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See how verdicts work1-bedroom flat · SW2 1PG
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Time Buy Or Buy To Let | Second Floor | One Bedroom Apartment | 510 Sq Ft / 47.37 Sq M | Separate Kitchen | Double Bedroom With Built-In Storage | Lift Access | Secure Gated Development | Moments From Brockwell Park | Scope For Modernisation And Improvement | Available Vacant Or Tenanted | 7.1% Rental Yield A well-proportioned one bedroom apartment situated on the second floor of this purpose-built development on Effra Parade, offering approximately 510 sq.
ft of accommodation and an excellent opportunity for a purchaser looking to update a property to their own taste.
The accommodation is centred around a generous reception/dining room, providing plenty of space for separate living and dining areas and benefiting from good natural light.
There is a separate kitchen, a good-sized double bedroom with built-in storage, and a bathroom.
The apartment is presented in largely original condition and would benefit from updating, making it particularly well suited to a buyer looking for a home they can personalise or improve over time.
The development benefits from secure access and a lift, while its location is a major attraction.
Brockwell Park is close by, with both Brixton and Herne Hill within easy reach for their wide selection of shops, cafés, restaurants and transport connections.
Brixton provides access to the Victoria Line and National Rail services, while Herne Hill offers regular rail connections into central London.
A spacious one bedroom apartment in a well-connected South London location, offering strong proportions and genuine potential to add value through refurbishment.
The apartment is currently let to a long term tenant on an tenancy at some £19,200 per annum, delivering a yield of 7.1% and would make an ideal buy to let investment.
It is also available with vacant possession on completion subject to the correct notice.
FAQ Local Authority: Lambeth Council Tax Band: C Council Tax 26/27: £1,819.66 Tenure: Leasehold:104 years remain Service Charge: £1720.46 Ground Rent: TBC
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 39 Effra Parade, Brixton, SW2
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