1-bedroom flat · SE17 1GB
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern one bedroom apartment with a private balcony set in Elephant Park, the new residential development in SE17.
The spacious and light accommodation comprises a bright, dual aspect open plan kitchen/ living area opening onto the balcony, an ample bedroom also with doors to the balcony, and a family bathroom.
The apartment features full-height glazing, underfloor heating, ample wardrobe space, a modern fully integrated kitchen, wood floors and smart bathroom fittings.
The development offers 24-hour concierge services, access to residents' lounge, communal gardens and a roof terrace.
Located close to Elephant and Castle National Rail and Underground stations, the development is superbly positioned for Underground and Rail services to the City and West End.
The area is serviced by Thameslink, Southeastern, Bakerloo and Northern Line.
Deposit: Equivalent to 5 weeks’ rent Council: Southwark, Band D Client Money Protection (CMP) provided by: Propertymark The Property Ombudsman Scheme, Membership No: T02100
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Weymouth Building, Elephant Park, 2 Deacon Street, Elephant & Castle, London, SE17
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