4-bedroom flat · SE16 3QG
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a four double bedroom ground floor flat with use of a front garden on the Neckinger Estate, only a few minutes’ walk from Bermondsey Jubilee Line Station and a short walk from Bermondsey Street and London Bridge.
The property is well-arranged with small central hallway of which all bedrooms, reception and bathroom are accessed.
There is a separate kitchen off the reception and windows in all spaces including the bathroom.
Neckinger Estate runs along Enid Street which makes part of the Beer Mile, Maltby Street Market, More London, the Shard and the riverfront area of Shad Thames are nearby and the City is also within easy walking distance.
This property is being sold with no onward chain, approximately 105-year lease remaining, ground rent is £10pa and service charges are approximately £1,200 per annum.
Parking is available on application.
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 148, Neckinger Estate, London
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