1-bedroom flat · SE1 9RE
For saleListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price** £600,000 - £625,000 Stylish one-bedroom apartment to rent in Neo Bankside.
It features an open-plan kitchen and reception area with floor-to-ceiling windows, Juliet balcony, Resident Gym and Concierge. Stylish one-bedroom apartment to rent in Neo Bankside.
It features an open-plan kitchen and reception area with floor-to-ceiling windows leading to a Juliet balcony.
The double bedroom includes fitted storage, and the contemporary bathroom has both a shower and bath.
Additional highlights include a large storage/utility room and wooden floors throughout the living space.
The apartment also benefits from underfloor heating and a cooling system, making it a highly desirable property.
The apartment further benefits from pleasant views of the tranquil internal gardens of Neo, 24 hrs Concierge and access to the Resident's gym as well as the Business Lounge.
Neo Bankside is situated in a prime central location next to Tate Modern and mere minutes from the South Bank, this property offers unparalleled convenience.
Nearby attractions include Borough Market, the Globe Theatre, Royal Festival Hall, and the London Eye. Public transport options abound Southwark, Blackfriars and London Bridge.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 605 Neo Bankside Block D, 5, Sumner Street, London
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