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See how verdicts work1-bedroom flat · SE1 6QP
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented one double bedroom second floor flat (there is a lift) with a lovely aspect overlooking the communal gardens close to Elephant and Castle and a short walk from Borough and London Bridge.
The property has wooden flooring, spacious reception room, high gloss contemporary separate kitchen with integrated appliances, separate WC and a white bathroom, both with windows, and a good size double bedroom with fitted wardrobes and storage cupboards.
The location is exceptionally convenient for transport whether it be, bus, tube or train and all amenities are within very easy reach.
This part of London has and is undergoing exciting changes and ideal location for young professionals, students or anyone that needs easy access to the City or Central London.
Many of London's major attractions and landmarks are within easy walking distance such the world-renowned Borough Market, the River Thames, Bankside, Tower Bridge and many more.
This property is being sold with no onward chain and parking is available by application.
Lease is approximately 102-years remaining, ground rent is £10pa and service charges are approximately £1,874pa.
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 Flat 40, Martin House,, Falmouth Road, London
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