3-bedroom flat · SE15 2NZ
Listing removedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This unique three-bedroom, top-floor, south-facing, split-level apartment, situated in sought-after Peckham, is within a gated development, available immediately.part furnished.
Converted from a Victorian school, this gated development enjoys a vibrant community feel and is only a 3-minute walk down a tree-lined cul-de-sac to Queens Road Overground Station.
The current owners have significantly improved the layout of this home, increasing ceiling heights, floor area, and redesigning and extending the original two mezzanine bedroom layout into three unique spaces.
The apartment also comes with two allocated parking spaces.
On entering the spacious entrance hall, you immediately appreciate the double-height ceilings, exposed brickwork, industrial steelwork, and original restored wooden floors.
Three doors lead away to the lounge, to a flexible space, where the third bedroom resides, and to a bathroom, complete with bath and integrated shower.
A staircase also leads up to two additional bedrooms.
Moving into the lounge, one is greeted by an abundance of natural light from the two oversized hardwood double-glazed sash windows, which also provide a view out over the rear gardens of York Grove, creating an almost park-like experience.
Moving through the bright, double-height dining area takes you into the kitchen, which, due to increased ceiling height, has a bright feel.
Leading off the hall is a room/suite, which can provide flexible accommodation; it has double-height ceilings, two large double-glazed hardwood sash windows, and a separate staircase leading up to a mezzanine with ample storage space.
The upper floor accommodates two bedrooms offering very different experiences. The first is a two-tier arrangement with twin staircases leading to either side of a bed platform.
The other provides another unique space, with exceptionally high ceilings, a large bay window, looking down across the dining area and out to the gardens beyond, as well as a large roof window.
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
We're still gathering serviced-accommodation data for this area.
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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 35 Assembly Apartments, York Grove, London
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