2-bedroom flat · SE16 2EJ
For saleListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash buyers only. Situated on the 6th floor of a popular purpose-built development is this extremely well presented, two-bedroom apartment.
Boasting a central location close to the river and elevated views across the picturesque Southwark Park this 689 Sq Ft apartment is hugely impressive.
The property itself has been lovingly kept and upgraded by the current owner and is offered chain free. On entering, a substantial hallway leads to the 14ft reception.
Enjoying a sunny aspect and those stunning views the room has genuine ‘wow’ factor. Neatly dividing into seating and dining areas the space spills out on to a full-length 11ft balcony.
A real sun trap and the perfect way to enjoy the view with a morning coffee and evening glass of wine.
The 14ft kitchen leads from the reception offering separation and will certainly appeal to those looking for a substantial space to cook. A lovely space with a modern feel.
Both bedrooms are fantastic doubles, bright, quiet, and calm. The master extending to 15ft and bedroom two equally impressive at just shy of 12ft.
Ideal for those looking to rent out a second room or a substantial home office. The bathroom is modern, practical and very much in keeping with the quality throughout.
Further benefits double glazing, GCH, lift access, secure entry, and residents parking.
Arica House itself is a development much loved by its residents and located centrally, moments from Bermondsey station and the green spaces of Southwark Park.
An ideal location for an easy commute and to enjoy all the delights that SE1 has to offer.
The bars, galleries and restaurants of Shad Thames, Bermondsey Street and Rotherhithe all a stones’ throw away.
Further local attractions of note include the food markets of Borough, Maltby Street and Spa Terminus. This stunning apartment will appeal to investors and first-time buyers alike.
Lease 89 years, Service Charge £3500 (including heating and hot water), Ground Rent £10pa.
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 Flat 53, Arica House,, Slippers Place, London
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