2-bedroom house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £550,000 to £575,000.
A beautifully presented two-bedroom house offering stylish, well-proportioned accommodation arranged over two floors, complemented by a private rear garden and exciting potential to extend into the loft to create an additional bedroom and bathroom, as many neighbouring properties have already done.
The ground floor offers a well-balanced layout, with a separate kitchen and a generous reception room providing distinct spaces for cooking, dining, relaxing and entertaining.
To the rear, the private south-facing garden offers an ideal setting for outdoor dining, socialising or simply enjoying the sunshine.
To the front, a small garden provides useful additional outdoor space, including room for bicycle storage.
Upstairs, two well-proportioned bedrooms provide comfortable and versatile accommodation, ideally suited to couples, young families or those requiring a dedicated home office.
Situated on a quiet residential road, the property is conveniently positioned for the vibrant amenities of Walworth Road and Elephant & Castle, where an excellent selection of independent cafés, restaurants, shops and everyday conveniences can be found.
The area also benefits from excellent transport connections, providing convenient access to the City, the West End and destinations across London.
This makes the property an appealing choice for commuters seeking excellent connectivity while retaining the feel of a residential neighbourhood.
Combining attractive interiors, a private south-facing garden and the potential to create additional accommodation, this is an excellent opportunity to acquire a well-located London home with scope to add further value and adapt the space to suit individual needs.
Tenure Freehold Local Authority Southwark Tax Band C Energy Efficiency Rating C
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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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 Phelp Street, London
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