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See how verdicts work2-bedroom flat · SE1 4HG
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented two double bedroom, two bathroom, penthouse apartment, forming part of a stunning converted School House in central SE1.
This stylish apartment oozes period charm and offers a lovely balance between original detail and modern fixtures and fittings, perfect for those looking for a uniquely styled home.
The large 17ft open plan lounge is simply stunning.
The double height ceiling creates a lovely ambience, further enhanced by the abundance of natural light drawn from floor to ceiling windows and immaculate parquet flooring.
A lovely addition to the space are the French doors that lead directly out to a south facing terrace. Sitting neatly in a corner and dividing the space perfectly is modern fitted kitchen.
Finished in white gloss and with a semi open plan feel, it complements the space and offers a convenient breakfast bar.
With ample space to relax, eat and entertain this huge room also provides the possibility of extending the living space further with the addition of a mezzanine level, subject to planning consent.
Both bedrooms are quiet, generous doubles and again wonderfully unique spaces. The master is a great size at over 12ft with the benefit of a large en-suite.
Bedroom two offers some lovely detail with parquet flooring, brickwork and access up to a large mezzanine level that extends to just shy of 15ft.
A great space that lends itself to be used as an office/gallery or just a snug to watch the world go by.
The master bathroom is generous, well-presented and very much in keeping with the quality throughout.
Further benefits include, a healthy lease, secure entry, lift access, secure parking, extensive communal grounds and a long standing on-site caretaker.
The School House boasts an interesting past, closely connected to Bermondsey and its community, charmingly represented in the many old school photographs that adorn the communal entrance and hallways.
This imposing gated development is extremely well managed and maintained with a real sense of community and care.
Transport links are plentiful with London Bridge (Jubilee, Northern line and National Rail) and Borough (Northern line) stations just a short walk away, offering easy and direct access to the City, West End and Canary Wharf.
A few moments’ walk from the property you will also find vibrant Bermondsey Street with its wealth of restaurants, bars and boutiques.
Other attractions that are on your doorstep are the popular food markets at Borough, Maltby Street and Spa Terminus, the Bermondsey beer mile, the rebound White Cube gallery and of course the delights of the South Bank and Shad Thames.
A rare opportunity to acquire a penthouse apartment in one of SE1’s most sought after developments.
Leasehold Lease Length: 999 years from 29th September 1994 - 966 Years Remaining Ground Rent: £100pa Service Charge: £3,394 pa Southwark Council - Tax Band: D Energy Efficiency Rating: E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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.
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