2-bedroom flat · SE1 5WS
For saleReduced £30k (−4%) on 9 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury two bedroom, two bathroom apartment within the stunning development London Square, a short distance from Bermondsey Underground station.
The spacious interior living is open plan with access to a large balcony, wooden flooring, underfloor heating, recessed lighting, top of the range stylish Siemens kitchen appliances, two double bedrooms with fitted storage, master with en suite and second modern bathroom with smart fittings.
Residents benefit from state-of-the-art gymnasium, daytime Concierge and landscaped communal gardens.
Bermondsey Underground is just a short walk away and is serviced by the Jubilee Line, along which commutes to Canary Wharf.
With Waterloo, Westminster and Green Park all on the same line providing access to Piccadilly, Victoria, Circle, District, Bakerloo, Northern and Waterloo & City lines, makes this property an ideal hub for almost any destination.
The Elizabeth Line services operates from Canary Wharf and drastically reduces travel times across the capital.
Tenure - Leasehold Length of lease (years remaining) 999 years from 01/01/2017 990 remaining Annual ground rent amount (£) £450 per year Ground rent review period (year/month) tbc Annual service charge amount (£) £5,500 per year Service charge review period (year/month) yearly Council - Southwark Band C
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 Flat 52, 1, The Tannery, Bermondsey
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