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See how verdicts work3-bedroom flat · SE1 8NA
Under offerListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a spacious three-bedroom unmodernised apartment just off The Cut in Waterloo.
With vibrant bars and eateries nearby, this flat is perfectly placed for someone who wants to be in the centre of the action.
EPC C This third-floor flat is currently arranged to provide an entrance hall, kitchen, three-bedrooms, bathroom, and reception with balcony.
Firstly, as you enter the flat there is the kitchen to the left. It is all in good working order but there is scope to put your own stamp on things.
To the other side of the hallway is the spacious main bedroom. This room has ample space to accommodate a king-size bed with additional storage available.
The second bedroom is also well sized with space for a king-sized bed and additional free-standing storage.
The third bedroom has enough space to accommodate a double bed or alternatively could be used as a study.
At the end of the hall is the large reception room which benefits from direct access to the balcony and is a particularly bright space thanks to large windows.
There is space for a large sofa, dining table and chairs, and coffee table.
The bathroom located off the central hallway is well finished in neutral white tiling and wooden flooring and includes bath with overhead shower, sink with ample storage below and W.C.
There is access provided to the central communal gardens that are well kept and maintained.
Leasehold - a new 150 year lease service charge, ground rent, council tax Service Charge - tbc Ground Rent - Nil Council Tax Band - C Parking Permit available through the Lambeth council Utilities Electricity – Mains Water – Mains Heating – Gas Sewerage – Mains Broadband – Superfast broadband Location: Tait House is located on Greet Street, just off The Cut in Waterloo.
Overground and underground trains provide fast and direct links into the city and the West End, making this the ideal location. Directions: Waterloo Station is approximately a 360m walk away.
Southwark Underground is approximately 200m away. The are is also well served by frequent bus services into the West End and The City.
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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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
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FAQ
About Flat 8, Tait House,, Greet Street, London
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