3-bedroom flat · SE1 4DD
For saleReduced £45k (−9.1%) on 1 OctListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, triple aspect, three double bedroom first floor flat in the low-rise block on Wilds Rent’s.
The property is close to Bermondsey Street, a short walk from London Bridge, Tower Bridge, the River Thames, Borough Market, More London and within easy walking distance of the City.
The property benefits from wooden flooring in the living areas, separate fully fitted kitchen, three double bedrooms, good size reception and white-tiled bathroom.
Elim Estate is situated close to the heart of what is now called Bermondsey Village with top quality restaurants such as José, Casse-Croûte, Cafe Murano and Fleurie just to name a few.
There are great coffee shops, bars and pubs all very close to London’s most recognisable landmarks, such as the Shard, Tower Bridge, The Tower of London and many more.
This lovely flat is being sold with no onward chain, approximately 87-year lease remaining, ground rent is £10pa and service charges are approximately £2,800pa.
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 115, Elim Estate, London
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