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See how verdicts work3-bedroom flat · SE1 3HS
Sold STCReduced £55k (−5.2%) on 24 MarListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This secure and gated development was built in 1997, and in 2015 the current owner extensively remodelled and refurbished the flat interior, creating a particularly spacious living/dining room which enjoys uninterrupted views across the open space of Leathermarket Gardens, with The Shard and the city skyline in the distance.
All the interior is in immaculate condition and the entrance leads to the main hall with large double cupboards serving as the laundry/utility room housing the washing machine and drier.
The huge living/ dining room is flooded with natural light and is ideal for entertaining with dining area. An island unit incorporates a breakfast bar together with ample storage.
A range of fitted units on the wall with window facing over the courtyard also further fitted cupboards providing extra storage and for food preparation.
The adjacent comprehensively fitted and fully equipped kitchen / dining area also overlooks the central courtyard and communal gardens at the rear. Both the bathrooms were also replaced in 2015.
The main bedroom is at the front of the apartment also enjoying views toward The Shard and the city skyline.
All three bedrooms face Leathermarket Gardens and each have fitted wardrobes providing excellent storage.
The communal gardens are carefully maintained and the apartment has an allocated parking space. Fibre optic broadband is now available in the development.
Leathermarket Court is on the south side of Leathermarket Gardens on the doorstep of the fashionable and vibrant Bermondsey Street, now locally known as Bermondsey Village, and synonymous with an ever growing international food scene.
It has an excellent array of restaurants including Jose's Tapas bar and Pizarro restaurant, Angela Hartnett's Café Murano, Casse-Croute, Baccala and a host of others to suit every taste.
The street is known for its eclectic mix of boutiques, gastro pubs and bars, and also the home of the renowned White Cube Art Gallery.
Nearby Bermondsey Square has the weekly antiques market and Arzner independent cinema. The City is accessible by walking over Tower Bridge.
London Bridge station provides Northern and Jubilee Underground lines, plus London overground trains.
EPC Rating: C Communal Garden The central courtyard includes superbly maintained communal gardens for the exclusive use of the residents Parking - Allocated parking The apartment has the benefit of an allocated parking space in the secure and gated courtyard.
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 Leathermarket Court, London, SE1
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