1-bedroom flat · SE1 6SX
For saleListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish one-bedroom apartment ideally positioned in the heart of Elephant & Castle, London SE1.
Set within the well-maintained Draper House, this well-connected home offers the perfect combination of vibrant city living, convenience and the comfort of an established residential setting.
The apartment features a bright and welcoming reception space, a well-designed kitchen, a generously sized bedroom and a modern bathroom, providing a practical and comfortable layout for contemporary living.
Large windows allow natural light to flow throughout the property, while the neutral interiors offer an excellent opportunity for personalisation.
Ideally positioned moments from the iconic Elephant & Castle, this exceptional home offers the perfect blend of connectivity, culture and contemporary city living.
With both Northern and Bakerloo line services nearby, residents benefit from fast and convenient access to the City, West End and beyond.
The surrounding neighbourhood offers an exciting array of independent shops, artisan cafés, restaurants and local amenities, with the renowned Mercato Metropolitano providing a vibrant destination for international cuisine, events and social gatherings.
The cultural highlights of South Bank, including world-class theatres, galleries and riverside walks, are also within easy reach.
Combining excellent transport links, an established community atmosphere and an exciting programme of regeneration, Elephant & Castle continues to thrive as one of London's most desirable and dynamic neighbourhoods, with an exceptional lifestyle on offer.
Tenure - Leasehold Length of lease (years remaining) 115 remaining Annual ground rent amount (£) £10 per year Ground rent review period (year/month) tbc Annual service charge amount (£) £2878 per year Service charge review period (year/month) yearly Council tax band A - Southwark
Value & comps
No previous sales on record.
Returns
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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 37,, Draper House, London
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