2 Bed Flat, Single Let, London, SE1 3PE, £450,000

St. Saviours Estate, Bermondsey, SE1 3PE - 2 views - a month ago

Leasehold
BTL
ROI: 3%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£125K - £1.6M
Sold Prices/m²£1.7K/m² - £11.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£549,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£2,100 - £5,000

Rent Estimate

£2,213

Running Costs/mo

£1,869

Cashflow/mo

£344

Cashflow/yr

£4,130

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £125K to £1.6M, average is £470K. £1.7K/m² to £11.6K/m², average is £8.7K/m².

PriceDateDistanceAddressBeds 
£425K09/230.01 miFlat 35, Thetford House, St Saviours Estate, London, Greater London SE1 3PE2
£425K12/230.09 miFlat 9, St. Lawrence House, St Saviours Estate, London, Greater London SE1 3BY2
£391K02/230.12 miFlat 23, St. Vincent House, St Saviours Estate, London, Greater London SE1 3EA2
£430K10/210.23 miFlat 148, Devon Mansions, Tooley Street, London, Greater London SE1 2NR2
£470K09/230.23 miFlat 13, Tower Bridge Buildings, Mill Street, London, Greater London SE1 2AZ2
£530K12/200.26 miFlat 155, Devon Mansions, Tooley Street, London, Greater London SE1 2NR2
£427.5K03/230.27 mi98, Whites Grounds Estate, London, Greater London SE1 3JX2
£555K03/230.28 mi97, Leathermarket Court, London, Greater London SE1 3HT2
£448.2K05/230.29 mi55, Whites Grounds Estate, London, Greater London SE1 3JZ2
£470K06/230.3 mi64, Decima Street, London, Greater London SE1 4QQ2
£565K06/230.3 miFlat 21, Parker Building, Freda Street, London, Greater London SE16 4ED2
£875K09/230.31 miFlat 17, St. Saviours Wharf, Mill Street, London, Greater London SE1 2BE2
£592.5K05/210.33 mi35, Leathermarket Court, London, Greater London SE1 3HS2
£365K02/230.33 mi45, Goodwin Close, London, Greater London SE16 3TL2
£505K09/230.34 miFlat 4, Willow House, Curtis Street, London, Greater London SE1 5SL2
£750K01/240.34 miFlat 26, Vanilla & Sesame Court, Curlew Street, London, Greater London SE1 2NN2
£540K10/210.35 mi178, Providence Square, London, Greater London SE1 2EF2
£835K09/230.36 mi10, Providence Square, London, Greater London SE1 2EA2
£880K09/210.36 mi94, Providence Square, London, Greater London SE1 2EB2
£880K08/230.36 mi57, Providence Square, London, Greater London SE1 2EB2
£822K04/210.36 mi33, Providence Square, London, Greater London SE1 2EA2
£950K06/210.36 mi74a, Providence Square, London, Greater London SE1 2EB2
£375K08/210.37 mi30, Cadbury Way, London, Greater London SE16 3XB2
£1.1M02/210.39 mi142, Providence Square, London, Greater London SE1 2ED2
£1.6M06/210.4 miFlat 12, Providence Tower, Bermondsey Wall West, London, Greater London SE16 4US2
£1.5M05/210.4 miFlat 4, Providence Tower, Bermondsey Wall West, London, Greater London SE16 4US2
£440K11/200.4 miFlat 10, Havisham House, Scott Lidgett Crescent, London, Greater London SE16 4UY2
£470K06/210.4 mi12, Prioress Street, London, Greater London SE1 4TE2
£410K08/210.41 miFlat 21, Shalford House, Law Street, London, Greater London SE1 4XF2
£570K08/230.43 mi29, Potier Street, London, Greater London SE1 4UX2
£380K10/200.45 mi22, Woolstaplers Way, London, Greater London SE16 3UP2
£420K10/210.47 miFlat 54, Pilgrim House, Tabard Street, London, Greater London SE1 4UP2
£550K07/240.48 mi17, Oxford Drive, London, Greater London SE1 2FB2
£407K10/230.49 miFlat 7, Tabard House, Manciple Street, London, Greater London SE1 4DL2
£365K04/210.5 mi68, Lucey Way, London, Greater London SE16 3UF2
£345K02/210.5 mi42, Lucey Way, London, Greater London SE16 3UF2
£345.5K06/230.52 miFlat 11, Robert Jones House, Eveline Lowe Estate, London, Greater London SE16 3SR2
£480K06/210.53 miFlat 11, Rochester House, Manciple Street, London, Greater London SE1 4LP2
£465K01/210.55 mi2a, Longley Street, London, Greater London SE1 5QQ2
£480K05/210.57 miFlat 132, Matilda House, St Katharines Way, London, Greater London E1W 1LF2
£475K01/210.57 miFlat 10, Harbledown House, Manciple Street, London, Greater London SE1 4LN2
£455K06/210.59 miFlat 104, Matilda House, St Katharines Way, London, Greater London E1W 1LF2
£420K01/210.59 miFlat 14, Matilda House, St Katharines Way, London, Greater London E1W 1LQ2
£575K01/230.6 mi33, St Katharines Way, London, Greater London E1W 1LP2
£385K02/230.6 mi36, Bushwood Drive, London, Greater London SE1 5RE2
£505K01/210.63 miFlat 4, Seville House 11 & A Half, Wapping High Street, London, Greater London E1W 1NX2
£470K11/200.63 mi139d, Chatham Street, London, Greater London SE17 1PA2
£125K02/210.63 mi61, Burr Close, London, Greater London E1W 1ND2
£365K03/230.66 miFlat 23, Knight House, Huntsman Street, London, Greater London SE17 1QN2
£620K01/210.67 mi97, Thomas More Street, London, Greater London E1W 1YD2

Local Rents

50 rents from £2.1K/mo to £5K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,70008/240.04 miSt. Saviours Estate Bermondsey SE12
£2,99908/240.07 miMaltby Street, Tower Bridge2
£2,70012/240.07 mi-2
£2,60012/240.07 mi-2
£2,60012/240.07 miMillstream Road London Bridge SE12
£2,70008/240.07 mi41 Maltby Street, London, SE12
£3,75012/240.08 miTanner Street, London, SE12
£2,80012/240.08 miArc House, Maltby Street, Tower Bridge, London2
£2,25008/240.09 mi-2
£2,10003/250.09 mi-2
£3,25003/250.09 mi-2
£2,95008/240.09 miTanner Street, London2
£2,60008/240.09 miFlorin Court, Tanner Street, London, SE12
£2,20012/240.1 mi-2
£3,98712/240.1 miEarls Way, Southwark, London, SE1.2
£2,25008/240.1 miDrywater Flats, Phoenix Wharf Road, SE12
£2,50008/240.1 miAbbey Street, London, SE12
£2,50008/240.1 mi-2
£2,60012/240.11 miTanner Street, London, SE12
£2,39504/250.11 mi-2
£3,00012/240.11 miTanner Street, London, SE12
£2,92512/240.11 miLumia Lofts, London Bridge2
£2,60012/240.11 miAbbey Street Southwark SE12
£2,50012/240.11 miAbbey Street, London, SE12
£2,60008/240.12 miTower Bridge Road, London2
£2,70812/240.12 miTower Bridge Road, London Bridge2
£2,64808/240.12 miTower bridge Road2
£2,70812/240.12 miTower Bridge Road, London Bridge2
£2,70802/250.12 miTower Bridge Road, London2
£3,50012/240.12 miTower Bridge Road, London, SE12
£2,73008/240.12 miArc House, Tower Bridge Road, London2
£2,85108/240.13 mi151 Tower Bridge Road, Bermondsey, London2
£3,55312/240.13 miTower Bridge Road London SE12
£3,25012/240.13 miTower Bridge Road, London2
£2,95008/240.13 miTower Bridge Road, London2
£3,25008/240.13 mi151 Tower Bridge Road, London, SE12
£3,89008/240.13 miTower Bridge Road, London, SE1 3JE, UK2
£3,46708/240.13 miTower bridge road, London, SE12
£3,85008/240.13 miTower Bridge Road, London Bridge, SE12
£2,65008/240.13 mi-2
£2,65002/250.13 mi-2
£2,60012/240.14 miTanner Street, London, SE12
£2,50008/240.14 miHaven Way London SE12
£3,00012/240.14 miThe Grange, London, SE12
£2,85004/250.14 mi-2
£3,40012/240.14 miTower Bridge Road, London, SE12
£5,00012/240.15 miLong Walk, London, SE12
£3,00008/240.15 miLong Walk, London, SE12
£2,75012/240.15 miLong Walk, London, SE12
£3,00012/240.15 miLong Walk, London, SE12

Local Area Statistics

Population in SE1

66,777

Population in London

4,771,921

Town centre distance

2.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

-20%

Property History

Listed for £450,000

February 27, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Chain Free +
  • Incredible Location +
  • Private Balcony +
  • Great Views +
  • Offers Over £450,000 +

With stunning views of the City and Tower Bridge, this two double bedroom flat is immaculately presented and boasts a large kitchen, separate living space, modern bathroom, ample storage and private balcony.

Thetford House is perfectly located equidistant from either Bermondsey and London Bridge stations, only 0.6 miles away. Maltby Street Market is only a stones throw away with a plethora of shops and bistros and cafés on Bermondsey Street too.

Tenure: Leasehold Lease Years Remaining: 89
Service Charge: £2,267 (Yearly)
Annual Ground Rent: £10
Council Tax Band: B

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, London Bridge

020 7650 5100

Next Steps?

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