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Old Kent Road, LONDON - Image 1
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Old Kent Road, LONDON

London

£245,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Ground Flat

Description

This ground floor flat presents a prime opportunity for renovation and investment. As a long leasehold property located on Old Kent Road, it requires modernisation to unlock its full potential. Currently generating an annual rental income of £19,200, this self-contained unit features two bedrooms, a reception room, kitchen, bathroom/WC, and a balcony. It is well-positioned with access to local shopping amenities and public transport links, making it an attractive option for future tenants or buyers. The flat's layout offers ample scope for improvement, ensuring that prospective investors can create a desirable living space in a sought-after location. Offered at auction on 28 July 2026, the flat could be an astute addition to any investment portfolio.

Investment analysis

(SE1 area)
Area Average
£888/sq ft
Avg Rent (weekly)
£674
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (SE1)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -14.5%
5 year growth: -26.6%
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

Old Kent Road, LONDON
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£926
Based on a loan of £183,750 over 30 years at 4.45% 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.

Stamp duty calculator

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