1-bedroom flat · SE1 3GW
For saleReduced £70k (−14%) on 21 JunListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate 567sqft one double bedroom, third floor apartment with a large south-facing balcony overlooking landscaped communal water gardens in this sought after, modern development on Grange Walk.
Offering 24-hour concierge, a short walk from Bermondsey Square and Bermondsey Street and within easy walking distance of London Bridge and the City.
The property is superbly finished throughout with under floor heating, a generous bedroom with fitted wardrobes and floor to ceiling windows and door on to the terrace, a smart bathroom with a bath and shower over, a spacious and open-plan living area also with floor to ceiling windows and access to the terrace.
A beautiful fully integrated contemporary kitchen with light high gloss wall and base units and solid work tops.
The location is second to none with all the bars, shops, boutiques and restaurants on Bermondsey Street, Borough Market, the River Thames, The Shard, the City and Bankside all within easy walking distance.
This property is being sold with no onward chain. Lease is approximately 238 years remaining, ground rent is £682 per year and the service charges are approximately £4,480 incl.
Building insurance per year. This property is EWS1 compliant.
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 72, Corio House, 12, The Grange, London
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