2 Bed Flat, Refurb/BRRR, London, SE1 4JA, £850,000

Trinity Street, London, SE1 4JA - 4 days ago

Leasehold

Refurb/BRRR

~68 m²

+21 photos

ValuationOvervalued

Sold Prices	£325K - £775K
Sold Prices/m²	£5.9K/m² - £10.2K/m²

Square Metres	~68.11 m²
Price/m²	£12.5K/m²
Value Estimate	£510,721£510,721

End Value (After Refurb)	£760,000£760,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£212,500£212,500
Stamp Duty & Legal Fees	£76,200£76,200
Refurb Costs	£36,000£36,000
Bridging Loan Interest	£22,313£22,313
Total Cash In	£348,763£348,763

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£760,000£760,000
Mortgage (After Refinance)	£570,000£570,000
Mortgage LTV	75%75%
Cash Left In	£348,763£348,763
Equity	£190,000£190,000
Rent Range	£1,200 - £6,283£1,200 - £6,283
Rent Estimate	£2,849
Running Costs/mo	£2,965£2,965
Cashflow/mo	£-116£-116
Cashflow/yr	£-1,390£-1,390
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £325K to £775K, average is £430K. £5.9K/m² to £10.2K/m², average is £7.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£584.5K	12/20	0.07 mi	Flat 92, Ratcliffe Court, Great Dover Street, London, Greater London SE1 4LD	-	-	2	Flat
£475K	01/21	0.12 mi	Flat 10, Harbledown House, Manciple Street, London, Greater London SE1 4LN	-	-	2	Flat
£480K	06/21	0.14 mi	Flat 11, Rochester House, Manciple Street, London, Greater London SE1 4LP	-	-	2	Flat
£407K	10/23	0.17 mi	Flat 7, Tabard House, Manciple Street, London, Greater London SE1 4DL	-	-	2	Flat
£355K	11/20	0.21 mi	Flat 82, Whitworth House, Falmouth Road, London, Greater London SE1 6RN	-	-	2	Flat
£362K	02/23	0.23 mi	Flat 41, Bramwell House, Harper Road, London, Greater London SE1 6RL	-	-	2	Flat
£361K	10/23	0.24 mi	Flat 40, Stephenson House, Bath Terrace, London, Greater London SE1 6PR	-	-	2	Flat
£420K	10/21	0.25 mi	Flat 54, Pilgrim House, Tabard Street, London, Greater London SE1 4UP	-	-	2	Flat
£698K	02/23	0.25 mi	24, Isaac Way, London, Greater London SE1 1EE	-	-	2	Flat
£340K	07/23	0.26 mi	Flat 32, Telford House, Tiverton Street, London, Greater London SE1 6NY	-	-	2	Flat
£410K	08/21	0.27 mi	Flat 21, Shalford House, Law Street, London, Greater London SE1 4XF	-	-	2	Flat
£415K	05/21	0.28 mi	Flat 13, Banks House, Rockingham Street, London, Greater London SE1 6QQ	-	-	2	Flat
£570K	08/23	0.31 mi	29, Potier Street, London, Greater London SE1 4UX	£7,500	76	2	Flat
£470K	06/21	0.34 mi	12, Prioress Street, London, Greater London SE1 4TE	-	-	2	Flat
£592.5K	05/21	0.36 mi	35, Leathermarket Court, London, Greater London SE1 3HS	£10,216	58	2	Flat
£470K	06/23	0.38 mi	64, Decima Street, London, Greater London SE1 4QQ	£8,037	58	2	Flat
£555K	03/23	0.42 mi	97, Leathermarket Court, London, Greater London SE1 3HT	£8,952	62	2	Flat
£470K	11/20	0.42 mi	139d, Chatham Street, London, Greater London SE17 1PA	£7,220	65	2	Flat
£430K	02/21	0.47 mi	1, Salisbury Close, London, Greater London SE17 1BY	£6,719	64	2	Flat
£427.5K	03/23	0.49 mi	98, Whites Grounds Estate, London, Greater London SE1 3JX	£6,786	63	2	Flat
£330K	09/23	0.49 mi	81, Rodney Road, London, Greater London SE17 1RF	£6,346	52	2	Flat
£632.5K	09/21	0.5 mi	Flat B, 12, Gaywood Street, London, Greater London SE1 6HG	£7,324	86	2	Flat
£550K	07/24	0.54 mi	17, Oxford Drive, London, Greater London SE1 2FB	£9,483	58	2	Flat
£448.2K	05/23	0.54 mi	55, Whites Grounds Estate, London, Greater London SE1 3JZ	£8,003	56	2	Flat
£450K	01/21	0.55 mi	Flat 20, St. Georges Court, Garden Row, London, Greater London SE1 6HD	-	-	2	Flat
£775K	11/21	0.57 mi	Flat 9, Victor Wharf, Clink Street, London, Greater London SE1 9DW	-	-	2	Flat
£425K	12/23	0.58 mi	Flat 9, St. Lawrence House, St Saviours Estate, London, Greater London SE1 3BY	£6,798	63	2	Flat
£650K	11/20	0.59 mi	Flat 36, Sumner Buildings, Sumner Street, London, Greater London SE1 9JX	-	-	2	Flat
£325K	06/21	0.59 mi	Flat 79, Dawes House, Orb Street, London, Greater London SE17 1RD	-	-	2	Flat
£360K	06/21	0.59 mi	Flat 57, Dawes House, Orb Street, London, Greater London SE17 1RD	-	-	2	Flat
£362K	12/20	0.59 mi	Flat 25, Dawes House, Orb Street, London, Greater London SE17 1RE	-	-	2	Flat
£577K	08/23	0.61 mi	165b, Brook Drive, London, Greater London SE11 4TG	£8,362	69	2	Flat
£375K	11/20	0.61 mi	23, Winchester Close, London, Greater London SE17 3DQ	£6,579	57	2	Flat
£395K	05/21	0.61 mi	34, Marlborough Close, London, Greater London SE17 3AP	£6,930	57	2	Flat
£391K	02/23	0.64 mi	Flat 23, St. Vincent House, St Saviours Estate, London, Greater London SE1 3EA	-	-	2	Flat
£414.5K	02/21	0.64 mi	47, Winchester Close, London, Greater London SE17 3DQ	£7,147	58	2	Flat
£390K	01/21	0.64 mi	77, Winchester Close, London, Greater London SE17 3DQ	£6,724	58	2	Flat
£365K	03/23	0.64 mi	Flat 23, Knight House, Huntsman Street, London, Greater London SE17 1QN	-	-	2	Flat
£570K	02/21	0.64 mi	Flat 19, Mawdley House, Webber Row, London, Greater London SE1 8XQ	-	-	2	Flat
£450K	12/20	0.65 mi	5, Dante Road, London, Greater London SE11 4RB	£5,921	76	2	Flat
£425K	09/23	0.66 mi	Flat 35, Thetford House, St Saviours Estate, London, Greater London SE1 3PE	-	-	2	Flat
£335K	02/23	0.69 mi	26, Pilton Place, London, Greater London SE17 1DN	£5,877	57	2	Flat
£408.5K	11/23	0.69 mi	Flat 18, Jurston Court, Gerridge Street, London, Greater London SE1 7QH	-	-	2	Flat
£530K	12/20	0.69 mi	Flat 155, Devon Mansions, Tooley Street, London, Greater London SE1 2NR	-	-	2	Flat
£430K	10/21	0.7 mi	Flat 148, Devon Mansions, Tooley Street, London, Greater London SE1 2NR	-	-	2	Flat
£505K	09/23	0.7 mi	Flat 4, Willow House, Curtis Street, London, Greater London SE1 5SL	-	-	2	Flat
£512.5K	03/23	0.72 mi	Flat 15, Amigo House, Morley Street, London, Greater London SE1 7QE	-	-	2	Flat
£425K	01/23	0.75 mi	166a, Trafalgar Street, London, Greater London SE17 2TP	£7,203	59	2	Flat
£518.5K	09/21	0.75 mi	Flat 6, Tait House, Greet Street, London, Greater London SE1 8NA	-	-	2	Flat
£475K	10/21	0.76 mi	66, Wooler Street, London, Greater London SE17 2EF	£8,636	55	2	Flat

Local Rents

50 rents from £1.2K/mo to £6.3K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,800	08/24	0.01 mi	Trinity Street, London SE1	2	Flat
£3,000	08/24	0.03 mi	-	2	Flat
£1,200	08/24	0.06 mi	Great Dover Street, Borough, SE1	2	Flat
£2,500	08/24	0.06 mi	Great Dover Street London SE1	2	Flat
£2,750	08/24	0.07 mi	-	2	Flat
£2,556	03/25	0.07 mi	-	2	Flat
£2,700	12/24	0.08 mi	Falmouth Road SE1	2	Flat
£2,300	01/25	0.08 mi	-	2	Flat
£3,200	12/24	0.08 mi	-	2	Flat
£2,950	01/25	0.08 mi	-	2	Flat
£2,700	12/24	0.09 mi	Falmouth Road Borough SE1	2	Flat
£2,550	12/24	0.09 mi	Falmouth Road, SE1	2	Flat
£2,500	08/24	0.09 mi	56 Tabard Street, London, SE1	2	Flat
£3,000	12/24	0.1 mi	27b Swan Street, Southwark, London, SE1	2	Flat
£2,810	12/24	0.1 mi	-	2	Flat
£2,600	12/24	0.11 mi	Aldernay Mews, Borough, London, SE1	2	Flat
£2,400	12/24	0.12 mi	Brockham St SE1	2	Flat
£2,000	12/24	0.12 mi	Harbledown House, Manciple Street	2	Flat
£2,700	12/24	0.12 mi	Brockham Street, Borough, London, SE1	2	Flat
£2,450	08/24	0.12 mi	-	2	Flat
£2,450	08/24	0.12 mi	-	2	Flat
£2,100	03/25	0.13 mi	-	2	Flat
£2,600	08/24	0.13 mi	Shaftesbury Court, Borough, London, SE1	2	Flat
£2,496	08/24	0.13 mi	Spurgeon Street, Borough	2	Flat
£3,142	12/24	0.14 mi	Swan Street, Borough, London	2	Flat
£2,500	03/25	0.14 mi	-	2	Flat
£3,098	08/24	0.14 mi	Empire Square, Long Lane , Borough/London Bridge SE1	2	Flat
£3,350	08/24	0.14 mi	Empire Square West, London SE1	2	Flat
£2,900	12/24	0.14 mi	Great Dover Street, London, SE1	2	Flat
£1,995	08/24	0.15 mi	St. Michaels Court, London, SE1	2	Flat
£1,995	08/24	0.15 mi	-	2	Flat
£4,700	02/25	0.15 mi	Empire Square West, Long Street, London, SE1	2	Flat
£2,747	08/24	0.15 mi	Empire Square West, Borough	2	Flat
£3,597	08/24	0.15 mi	Empire Square East, Empire Square, London, SE1	2	Flat
£3,098	08/24	0.15 mi	Empire Square, SE1	2	Flat
£3,000	12/24	0.15 mi	Empire Square, London, SE1	2	Flat
£2,795	12/24	0.15 mi	-	2	Flat
£6,283	12/24	0.15 mi	Empire Square, London, SE1	2	Flat
£2,650	08/24	0.15 mi	Kittiwake Court, 4 Great Dover Street, London, SE1	2	Flat
£2,600	08/24	0.15 mi	Longstone Court, 22 Great Dover Street, London, SE1	2	Flat
£3,000	08/24	0.15 mi	Empire Square, Borough, London, SE1	2	Flat
£3,597	08/24	0.15 mi	Empire Square East, Borough, London, SE1	2	Flat
£2,925	08/24	0.16 mi	151 Tower Bridge Road, London, SE1	2	Flat
£2,395	12/24	0.16 mi	-	2	Flat
£2,795	03/25	0.16 mi	-	2	Flat
£2,300	12/24	0.16 mi	-	2	Flat
£3,000	12/24	0.16 mi	St Michaels Court SE1	2	Flat
£3,597	08/24	0.17 mi	Empire Square East, Empire Square, Southwark SE1	2	Flat
£3,500	12/24	0.17 mi	Empire Square London SE1	2	Flat
£3,597	12/24	0.17 mi	Long Lane London SE1	2	Flat

Local Area Statistics

Population in SE1	66,77766,777
Population in London	4,771,9214,771,921
Town centre distance	2.12 miles away2.12 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.19 miles away0.19 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 £850,000

March 31, 2025

Floor Plans

Description

One of the most desirable locations in SE1 +
Within the Trinity Village Conservation Area. +
Extensively refurbished in 2019 +
Grade II Listed Building and part of a Georgian Terrace +
Beautifully presented and immaculately maintained +
Well maintained communal gardens +
Contemporary interior retaining much of the original buildings heritage +
Main bedroom with stylish en suite shower room/wc. +
No Onward chain +
Quietly located within a short walk of London Bridge Station and Borough Market +

This property is a remarkable find for those seeking a tastefully refurbished apartment with a touch of Georgian elegance. Originally constructed in the 18th century as part of a Grade II listed building, this flat has been extensively renovated in 2019. With this careful renovation, the property now boasts a contemporary interior, while still preserving its historical charm. The result is a beautifully presented home that perfectly balances modern living with the building's heritage. The apartment is immaculately maintained, ensuring a move-in-ready experience.

The superb interior features a spacious main bedroom complete with a stylish en suite shower room/wc. The second bedroom is equally comfortable, providing ample space for a guest room, study, or additional living area. Furthermore, the property offers excellent storage options in the form of under street vaults, ensuring a clutter-free and organised living space. Conveniently located in a quiet setting, yet within a short walk of London Bridge Station and the renowned Borough Market, this property provides the perfect balance between city living and a tranquil retreat. The immediate surroundings offer an array of amenities, including restaurants, cafes, shops, and leisure activities, ensuring the utmost convenience for residents. Offered with no onward chain, the apartment provides an opportunity for immediate occupancy, making it an excellent choice for busy professionals or investors alike.

Agent Details

Daniel Cobb, London Bridge

020 3889 5951

Next Steps?

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

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