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See how verdicts work1-bedroom flat · SE16 4AE
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-free asking price £335,000 Set on the 1st floor of this purpose-built modern residential development in the heart of Bermondsey is this 496sqft one-bedroom apartment.
The property offers a very thoughtful layout with one double bedroom, a family bathroom, a spacious entrance hallway but most importantly an open-plan living room/ kitchen area offering 260sqft and leading to its own private balcony with views of the park opposite.
The property benefits from substantial well-kept Communal Gardens.
Chain-free asking price £335,000 Leasehold Set on the 1st floor of this purpose-built modern residential development in the heart of Bermondsey is this 496sqft one-bedroom apartment.
The property offers a very thoughtful layout with one double bedroom, a family bathroom, a spacious entrance hallway but most importantly an open-plan living room/ kitchen area offering 260sqft and leading to its own private balcony with views of the park opposite.
The development benefits from substantial well kept Communal Gardens. This a prime opportunity for a First-Time Buyer or a couple looking for a new home.
Shops restaurants and amenities Bermondsey is packed full of shops and restaurants. The shopping centre offers a 24 hour Tesco as well as wealth of other shops.
Jamaica Road provides numerous restaurants/eateries and is home to numerous pubs which are the hub of the community.
Canada Water also offers a unique selection of popular bars and restaurants as well as a Sainsbury’s.
Transport links Bermondsey Underground is on the Jubilee Line which gives access to Canada Water, Canary Wharf, Stratford and numerous inner-city locations such as London Bridge, Westminster and Green Park.
Canada Water and Surrey Quays are on the Windrush line offering access to Highbury & Islington, West Croydon, Crystal Palace and Clapham Junction.
There are also bus routes locally serving Greenwich, Old Kent Road and Central London.
Schools St James Church of England Primary School Strong collaboration between staff, parents, and carers to support pupil achievement, broad and balanced curriculum that develops knowledge and resilience, high expectations for all pupils, including those with special educational needs and/or disabilities (send), effective support for send pupils to access the curriculum and pupils demonstrate good behaviour, kindness, and respect towards each other.
The Charter School Bermondsey Pupils learn in a calm and well-ordered environment where they feel safe, teachers know their pupils well, leaders are ambitious for all pupils, including those with special educational needs and/or disabilities (send), curriculum content is carefully considered and taught by staff with strong subject knowledge and pupils have access to an extensive range of additional opportunities.
St Joseph’s Catholic Primary School Outstanding overall effectiveness, outstanding quality of education, outstanding behaviour and attitudes, outstanding personal development and outstanding leadership and management.
Southwark Park Primary School Overall effectiveness of the school is rated as Good, the quality of education is rated as Good, behaviour and attitudes of the students are rated as Good, personal development of the students is rated as Outstanding and leadership and management of the school is rated as Good.
Parks and green spaces Bermondsey Spa Gardens is a local community park located about a 10-minute walk from the station on Spa Road, featuring a 333m running track, outdoor gym equipment, a children's adventure playground at the Ellen Brown Centre, and an onsite cafe.
Southwark Park is immediately on the doorstep and is one of the largest parks in South London offering walks, trails, tennis courts and many other popular features.
Locally you also have Russia Dock Woodland which offers a large Woodland Area, Picnic Tables, a Playground and an Ecological Park.
Hunters estate agents Forest Hill have sold several houses and flats near Prospect House, SE16 over the last 10 years.
The stats from a sale include: •Offers received for 101.76% of the guide price •26 viewings •18 offers received (69.2% of offers were received compared to viewings!) Hunters also let and manage properties close to Prospect House, SE16 Please contact Hunters for and early viewing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 7 Prospect House, Frean Street, London
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