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Rivet House, Southwark, London SE1 - Image 1
Rivet House, Southwark, London SE1 - Image 2
Rivet House, Southwark, London SE1 - Image 3

Rivet House, Southwark, London SE1

London

£335,000
Listed on 26/04/2026

Property Details

Bedrooms
3
Type
Flat

Description

This three-bedroom split-level apartment within the Rivet House development presents a compelling opportunity for those interested in a revitalization project. The property requires comprehensive modernization, making it a prime candidate for investors or families keen on tailoring their living space to fit personal tastes. With a total area of approximately 840 sq ft, the apartment features generous proportions and well-lit rooms. The first floor hosts a spacious reception room with access to a private balcony, along with a separate kitchen awaiting updates. The upper floor includes three sizable bedrooms that benefit from natural light, as well as a separate bathroom and WC. Ample built-in storage throughout adds to the functionality of the space. Conveniently located just off Old Kent Road, residents will find easy access to an array of shops, cafes, and amenities in addition to nearby Burgess Park. Transport options are plentiful, with bus routes linking directly to London Bridge and the City; South Bermondsey station is about a 19-minute walk away for National Rail services, while Elephant & Castle and Bermondsey stations offer Underground access. This property is being sold with vacant possession.

Investment Analysis

(SE1 area)
Area Average
£896/sq ft
Avg Rent (weekly)
£644
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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 -2.0% over the last 12 months
3 year growth: -12.0%
5 year growth: -26.9%
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

Rivet House, Southwark, London SE1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,195
Based on a loan of £251,250 over 30 years at 3.97% 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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