We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · SE1 7RU
For saleReduced £40k (−4%) on 8 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenanted investment A rare opportunity to acquire a beautifully presented, newly renovated, freehold detached house situated within the exclusive Cottesloe Mews , a secure gated development in the heart of SE1 Built in 1994 , this impressive two-storey home offers generous living accommodation, private parking, an integral garage with development potential (subject to the necessary planning permissions), and is currently let, producing £3,500 pcm , making it an ideal investment opportunity.
The property comprises a spacious reception room, a well-appointed kitchen, a ground floor W.C., and an integral garage.
The first floor offers three generous double bedrooms, including a principal bedroom with an en-suite shower room, together with a modern family bathroom.
The house is accessed via a private paved front terrace, with the integral garage positioned immediately to the left of the entrance.
Currently used for storage, the garage offers excellent scope for conversion into additional living space or a home office, as seen in other properties within the development, subject to the necessary planning permissions.
The property also benefits from additional secure off-street parking within the gated mews.
Location Cottesloe Mews is quietly positioned between Pearman Street and Morley Street , just moments from Lambeth North Underground Station and within a short walk of Waterloo Station Residents enjoy immediate access to an excellent selection of bars, restaurants, cafés and local markets, while some of London's most iconic landmarks, including the London Eye , Old Vic Theatre , and Imperial War Museum , are all within easy walking distance.
Transport Lambeth North Station (Bakerloo Line, Zone 1) – approximately 0.1 miles (2–3 minute walk) Waterloo Station (National Rail, Bakerloo, Jubilee, Northern & Waterloo & City Lines) – approximately 0.4 miles (6 minute walk) Additional Information Tenure: Freehold Current Rental Income: £3,500 pcm Service Charge: Approximately £870 per annum (excluding reserve fund contributions) Ground Rent: N/A Council Tax Band: G EPC Rating: D This exceptional freehold home combines strong investment credentials with future owner-occupier potential, all within one of Central London's most sought-after gated developments.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 3a Cottesloe Mews, Waterloo, London
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