3-bedroom house · SE1 0BZ
Listing removedReduced £100k (−11.1%) on 21 JunListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional development opportunity comprising two adjoining units, available for purchase either individually or as a combined acquisition.
This rare offering presents the chance to create striking, bespoke warehouse-style homes tailored to individual vision.
Currently configured as two substantial office buildings, the properties are arranged over three floors, basement, ground, and first floor, providing generous internal spaces of approximately 1,793 sq ft and 1,552 sq ft respectively.
For those seeking a larger scheme, there is clear potential to combine both units into one impressive single dwelling, subject to the necessary planning consents.
This flexibility makes the opportunity equally attractive to developers, investors, or owner-occupiers looking to deliver a distinctive residential project.
The properties are held on a long leasehold with approximately 972 years remaining and benefit from a recently issued Commercial EPC rating of C.
Ideally positioned in a well-connected location, this is a rare chance to secure a versatile conversion project with significant upside. Further details and plans are available upon request.
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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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
FAQ
About 6(L2), Lagare, London
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