Studio flat · SE17 3DX
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This smart and spacious studio apartment is set on the first floor of a secure purpose-built development and benefits from access to a private balcony overlooking beautifully maintained leafy gardens.
Mature trees provide both privacy and a tranquil outlook, creating a peaceful retreat within the city.
Extending to almost 400 sq ft of internal living space, the property is notably larger than many studios within its class.
Thoughtfully arranged, it features a separate kitchen, generous living accommodation, and an abundance of natural light throughout, making it an ideal purchase for first-time buyers and investors alike.
Perfectly positioned within a vibrant and well-connected neighbourhood, the apartment enjoys excellent transport links with convenient access to multiple bus routes and Underground stations, offering effortless connectivity into Central London.
Residents also benefit from a superb selection of local amenities including independent cafés, shops, and green open spaces.
Offered to the market with no onward chain, this impressive property is expected to attract significant interest.
Lease - 125 years from 19th April 2004 (103 years remaining) Service Charge - £1,800 PA Ground Rent - £10 PA Southwark Council - Council tax Band - A Energy Efficiency Rating - C
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 Penrose Street, London
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