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See how verdicts work2-bedroom flat · SE1 6EZ
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly remarkable two bedroom split level flat, with a private south-east facing roof terrace. Set in SE1, this location is excellent, with close proximity to London Bridge and Southbank.
EPC rating D Enter this beautiful first and second floor Grade II Listed, Victorian conversion flat from the raised ground floor.
The house has been split into two flats; both of which are available to buy separately or as a whole house.
Upon entry, the reception room on the left has lovely wooden flooring, a cast iron radiator, high ceilings and a large sash window with shutters overlooking the street.
The ornate fireplace with marble surround acts as a focal point for the room.
Both sides of the fireplace have fitted alcoves with shelving and there are bi-folding doors leading into the kitchen area.
The kitchen also has high ceilings with cornicing, wooden flooring and plenty of space for a large dining table and chairs.
The work surfaces are made from composite stone and you will also find all the latest appliances including an oven, gas hob, microwave, dishwasher, sink and plenty of space for a fridge and freezer.
There are views of the garden below via large sash windows. The bathroom is also on the raised ground floor and is situated at the rear of the flat.
Here there is a wet room, separate bath, extractor fan, heated towel rail and frosted sash windows. The hallway provides under stair storage, great for neatly tucking away various household goods.
Up a flight of stairs to the half landing, there is access to a south-east facing roof terrace, which is ideal for al-fresco dining or simply to enjoy a morning coffee.
The two bedrooms are located on the first floor.
Bedroom one has two large sash windows with shutters, wooden flooring, a fireplace with fitted alcoves to each side, built-in storage and plenty of space for a double bed.
Bedroom two has built-in shelving, space for a double bed and delightful views of the garden below. Here you also have plenty of room for storage.
Leasehold - a new 999 year lease service charge, ground rent, council tax Service Charge - £475 per annum (building insurance only) Ground Rent - Nil Council Tax Band - E Parking On street parking Utilities Electricity – mains connected Water – mains connected Heating – gas central heating Sewerage – mains connected Broadband – ultrafast broadband Location: The location offers superb transport links and a fantastic selection of local amenities in the surrounding area.
Colnbrook Street is between St Georges Road and London Road, which is just off Gladstone Street.
This location has always been popular, however now even more so, with the SE1 regeneration happening on its doorstep.
Directions: Elephant & Castle Stations (Zone 1/2) (National Rail, Northern & Bakerloo Line) is approximately 0.4 miles away.
Waterloo Stations (National Rail, Northern, Bakerloo, Waterloo & City & Jubilee Line) are approximately 0.6 miles away.
The area is also well served by a frequent bus service into Central London and beyond and a number of Santander Docking Stations can also be found close by.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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
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FAQ
About Maisonette Ground& First Floor Flat, 16, Colnbrook Street, London
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