Flat 58 Rennie Court, 11 Upper Ground, Southwark, London, SE1 9LP

This two-bedroom flat on the eleventh floor presents an interesting opportunity for those looking to invest in a property that requires some updating. The asking price of £380,000 is notably below the local average, making it an attractive entry point for potential buyers who can see the value in modernising the space. While the interiors are dated and show general wear, the building benefits from good exterior condition and communal gardens, which adds to its appeal. The inclusion of a balcony and a parking space further enhances the potential for rental income, making it a compelling option in a sought-after South Bank location.

With a renovation budget estimated between £20,000 and £50,000, there is ample scope for improvement to create a more contemporary living environment. The property is conveniently located near local amenities and excellent transport links, ensuring it remains desirable for both personal use and as a rental investment. Overall, while the project is light and the interior needs work, the potential for value creation is certainly there.