinegar factory with entrances on either Tower Bridge Rd and Tanner Street opposite the tennis courts of Tanner Street park.
The apartment is within a 10 minute walk to Maltby Street food market and Spa Terminus market with coffee shops, street food, butchers, florist, bakery and vegetable market.
The is a convenience store on Tower Bridge Road, and the property is adjacent to the vibrant Bermondsey Street now locally known as Bermondsey Village, now synonymous with an ever growing international food scene with an excellent array of restaurants including Jose's Tapas bar and Pizarro restaurant, Angela Hartnett's Café Murano, Casse-Croute, Baccala and a host of others to suit every taste.
The street is known for its eclectic mix of boutiques, gastro pubs and bars, and also the home of the renowned White Cube Art Gallery. Nearby Bermondsey Square has the weekly antiques market.
The City is accessible by walking over Tower Bridge. ( Approx. 500 metres) London Bridge station ( Approx.
10 minute Walk) provides Northern and Jubilee Underground lines, plus London overground trains.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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.
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.
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.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 28a Maltings Place Tower Bridge Road, London
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