2-bedroom flat · SE1 3HS
For saleReduced £55k (−10%) on 9 OctListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top floor (third floor) two double bedroom apartment with secure allocated parking in this very sought-after development just off Bermondsey Street and very close to London Bridge, the Shard, More London, Borough Market and within easy walking distance of the River Thames and the City.
Leathermarket Court is a gated, low-rise development with large and picturesque communal gardens, situated opposite the beautiful Leathermarket Gardens.
The property has a separate kitchen/diner, spacious living room with double doors onto a Juliette balcony, two good sized bedrooms and a family bathroom and storage cupboard off the hallway and access to loft storage.
This development is situated in the heart of one of London’s most sought-after locations with a great blend of residential development, workspaces, fantastic places to eat and dine, outdoor public areas and markets in and around Bermondsey Street creating a village like atmosphere.
Furthermore, within easy reach are many of London's most iconic landmarks such as Borough Market, Tower Bridge, Tower of London and many others along the River Thames.
The property is being sold with no onward chain, the remaining lease length is approximately 94 years, the service charge is approximately £3,385 per annum and the ground rent is £135 per annum.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 74, Leathermarket Court, London
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