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165A Borough High Street, London, SE1 1HR - Image 1
165A Borough High Street, London, SE1 1HR - Image 2
165A Borough High Street, London, SE1 1HR - Image 3
165A Borough High Street, London, SE1 1HR - Image 4
165A Borough High Street, London, SE1 1HR - Image 5
165A Borough High Street, London, SE1 1HR - Image 6

165A Borough High Street, London, SE1 1HR

London

£3,500,000
Listed on 11/01/2024

Property Details

Bedrooms
N/A
Type
Detached house
Area
6293 sqft

Description

Nestled along a vibrant thoroughfare, this property offers a unique opportunity for renovation and investment in a sought-after area. Currently functioning as an art school, the building presents a versatile canvas with potential for various alternative uses, pending planning approval. Possibilities include transforming the space into residential units, office environments, serviced apartments, or even a boutique hotel. Situated just a short stroll from both London Bridge Station and Borough tube station, accessibility is one of the key benefits of this location. The renowned Borough Market is within easy walking distance, providing an array of culinary and retail options that enhance the area's appeal. The surrounding neighborhood has seen considerable regeneration efforts in recent years, with additional development plans underway on nearby streets such as St Thomas Street and Snowsfields. The building itself boasts impressive high ceilings, including some double-height areas that add to its charm and versatility. With period features and original stripped floors throughout, there are opportunities to retain historical elements while modernizing the space to meet contemporary needs. A passenger lift adds functional convenience to the layout. This property not only represents a distinctive opportunity for immediate use but also stands as an attractive investment with significant potential for appreciation and development in a rapidly evolving locale.

Investment Analysis

(SE1 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£556/sq ft
Area Average
£910/sq ft
Avg Rent (weekly)
£622
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£6,301,716
10% above area average per sq ft
Potential ROI
+72.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE1)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -9.7%
5 year growth: -29.2%
Investment Disclaimer: Analysis based on SE1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

165A Borough High Street, London, SE1 1HR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£12,623
Based on a loan of £2,625,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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