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See how verdicts work3-bedroom flat · SE1 3HS
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and bright triple aspect three double bedroom two-bathroom top floor apartment with secure parking in the sought after Leathermarket Court development situated between Bermondsey Street and Weston Street a very short walk from London Bridge station, Borough Market, Bankside and More London.
A gated development with beautiful communal gardens. This excellent corner unit overlooks the communal gardens on both sides and the beautiful Leather Exchange building.
It has wooden flooring throughout and comprises three double bedrooms, main bedroom with an en-suite shower room, family bathroom, a spacious reception and a kitchen diner.
This very popular development is situated opposite the picturesque Leathermarket Gardens and only a few meters away from Bermondsey Street which offers, just to name a few; Jose's Tapas bar and Pizarro restaurant, Angela Hartnett's Café Murano, Casse-Croute, Baccala and a host of others.
The area is known for its eclectic mix of boutiques, gastro pubs and bars, and the home of the renowned White Cube Art Gallery.
The world-renowned Borough Market is also within a short walk and so is the City.
This property is being sold with no onward chain, approximately 93 year-lease remaining, ground rent is £160pa and service charges are approximately £4,000pa.
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
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FAQ
About 51, Leathermarket Court, London
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