1-bedroom flat · SE5 9QW
Sold STCReduced £25k (−9.1%) on 21 JunListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £275,000 - £300,000! A bright one-bedroom purpose built flat with allocated parking close to Kings College Hospital and Ruskin Park!
Internally you are presented with a good-sized reception room with large windows and plenty of space for relaxing and for a dining table and chairs and is finished with a feature wall and carpets.
The kitchen is off the reception room and has a good range of wood effect wall and base units, contrasting work tops, a built-in oven and hob and neutral floor tiles.
The bedroom has ample space for a double bed and for additional furniture and carpets.
There is a modern bathroom with a three-piece suite, complete with a shower over the bath, a WC and a sink with storage underneath, finished with white localised wall tiling and contrasting floor tiling.
The property further benefits from plentiful hallway storage in the flat and an external cupboard on the 1st floor for bulky items and an allocated parking space.
The property is 0.5 miles from Denmark Hill Station for fast trains to Victoria, the Thameslink line and the Overground between Clapham Junction and Highbury and Islington (via Canada Water and Shoreditch).
Loughborough Junction station is 0.4 miles away offering Thameslink services into King's Cross/St Pancras. Kings College Hospital is only a 0.2 mile walk away.
Camberwell is a major bus hub with routes all over the city. There are several great parks in the area, including the award winning Ruskin Park (0.4 miles away).
Camberwell, famous for its art scene, is home to an ever-growing number of independent restaurants, cafes and bars.
Brixton is a couple of stops on the bus and needs little introduction as one of London’s top foodie havens with amazing music venues and boutique shops.
Tenure: Leasehold Council Tax band: A Authority: London Borough of Southwark Lease length: 177 years remaining Ground rent: £10 per annum Review period: Not subject to increase Service charge: £2,688.36 per annum Construction: Standard construction Property type: Flat Number of floors in building: 7 Entrance on floor: 2 Has lift: Yes Over commercial premises: No Parking: Allocated parking space Electricity: Mains electricity Water and drainage: Connected to mains water supply Mains surface water drainage: Yes Sewerage: Connected to mains sewerage Heating: Non-standard central heating through ceiling Building safety issues: None Lease restrictions: Unless otherwise mentioned the title includes any legal easements granted by the registered lease(s) but is subject to any rights that it reserves, so far as those easements and rights exist and benefit or affect the registered land.
Public right of way through and/or across your house, buildings or land: No Flood risk: Low History of flooding: No Planning and development: None Listing and conservation: None Accessibility: Ramped access, lifts Mining: No coal mining risk identified Should you wish to proceed with an offer on this property, we are obligated by hmrc to conduct mandatory Anti-Money Laundering (aml) checks.
We outsource these checks to our compliance partners at Coadjute, who charge a fee of £30 + VAT per person for this service.
This cost is payable by the buyer and applies to each individual buyer, as well as to any person gifting funds towards the purchase.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 30, Mirlees Court, 50 Coldharbour Lane, London
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