2 Bed Terraced House, Refurb/BRRR, London, SE1 8QD, £935,000

27 Ufford Street, London, SE1 8QD - 5 months ago

Sold STC

Refurb/BRRR

ROI: 1%

~73 m²

+10 photos

ValuationOvervalued

Sold Prices	£450K - £3.1M
Sold Prices/m²	£6K/m² - £19.4K/m²

Square Metres	~73.02 m²
Price/m²	£12.8K/m²
Value Estimate	£671,023£671,023

End Value (After Refurb)	£756,822£756,822

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£233,750£233,750
Stamp Duty & Legal Fees	£85,200£85,200
Refurb Costs	£38,595£38,595
Bridging Loan Interest	£24,544£24,544
Total Cash In	£383,838£383,838

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£756,822£756,822
Mortgage (After Refinance)	£567,616£567,616
Mortgage LTV	75%75%
Cash Left In	£383,838£383,838
Equity	£189,205£189,205
Rent Range	£1,998 - £5,500£1,998 - £5,500
Rent Estimate	£3,243
Running Costs/mo	£3,034£3,034
Cashflow/mo	£209£209
Cashflow/yr	£2,512£2,512
ROI	1%1%
Gross Yield	4%4%

Local Sold Prices

23 sold prices from £450K to £3.1M, average is £925K. £6K/m² to £19.4K/m², average is £11.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£925K	09/21	0.01 mi	28, Ufford Street, London, Greater London SE1 8QD	£15,219	61	2	Semi-Detached House
£925K	09/21	0.01 mi	28, Ufford Street, London, Greater London SE1 8QD	£15,219	61	2	Semi-Detached House
£890K	03/21	0.02 mi	18, Ufford Street, London, Greater London SE1 8QD	-	-	2	Terraced House
£1.3M	01/23	0.21 mi	30, Roupell Street, London, Greater London SE1 8TB	£15,511	82	2	Terraced House
£1.4M	10/21	0.22 mi	53, Roupell Street, London, Greater London SE1 8TB	-	-	2	Terraced House
£1.0M	09/23	0.22 mi	40, Roupell Street, London, Greater London SE1 8TB	£10,638	94	2	Terraced House
£1.1M	05/21	0.22 mi	26, Roupell Street, London, Greater London SE1 8TB	-	-	2	Terraced House
£727K	03/23	0.4 mi	17, Mcauley Close, London, Greater London SE1 7BX	-	-	2	Terraced House
£737K	10/22	0.4 mi	37, Scovell Crescent, London, Greater London SE1 1PS	£9,213	80	2	Terraced House
£920K	06/23	0.51 mi	35, Hayles Street, London, Greater London SE11 4SU	-	-	2	Terraced House
£592K	03/21	0.54 mi	38, Hayles Street, London, Greater London SE11 4SX	£12,870	46	2	Terraced House
£2.5M	11/22	0.63 mi	1, Horsemongers Mews, London, Greater London SE1 4GG	£19,431	127	2	Semi-Detached House
£640K	09/21	0.67 mi	8, Heralds Place, London, Greater London SE11 4NP	£11,429	56	2	Terraced House
£1.4M	08/22	0.83 mi	87, County Street, London, Greater London SE1 4AD	£6,017	236	2	Terraced House
£985K	04/21	0.83 mi	12, Chester Way, London, Greater London SE11 4UT	£11,193	88	2	Terraced House
£1.1M	04/23	0.89 mi	56, Guy Street, London, Greater London SE1 3RF	-	-	2	Terraced House
£881K	11/22	0.9 mi	2, Lilac Place, London, Greater London SE11 5QQ	-	-	2	Semi-Detached House
£480K	11/22	0.9 mi	74, Iliffe Street, London, Greater London SE17 3LL	-	-	2	Terraced House
£3.1M	08/21	0.96 mi	15, Lord North Street, London, Greater London SW1P 3LD	-	-	2	Terraced House
£3.1M	08/21	0.96 mi	15, Lord North Street, London, Greater London SW1P 3LD	-	-	2	Terraced House
£450K	02/23	0.97 mi	43a, Browning Street, London, Greater London SE17 1LU	-	-	2	Terraced House
£890K	06/21	0.98 mi	59, Cardigan Street, London, Greater London SE11 5PF	£11,125	80	2	Terraced House
£910K	06/21	0.98 mi	64, Cardigan Street, London, Greater London SE11 5PF	-	-	2	Terraced House

Local Rents

50 rents from £2K/mo to £5.5K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,500	08/24	0.01 mi	Boulevard Apartments, Ufford Street, London, SE1	2	Flat
£3,600	08/24	0.01 mi	-	2	Semi-Detached House
£3,300	02/25	0.01 mi	-	2	Semi-Detached House
£3,300	03/25	0.01 mi	-	2	Semi-Detached House
£2,600	08/24	0.02 mi	Ufford Street, Southwark London SE1	2	Flat
£3,030	12/24	0.04 mi	-	2	Flat
£2,420	08/24	0.05 mi	Mitre Road, Southwark London SE1	2	Flat
£3,033	08/24	0.06 mi	Webber Street, London	2	Flat
£2,260	12/24	0.06 mi	-	2	Flat
£4,311	12/24	0.07 mi	Ufford Street, London, SE1	2	Flat
£2,480	08/24	0.08 mi	Mitre Road, London, SE1	2	Flat
£2,500	08/24	0.08 mi	Mitre Road, Southwark London SE1	2	Flat
£2,650	12/24	0.08 mi	Mitre Road, Southwark London SE1	2	Flat
£5,390	08/24	0.08 mi	Ufford Street, London, SE1 8FF, UK	2	Flat
£2,480	08/24	0.08 mi	MITRE ROAD, Southwark, London, SE1	2	Flat
£2,800	08/24	0.08 mi	The Cut, London, SE1	2	Flat
£2,250	11/23	0.08 mi	Bridgehouse Court, Blackfriars Road, London, SE1	2	Flat
£3,000	12/24	0.1 mi	-	2	Flat
£5,000	12/24	0.1 mi	-	2	Flat
£5,500	03/25	0.1 mi	-	2	Flat
£3,466	08/24	0.1 mi	Blackfriars Road, London, SE1	2	Flat
£3,466	08/24	0.1 mi	-	2	Flat
£3,700	08/24	0.1 mi	Blackfriars Road, London	2	Flat
£3,466	08/24	0.1 mi	Blackfriars Road, South Bank, London, SE1 8HA	2	Flat
£3,750	12/24	0.11 mi	Blackfriars Road, South Bank, London, SE1 8HA	2	Flat
£3,650	12/24	0.11 mi	-	2	Flat
£3,750	12/24	0.11 mi	Blackfriars Road, London, SE1	2	Flat
£3,696	08/24	0.12 mi	Pocock Street, Pocock Street	2	Flat
£3,796	12/24	0.12 mi	Blackfriars Road, Borough	2	Flat
£3,700	08/24	0.12 mi	Globe View House, London, SE1	2	Flat
£3,700	08/24	0.12 mi	-	2	Flat
£3,799	03/25	0.12 mi	-	2	Flat
£2,250	08/24	0.12 mi	Greet Street, Southwark SE1	2	Flat
£3,402	12/24	0.12 mi	Globe View House, Southwark, London SE1	2	Flat
£3,358	12/24	0.12 mi	Globe View House, Blackfriars Road, SE1	2	Flat
£2,500	03/25	0.12 mi	-	2	Flat
£2,817	12/24	0.13 mi	Windmill House, Windmill Walk, SE1	2	Flat
£2,500	12/24	0.13 mi	Greet Street, Tait House Greet Street, SE1	2	Flat
£2,817	12/24	0.13 mi	Windmill House, Windmill Walk, London SE1	2	Flat
£3,200	08/24	0.14 mi	-	2	Flat
£1,998	08/24	0.15 mi	cooper close	2	Flat
£2,200	01/25	0.16 mi	-	2	Flat
£2,500	02/25	0.16 mi	-	2	Flat
£3,000	08/24	0.17 mi	Nelson Square, Southwark, London, SE1	2	Flat
£3,696	08/24	0.17 mi	Elliston Apartments, 9 Glade Path, Southwark, London, SE1	2	Flat
£2,750	08/24	0.17 mi	-	2	Flat
£3,300	08/24	0.18 mi	Waterloo Road, London, SE1	2	Flat
£3,300	12/24	0.18 mi	Waterloo Road, Southwark, SE1	2	Flat
£4,200	12/24	0.18 mi	Conquest Tower, Blackfriars, Road, SE1	2	Flat
£2,999	12/24	0.18 mi	Blackfriars Road, Southwark	2	Flat

Local Area Statistics

Population in SE1	66,77766,777
Population in London	4,771,9214,771,921
Town centre distance	1.80 miles away1.80 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.15 miles away0.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-20%-20%

Property History

Listed for £935,000

November 6, 2024

Floor Plans

Description

Two double bedrooms +
Private garden +
Renovation potential +
Freehold +
Conservation +
Excellent location +
Waterloo +
Local amenities +
Southbank +
Excellent transport links +

This is a rare end of terrace property on Ufford Street. A two bedroom freehold house with a private garden. In the Waterloo Conservation Area close to Waterloo Station, Southwark tube. Centrally located, within walking distance of Thames River Walk, IMAX, The Cut, The Old Vic Theatre. You can easily walk into the City of London and Covent Garden. Chain free, ready to buy. A real gem in the Heart of London.

Agent Details

Urban Village, London

020 3908 5080

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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