2-bedroom flat · SE16 3DG
For saleReduced £625 (−0.5%) on 6 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Register your interest today. About Varcoe Corner Coming soon!
A brand-new collection of one and two bedroom Shared Ownership apartments in South Bermondsey Designed for modern city living, Varcoe Corner gives you the best of both worlds - a vibrant local community with quick and easy connections into central London.
Benefits of living at Varcoe Corner Lower rents at 1.75% for 1 beds and 2.50% for 2 beds Private balcony or terrace and integrated appliances to each home Communal roof terrace with panoramic views of the London skyline Secure residents' cycle storage Wheelchair adaptable homes available Welcome to Varcoe Corner, a collection of thoughtfully designed apartments combining practical layout with contemporary finishes.
Stylish kitchens with integrated appliances and built-in-mirrored wardrobes to the main bedrooms creating a comfortable and functional home.
It's central location, elevated views across London and excellent transport links make it an ideal choice.
Beyond your front door, there is a convenience store next to the development to purchase daily essentials.
Stay active and push your limits on the court at nearby Padel Box Bermondsey or you can explore open green spaces at nearby Burgess Park. Shared Ownership What are the benefits?
Low deposit - you only pay from 5% of the share you are buying. Flexibility - you choose when you want to purchase extra share of your home.
Accessibility - Shared Ownership helps you get a mortgage even with a lower salary. Lower costs - Monthly costs can work our cheaper than renting privately.
To be eligible for Shared Ownership: Your household income must be no more than £90,000. You cannot own another property at the time of completing your purchase.
You must have an offer on your current property to be able to reserve a new home. You must be over 18 years of age and able to obtain a mortgage.
You can read our buying guides for more information or listen to our podcast for on the go learning! Register your interest to be kept up to date. *Images are for illustrative purposes only.
Local Area Information South Bermondsey is a lively neighbourhood, with its enviable Zone 2 location the development is perfectly placed to explore.
Bermondsey Street offers boutique shops and galleries, while Maltby Street Market is perfect for foodies.
Southwark Park provides green open spaces, and nearby creative hubs and cultural venues add to the area's charm.
South Bermondsey station is just a 7-minute walk away and only a 15-minute cycle to Elephant & Castle station, for when you want to venture into central London or further afield.
Transport at Varcoe Corner South Bermondsey Station is only a 7-minute walk away.
You can be at: London Bridge in 5 minutes Peckham Rye in 5 minutes Crystal Palace in 28 minutes Beckenham Junction in 33 minutes All times and distances are taken from Google Maps and should be taken as an estimate.
Disclaimer The information provided is general guidance for intending purchasers or leaseholders, and does not constitute in whole or in part an offer or a contract.
Whilst reasonable endeavours have been made to ensure that the information is correct, it is a guide and Southern Housing reserves the right to make any changes as necessary without notice.
Any intending purchaser or leaseholder should satisfy themselves by inspection and surveys, and their solicitor by searches and enquiries as to the correctness of each statement.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
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FAQ
About 69, Varcoe Rd, London
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