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Lagare, 51 Surrey Row, London, SE1 - Image 1
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Lagare, 51 Surrey Row, London, SE1

London

£900,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1784 sqft

Description

This unique opportunity consists of two interconnected office buildings that are ripe for transformation into bespoke residential units. Currently utilized as sizable office spaces spread over three levels—including a basement, ground floor, and first floor—these properties offer a total area of approximately 1,793 sq ft and 1,552 sq ft. With the option to develop them separately or combine them into one spacious dwelling, this project caters to a variety of potential buyers including developers, investors, or those looking to create a custom home. The long leasehold status extends for about 972 years and the properties hold a Commercial EPC rating of C. Situated in a well-connected area, this conversion presents significant investment potential and is an excellent canvas for turning vision into reality.

Investment Analysis

(SE1 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£504/sq ft
Area Average
£899/sq ft
Avg Rent (weekly)
£636
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,763,315
10% above area average per sq ft
Potential ROI
+53.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (SE1)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -10.8%
5 year growth: -27.0%
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

Lagare, 51 Surrey Row, London, SE1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,188
Based on a loan of £675,000 over 30 years at 3.91% 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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