1-bedroom flat · SE1 7XT
For saleListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and spacious one-bedroom apartment now available in London through Shared Ownership.
The property features an entrance hallway, an open-plan living room and kitchen, one bedroom, and one bathroom. The flat offers residents an allocated parking space.
Available for £195,000 for 50% share based on the marketing figure of £390,000.
Monthly rent - £804.21 Monthly Service Charge - £229.86 Total Monthly Charge - £1,034.07 plus mortgage required for 50% share.
An annual rent increase takes place every April Location The property is located in a prime position in the heart of Waterloo.
Residents benefit from immediate access to Lambeth North Underground Station (1-minute walk) and Waterloo Station (9-minute walk), offering fast connections to Central London - Oxford Circus in under 10 minutes via the Bakerloo Line, Leicester Square in 4 minutes via the Northern Line, and Canary Wharf in 9 minutes via the Jubilee Line.
The area is rich in cultural landmarks, including the London Eye, Southbank Centre, and imax cinema, all within walking distance. The local neighbourhood offers a vibrant mix of amenities.
Lower Marsh Market, just a few minutes away, features boutique shops, cafés, and independent retailers.
Nearby local supermarkets are reachable within a 5–10 minute walk, while local gyms are also close by. St Thomas’ Hospital is less than 10 minutes away, providing excellent healthcare access.
Residents can enjoy green spaces like Jubilee Gardens and Archbishop’s Park, both reachable in under 10 minutes on foot.
EPC rating Energy rating band - C Environmental rating band - D Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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.
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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 102 Westminster Bridge Road, Lambeth
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