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See how verdicts work3-bedroom flat · SE11 4RP
For saleReduced £25k (−5.3%) on 21 JunListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large three-bedroom, split-level, purpose-built flat in the heart of SE11, offering approximately 950 sq. Ft (88.26 sq. M) of well-balanced living space.
The property is in need of a little modernisation but is smartly arranged over the first and second floors, offering a layout that closely resembles that of a house.
The first floor comprises a generous reception room, ideal for both relaxing and entertaining, along with a well-proportioned separate kitchen and a welcoming entrance hallway.
Upstairs, the top floor comprises three bedrooms, including a spacious principal bedroom, a second comfortable double, and a third bedroom ideal as a guest room, nursery, or home office.
A family bathroom, separate WC, and central landing complete the upper level, enhancing practicality for modern living.
Quietly positioned just moments from Kennington Cross, the property enjoys excellent access to a vibrant selection of local cafés, pubs, and restaurants.
Superb transport links are within easy reach, including Kennington Underground Station (Northern Line) and Vauxhall Station (Victoria Line, Overground & National Rail), providing swift connections into the City and the West End.
Offered to the market with no onward chain, this is a rare opportunity to acquire a spacious and versatile home with significant scope to personalise in a highly desirable central London location.
Tenure Leasehold Lease Length 125 years from 21 September 1987 86 Years Remaining Service Charge £2,250PA Ground Rent £10 pa Local Authority Lambeth Council Tax Band - C Energy Efficiency Rating: D
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 23, Falstaff Court,, Opal Street, London
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