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Upper Ground, Southwark

London

£575,000

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This spacious lateral apartment, encompassing approximately 950 sq ft, is ripe for renovation and presents an excellent investment opportunity. The property features a generous living room and a separate kitchen that can be reimagined to suit modern aesthetics. It boasts a large private balcony, two well-sized double bedrooms, a family bathroom, and ample built-in storage solutions. The sale is chain-free, and the apartment includes secure off-street parking alongside 24-hour concierge service. Residents will also benefit from access to a sizable communal courtyard. Situated in close proximity to some of London's most iconic attractions like the Thames, Tate Modern, and Borough Market, this location offers not only cultural richness but also great transport links via Waterloo, London Bridge, Southwark, and Blackfriars stations.

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

Upper Ground, Southwark
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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
£2,172
Based on a loan of £431,250 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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