2-bedroom flat · SE16 3FN
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedrooms | 2 Bathrooms + WC | Split level apartment | Concierge & Gym | Approx.
873 Sq Ft (81.1 sq ft) | EPC: B | Council Tax: Band D This spacious, thoughtfully designed, split level two-bedroom apartment can be found in the Bermondsey Works development.
With access to a communal roof terrace offering panoramic views, an on-site gym and concierge, this modern apartment is offered furnished and available immediately.
Beautifully presented, the first floor of the property offers a bright open plan living space with floor to ceiling windows, access to a private balcony and space for dining, kitchen with integrated appliances including a dishwasher, a large storage cupboard and a WC.
The second floor of the property has two very generous double bedrooms, one with ensuite bathroom, a family bathroom and a further exceptional storage cupboard in the hallway.
Residents benefit from a 24 hour concierge, communal roof gardens and a private residents' gymnasium.
Canary Wharf is just 4 minutes away via the Jubilee line, London Bridge and Tower Bridge are both under 20 minutes away.
To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Value & comps
No previous sales on record.
Returns
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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 Rotherhithe New Road London SE16
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