2 Bed Flat, Cash/Bridging Only, London, SE1 4TT, £700,000

Green Walk, Tower Bridge, SE1 4TT - 2 views - 13 days ago

Leasehold
Cash
ROI: 2%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£325K - £875K
Sold Prices/m²£5.8K/m² - £10.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£10.3K/m²

Value Estimate

£510,832

 

 

End Value (After Refurb)

£601,875

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£58,700

Refurb Costs

£36,000

Bridging Loan Interest

£18,375

Total Cash In

£289,825

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£601,875

Mortgage (After Refinance)

£451,406

Mortgage LTV

75%

Cash Left In

£289,825

Equity

£150,469

Rent Range

£1,898 - £6,500

Rent Estimate

£2,920

Running Costs/mo

£2,485

Cashflow/mo

£435

Cashflow/yr

£5,222

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £325K to £875K, average is £428.8K. £5.8K/m² to £10.7K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£470K06/210.03 mi12, Prioress Street, London, Greater London SE1 4TE2
£570K08/230.06 mi29, Potier Street, London, Greater London SE1 4UX2
£410K08/210.11 miFlat 21, Shalford House, Law Street, London, Greater London SE1 4XF2
£470K06/230.12 mi64, Decima Street, London, Greater London SE1 4QQ2
£420K10/210.12 miFlat 54, Pilgrim House, Tabard Street, London, Greater London SE1 4UP2
£407K10/230.23 miFlat 7, Tabard House, Manciple Street, London, Greater London SE1 4DL2
£470K11/200.26 mi139d, Chatham Street, London, Greater London SE17 1PA2
£480K06/210.27 miFlat 11, Rochester House, Manciple Street, London, Greater London SE1 4LP2
£592.5K05/210.28 mi35, Leathermarket Court, London, Greater London SE1 3HS2
£555K03/230.3 mi97, Leathermarket Court, London, Greater London SE1 3HT2
£425K12/230.31 miFlat 9, St. Lawrence House, St Saviours Estate, London, Greater London SE1 3BY2
£391K02/230.31 miFlat 23, St. Vincent House, St Saviours Estate, London, Greater London SE1 3EA2
£505K09/230.33 miFlat 4, Willow House, Curtis Street, London, Greater London SE1 5SL2
£430K02/210.34 mi1, Salisbury Close, London, Greater London SE17 1BY2
£475K01/210.34 miFlat 10, Harbledown House, Manciple Street, London, Greater London SE1 4LN2
£362K02/230.36 miFlat 41, Bramwell House, Harper Road, London, Greater London SE1 6RL2
£427.5K03/230.37 mi98, Whites Grounds Estate, London, Greater London SE1 3JX2
£330K09/230.37 mi81, Rodney Road, London, Greater London SE17 1RF2
£425K09/230.37 miFlat 35, Thetford House, St Saviours Estate, London, Greater London SE1 3PE2
£365K03/230.38 miFlat 23, Knight House, Huntsman Street, London, Greater London SE17 1QN2
£355K11/200.41 miFlat 82, Whitworth House, Falmouth Road, London, Greater London SE1 6RN2
£584.5K12/200.43 miFlat 92, Ratcliffe Court, Great Dover Street, London, Greater London SE1 4LD2
£448.2K05/230.44 mi55, Whites Grounds Estate, London, Greater London SE1 3JZ2
£325K06/210.44 miFlat 79, Dawes House, Orb Street, London, Greater London SE17 1RD2
£360K06/210.44 miFlat 57, Dawes House, Orb Street, London, Greater London SE17 1RD2
£362K12/200.44 miFlat 25, Dawes House, Orb Street, London, Greater London SE17 1RE2
£430K10/210.52 miFlat 148, Devon Mansions, Tooley Street, London, Greater London SE1 2NR2
£530K12/200.54 miFlat 155, Devon Mansions, Tooley Street, London, Greater London SE1 2NR2
£361K10/230.54 miFlat 40, Stephenson House, Bath Terrace, London, Greater London SE1 6PR2
£415K05/210.54 miFlat 13, Banks House, Rockingham Street, London, Greater London SE1 6QQ2
£550K07/240.56 mi17, Oxford Drive, London, Greater London SE1 2FB2
£340K07/230.57 miFlat 32, Telford House, Tiverton Street, London, Greater London SE1 6NY2
£475K10/210.58 mi66, Wooler Street, London, Greater London SE17 2EF2
£422K10/200.58 mi66a, Wooler Street, London, Greater London SE17 2EF2
£365K02/230.59 mi45, Goodwin Close, London, Greater London SE16 3TL2
£375K08/210.59 mi30, Cadbury Way, London, Greater London SE16 3XB2
£425K01/230.59 mi166a, Trafalgar Street, London, Greater London SE17 2TP2
£440K10/200.6 mi50, Aylesbury Road, London, Greater London SE17 2EH2
£470K09/230.61 miFlat 13, Tower Bridge Buildings, Mill Street, London, Greater London SE1 2AZ2
£698K02/230.61 mi24, Isaac Way, London, Greater London SE1 1EE2
£335K02/230.64 mi26, Pilton Place, London, Greater London SE17 1DN2
£385K02/230.65 mi36, Bushwood Drive, London, Greater London SE1 5RE2
£380K10/200.66 mi22, Woolstaplers Way, London, Greater London SE16 3UP2
£565K06/230.67 miFlat 21, Parker Building, Freda Street, London, Greater London SE16 4ED2
£750K01/240.68 miFlat 26, Vanilla & Sesame Court, Curlew Street, London, Greater London SE1 2NN2
£875K09/230.69 miFlat 17, St. Saviours Wharf, Mill Street, London, Greater London SE1 2BE2
£465K01/210.73 mi2a, Longley Street, London, Greater London SE1 5QQ2
£345.5K06/230.73 miFlat 11, Robert Jones House, Eveline Lowe Estate, London, Greater London SE16 3SR2
£540K10/210.73 mi178, Providence Square, London, Greater London SE1 2EF2
£835K09/230.73 mi10, Providence Square, London, Greater London SE1 2EA2

Local Rents

51 rents from £1.9K/mo to £6.5K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£3,25008/240.01 miBlock A, The Jam Factory, 27 Green Walk, London, SE12
£3,20008/240.01 miBlock C The Jam Factory, 27 Green Walk, London, SE12
£3,50012/240.02 miGreen Walk London SE12
£2,60008/240.02 mi-2
£2,80003/250.02 mi-2
£3,50012/240.03 miGreen Walk, London, SE12
£3,50008/240.03 miThe Jam Factory, London, SE12
£3,00012/240.03 miGreen Walk, London, SE12
£3,50008/240.03 mi-2
£3,50008/240.03 mi-2
£3,60003/250.03 mi-2
£3,50003/250.03 mi-2
£3,30012/240.03 mi-2
£3,40012/240.04 miThe Jam Factory, London, SE12
£3,50008/240.05 mi-2
£3,50012/240.05 mi-2
£4,50001/250.05 mi-2
£4,50003/250.05 mi-2
£6,50001/250.05 mi-2
£2,90008/240.1 mi-2
£4,40002/240.1 mi-2
£2,10208/240.1 miDecima Street, London Bridge SE12
£2,70012/240.1 miDecima Street , London Bridge SE12
£2,75008/240.12 miSadlers Court, 30A Wild Rents, London, SE12
£2,00008/240.12 miElim Estate, Weston Street, London, SE12
£1,99908/240.13 miWeston Street, London, SE12
£1,99908/240.13 mi-2
£2,65001/250.13 mi-2
£2,65002/250.13 mi-2
£2,75012/240.13 miTrocette Mansions, 249 Bermondsey Street, SE12
£2,75012/240.13 miTrocette Mansions, 249 Bermondsey Street, SE12
£2,70012/240.13 miCluny Place, Icon Apartments, SE12
£2,20012/240.13 mi-2
£2,16702/250.14 mi-2
£2,30008/240.14 mi-2
£2,23208/240.14 miLaw Street, SE12
£1,89812/240.14 miLaw Street, SE12
£2,50012/240.15 mi-2
£2,60012/240.16 miGrange Road, Bermondsey, London, SE12
£2,40108/240.16 miCluny Estate , London bridge SE12
£2,23212/240.16 miPages Walk, Bermondsey2
£2,39608/240.16 miBermondsey Street, SE12
£2,45008/240.17 miBridge View Court, 19 Grange Road, London, SE12
£4,30008/240.17 mi-2
£2,80012/240.17 mi-2
£2,09708/240.17 miBurbage Close, London, SE12
£2,20008/240.17 miPages Walk, London, SE12
£1,95012/240.17 miBurbage Close, London Bridge / Borough SE12
£2,42708/240.17 miLong Lane, Se12
£2,50008/240.17 miLong Lane, London, SE12
£2,39612/240.18 miFossil Court2

Local Area Statistics

Population in SE1

66,777

Population in London

4,771,921

Town centre distance

2.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

-20%

Property History

Listed for £700,000

March 18, 2025

Floor Plans

Description

  • Split Level Apartment +
  • Private Gated Development +
  • Large Eat-in Kitchen +
  • Separate Living Room +
  • Residents' Porter +
  • Chain Free Sale +
  • Cash Buyers Only +

An almost 1,200 ft2, split level apartment in the former Hartley's Jam Factory, with a large living room, hard wood floors and exposed brick, a separate eat in kitchen, two double bedrooms and two bathrooms.

The Jam Factory is one of SE1's most desirable developments with a blend of character & contemporary design, set on Rothsay Street, moments from Bermondsey Street, with London Bridge, Borough Market & the Southbank just beyond.

Tenure: Leasehold Lease Years Remaining: 969
Service Charge: £2,600
Annual Ground Rent: £300
Council Tax Band: Not yet available

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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