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See how verdicts work1-bedroom flat · SE17 1FJ
For saleReduced £15k (−3.2%) on 15 SepListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious one-bedroom, double-aspect apartment set within Arum House, part of the highly sought-after South Gardens development at Elephant Park.
Extending to over 600 sq ft, the property offers beautifully proportioned accommodation, with a generous open-plan kitchen and reception room enjoying preferred south-westerly aspects.
The apartment features wood flooring, floor-to-ceiling glazing and high ceilings, creating a light and contemporary living environment.
The reception space opens onto a good-sized private balcony, while the spacious principal bedroom benefits from excellent built-in storage.
A stylish modern bathroom with high-quality fixtures and fittings completes this impressive home.
Residents will also have access to a 24-hour concierge service, secure cycle storage, communal garden, café, crèche, residents’ projector room and a rooftop space for relaxing, gymnasium at South Gardens.
There are a plethora of amenities located nearby, including restaurants, cafés, Elephant and Castle Shopping Centre.
The development is located a short walk from Elephant & Castle National Rail and Underground stations, providing Underground and Rail services for commutes towards the City and West End.
The property is serviced by Thameslink, Southeastern, Bakerloo and Northern Line, opening up a plethora of transport links via Northern Line. Liverpool Street is just a 12min commute away.
Tenure - Leasehold Length of lease (years remaining) 250 years starting 18/12/2015 239 remaining Annual ground rent amount (£) £300 per year Ground rent review period (year/month) Annual service charge amount (£) £5428 per year Service charge review period (year/month) yearly Council tax band - Southwark – Band D
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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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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 505, Arum House, Elephant Park, Elephant And Castle
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