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See how verdicts work1-bedroom flat · SE17 2FS
For saleReduced £25k (−7.1%) on 26 SepListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary one bedroom apartment with almost 600sqft of internal floorspace, larger than average balcony and access to communal gardens located on the cusp of the bustling E&C development Briefly comprising of a modern three-piece bathroom, generous storage found off the entrance hall, generous bedroom which could accommodate space for a home office and dual-aspect kitchen/living/dining space which leads directly to a large balcony.
Severin Court is approximately 0.6 miles from the new and exciting Elephant Park development, offering a variety of modern eateries.
Elephant Park, Springs and Nursey Row Park offer a range of green spaces for those looking for sporting facilities, adventure playground or café.
The nearest transport links include the Northern and Bakerloo lines at Elephant & Castle and Kennington. South Bermondsey offers Southern Rail services.
The property is also a short walk to Burgess Park which contains a parkrun Under 20 minutes’ walk to Bermondsey Street and it's multitude of bars, cafes and restaurants and under a 15 minute cycle to London Bridge, Bank, Tate Modern, Waterloo and Westminster.
There are also multiple Santander Cycle docks within a 5 minute walk.
Leasehold Lease Length: 125 Years from 14th September 2016 Ground Rent: £250 pa Service Charge: £3,236 pa Southwark Council - Tax Band: C Energy Efficiency Rating: B
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 12, Severin Court,, East Street, London
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