2-bedroom flat · SE17 1GB
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom, two bathroom apartment of 833 sq ft, arranged on the 1st floor of an impressive building, set in the heart of Elephant Park and within 0.2 miles of Elephant & Castle stations.
Features including wood flooring, recessed spot lighting, a private balcony, a well equipped open plan kitchen and two bedrooms/bathrooms.
Residents benefit from an array of facilities, including 24-hour Concierge, Residents’ Club Room, communal podium gardens and secure cycle storage.
The development is located at the heart of Elephant Park and has an excellent selection of eateries and shops on its doorstep.
Elephant Park is located 0.2 mile (or around a 3min walk) from Elephant & Castle National Rail and Underground stations, providing services for commutes towards the City and West End.
The area is serviced by a plethora of transport links including Thameslink, Southeastern, Bakerloo and Northern Line serving the City, West End and beyond.
Tenure: Leasehold Lease: 240 years remaing Ground Rent: £500 Service Charge: £7000 pa approx sc Review: Annually Council: Southwark Tax Band: E
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
Agent & docs
FAQ
About Flat 106,, Weymouth Building, Elephant & Castle
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