3-bedroom terraced house · SE5 7TB
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £825,000 - £850,000** Acorn are proud to present this charming Victorian terraced house on the sought after Rainbow Street by Burgess Park!
Offering well-proportioned accommodation, this property measures approximately 1,106 sq ft (102.7 sq m), with an additional 175 sq ft cellar and combines period character with generous and flexible living space.
This property features three well-proportioned bedrooms and two bathrooms providing ample space for family members or guests.
Bright and spacious living areas create a warm and welcoming atmosphere making this an incredible family home.
The ground floor consists of a welcoming front reception room, with a separate kitchen/dining room positioned towards the rear.
The kitchen/diner has direct access to the garden, creating a natural connection between the living space and outside area and ideal for hosting. The downstairs WC adds further convenience for guests.
The property also benefits from a cellar, providing valuable storage and further potential for use as a utility, workshop or hobby space, subject to any necessary consents.
Upstairs are three bedrooms and a family bathroom, including a particularly generous principal bedroom with a stunning bay window.
Rainbow Street is located on the Camberwell/Peckham Borders just minutes away from the popular Burgess Park which provides a fantastic cycle route to the City.
Other excellent transport options are Peckham Rye Overground station and Denmark Hill along with various bus routes closeby and an array of shops, bars and restaurants are also closeby.
Tenure - Freehold Southwark Council - Council Tax Band - E Energy Efficiency Rating - C
Value & comps
No previous sales on record.
Returns
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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 23, Rainbow Street, London
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