1-bedroom flat · SW9 0DX
Listing removedListed 404 days
Opportunity summary
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About
A beautifully presented one bedroom flat with balcony, on the first floor of this charming purpose-built building, in the heart of Oval on South Island Place.
Kennington Park is found very close by as are an array of bars, restaurants and coffee shops.
EPC rating C Enter the flat on the first floor of this delightful purpose-built building, and the flat is arranged to provide kitchen, reception, bedroom, bathroom and private balcony.
The integrated kitchen, connected to the reception, has been very well finished and features a large fridge/freezer, integrated electric fan-powered oven with induction hob and extraction, washing machine and sink.
There is ample storage space found both above and below the kitchen units.
Adjoined is the spacious reception which has plenty of space to accommodate a dining table and chairs, large sofa, coffee table and television.
The balcony, accessed from the reception offers a very pleasant view over the shared garden to the rear.
The bedroom, located at the rear of the flat which overlooks the shared garden, is both spacious and bright and provides more than enough space to accommodate a king-size bed with additional space reserved for free-standing furniture.
There is also built in storage along the nearest wall.
The family bathroom has been finished beautifully with a large walk in rainfall shower, sink with mirror and large vanity below, heated towel rail and W.C.
All windows throughout the flat have been replaced recently and the flat is offered in turnkey condition.
SERVICE CHARGE, GROUND RENT, COUNCIL TAX Service Charge - £1,200 per annum Ground Rent - Nil Council Tax Band - C PARKING Resident on street permit parking available.
UTILITIES Electricity – mains connected Water – mains connected Heating – gas central heating Sewerage – mains connected Broadband – Ultrafast broadband Location: South Island Place is located within easy reach of the local amenities of Oval, Brixton Road and Clapham Road and Kennington Park is only a short walk away.
Directions: Oval Underground Station (Northern Line) is approximately 0.3 miles away. Stockwell Underground Station (Northern & Victoria Line) is approximately 0.6 miles away.
The local area is well-served with bus routes into Central London and beyond. There is also a Santander Cycle Docking Station close by.
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
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FAQ
About South Island Place, London, SW9
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