3-bedroom house · SE1 5PX
Sold STCReduced £40k (−4.8%) on 9 JulListed 146 days
Opportunity summary
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About
** Guide Price £825,000 - £850,000 ** A rare opportunity to acquire a substantial, three-bedroom, two-bathroom, mid terrace, Victorian house.
Set within the popular Thorburn Square conservation area and Immaculate throughout, this well-proportioned, 1028 Sq Ft, period property has been lovingly looked after and upgraded by the current owner and is offered in excellent condition throughout.
On entering you discover a generous hallway that offers considerable under stairs storage. Initially you discover the 12ft lounge.
A lovely room that is naturally bright and features exposed brickwork at its centre offset against freshly painted white walls.
Reception two makes a great formal dining space, features of note include French doors leading out to the garden, bespoke cabinetry, and feature fireplace.
With scope to open into one grand reception room the space will also appeal to those looking to restyle the living space. To the back you find the modern13 ft kitchen.
Again, a great space and a real hub for the home offering ample room to cook, eat and entertain. Greys and off whites are offset against solid wood flooring creating a stylish look.
Off the kitchen a small corridor provides further access to the garden and to a large and extremely convenient bathroom.
Bright, immaculate, and very much in keeping with the sense of quality throughout. Upstairs you find the bedrooms and the rarity of a 2nd bathroom.
All three bedrooms are fantastic doubles and immaculately presented. The master extends to over 15ft with bedroom two at 13ft and Bedroom three equally impressive at just shy of 11ft.
The bathroom is again beautifully presented and highly practical. Outside, the small garden to the front is complemented by a large garden to the back.
Currently a blank canvas both spaces will appeal to the green fingered.
It should also be noted that with extended houses selling in the area for up to £1.1 million there is also scope to further extend and add value.
Balaclava Road is a sort after tree lined Victorian street located off Southwark Park Road, the ideal location for those looking to enjoy the bars and restaurants of nearby Bermondsey Street and Borough.
Further delights include the food markets of Maltby Street and Spa terminus while transport links via Bermondsey and London Bridge Stations offer easy access to the West End, City and Canary Wharf.
Expansive green spaces on your doorstep include Southwark and Burgess Park. A wonderful home of real quality that really needs to be viewed to be fully appreciated. Offered chain free.
London Borough of Southwark - Council Tax Band D Energy Efficiency Rating - D
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 19, Balaclava Road, London
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