2-bedroom flat · SE1 3DP
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented just shy of 1000 square foot two double bedroom, two bathroom, third and fourth floor apartment with a balcony, excellent views, and a secure allocated and covered parking space.
Florin Court benefits from daytime concierge and is situated on Tanner Street a short walk from Bermondsey Street, London Bridge, Tower Bridge, the Shard, Borough Market and within easy walking distance of the City and River Thames.
The property is bright and airy and has a large open plan living and kitchen area on the upper level with access to the balcony and on the lower level is the entrance, main bathroom, storage cupboards and two big double bedrooms one of which has an en-suite shower room and fitted wardrobes.
The area around Bermondsey Street is one of London’s most sought-after locations both for living and working and offers a fantastic variety of boutiques, bars and restaurants and many outdoor areas and the nearness to the river gives it a unique feel which many desire.
This property is being sold with no onward chain, approximately 972-year lease remaining, ground rent is £300 and service charges approximately £3,080.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Tanner Street, London, SE1
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