3-bedroom flat · SE17 1GG
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 5th floor, 2452 sq ft penthouse occupies the entirety of the top floor of a small, residential building located just 0.5 miles from Kennington and Elephant & Castle tube station(s).
Offered to the market part-furnished, the property also benefits from a huge roof terrace, as well as two additional balconies.
The apartment features a vast open-plan kitchen and reception room measuring over 36 ft by 26 ft, creating a superb central living space with direct access to a large private terrace.
The kitchen area is well positioned for both everyday living and hosting, while the reception space comfortably accommodates dining and lounging zones.There are three well-proportioned double bedrooms, including a particularly large principal bedroom with an en-suite shower room.
A second bedroom also benefits from its own en-suite, while the third double bedroom is served by a separate family bathroom. All bedrooms enjoy excellent natural light and practical layouts.
One of the standout features of the property is its extensive outdoor space, comprising multiple terraces and balconies totaling approximately 834 sq ft, providing fantastic options for outdoor dining, relaxing, or container gardening, with access points from both the living space and bedrooms.
Residents enjoy secure bicycle storage, lift access, a CCTV system in operation and a residents only communal garden.
The apartment is ideally situated near a variety of local shops, cafes, and bars, making it easy to enjoy the neighbourhood's lively atmosphere.
There are excellent transport links nearby too, with regular bus routes and nearby Elephant & Castle (Zone 1) and Kennington (Zone 2) stations providing easy access to Central London and beyond, which are both just 0.5 miles away.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 Waleorde Road, Elephant & Castle
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