1-bedroom flat · SE1 5UY
For saleListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a wonderful period mansion block, moments from Tower Bridge Road and trendy Bermondsey Street is this immaculate, one-bedroom, third floor flat.
Having been lovingly maintained by the current owner, this naturally bright 365 sq ft property is a real gem. Set back overlooking the internal courtyard, the setting is quiet and calm.
On entering, a small hallway leads to all rooms separately. The lounge enjoys a bright North-westerly aspect and is impressively sized at over 13ft.
A lovely room that boasts high ceilings, fitted storage and neatly divides into seating and dining areas.
The separate kitchen is stylish and well presented, at 8ft the room is again a great size and will appeal to those looking for a separation from the main reception.
The bedroom extends to just shy of 12ft and is a quiet space enjoying a South-easterly aspect. The bathroom is fully tiled, practical, and enjoys natural light.
Further benefits include GCH, secure entry and access to a communal roof terrace area that offers stunning 360-degree skyline views.
Waleran Flats itself is managed by Peabody Trust and having undergone an extensive works program in recent years is offered in immaculate condition, perfectly located to enjoy the delights of SE1.
The local area has a plethora of transport options and is in a fantastic location for bus routes with direct buses to the City, Waterloo, Westminster, the West End and King’s Cross.
If the tube is more of a preference, London Bridge, Borough, and the Elephant & Castle are all within a short walking distance.
Other benefits include the ever-popular Bermondsey Street with its bars, restaurants, boutiques and galleries and the coffee shops and cafes of lower Tower Bridge Road.
Bermondsey Square houses an excellent art house cinema while the foods markets of Maltby Street and Borough are nearby. Offered chain free.
Tenure Leasehold, Remaining Lease Length 104 Years, Service Charge £1293pa, Ground Rent £400pa, Council Tax Band B, Energy Performance Rating C
Value & comps
No previous sales on record.
Returns
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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 105, Waleran Flats,, Old Kent Road, London
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