2-bedroom flat · SE1 2JJ
For saleReduced £50k (−7.1%) on 10 OctListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A large two-bedroom, two-bathroom apartment in The Circle, featuring a private west-facing balcony, a long lease, and no onward chain.
The property offers excellent natural light and generous room sizes, with clear scope to tailor the interior. The spacious living room has direct access to a private balcony.
There is a separate kitchen with window and integrated appliances. Both bedrooms are comfortable doubles; the principal bedroom includes a walk-in wardrobe and an en-suite bathroom.
The apartment also benefits from extensive storage, a 24-hour concierge service and secure underground parking.
The Circle remains one of Shad Thames’ most desirable purpose built developments, set on Queen Elizabeth Street in the heart of this vibrant riverside neighbourhood.
Residents have immediate access to the area’s renowned bars, restaurants and waterfront walkways, with London Bridge station (Northern and Jubilee lines) close by for fast, convenient travel across the capital.
- Lease: 999 years from 29 September 2012 - Service charge: Circa £5,922.72 per annum - Service charge (car park): Circa £1,334.48 per annum - Ground rent: £600 per annum - Ground rent (car park): £100 per annum - Council tax: Band F
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
Agent & docs
FAQ
About Flat 119,, The Circle, London
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