We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SE17 1FQ
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional 899 sq ft two-bedroom, two-bathroom apartment with a dual-aspect living area and sizable balcony in the award-winning Elephant Park, nearby Elephant & Castle station, SE17.
The spacious living area features open-plan kitchen with fully integrated high-end appliances, engineered wood flooring, and dual aspect with full-height windows, opening onto a private balcony, surrounded by green foliage, which provides abundant natural light and scenic views.
The design of the balcony shields it from wet weather and ensures protection from mould and structural issues.
Both bedrooms come with built-in wardrobe and the master enjoys an en suite with storage behind the mirror. The bigger second bedroom is also served by a family-size bathroom.
Additional storage room is available in the hallway.
Residents have access to a 24-hour concierge, gym, communal garden, café, crèche, residents’ lounge that can be reserved for party, and two roof terraces for urban gardening or relaxation.
Elephant Park is a stunning regeneration project offering quality housing, beautifully landscaped squares, and a variety of local shops, cafes, and restaurants.
This vibrant complex is close to landmarks like Tower Bridge, The Shard, and Tate Modern, positioning it as a cultural hub.
It is also nearby institutions include ual’s London College of Communication and London South Bank University.
Situated only 0.3 miles from Elephant & Castle station, which is served by Northern, Bakerloo lines and Thameslink, southeastern railway, the property offers superb connectivity to major London destinations, including the West End, the City, and Canary Wharf.
Tenure - Leasehold Length of lease (years remaining) - 250 years from 01.07.2017 - 241 remaining Annual ground rent amount - £375 per year Ground rent review period (year/month) - tbc Annual service charge amount - £10432.64 per year (bi annualy – £5,216.32) Service charge review period (year/month) - yearly Council tax band - Southwark E
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 206,, Siddal Apartments, Heygate Street
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