Gateway, Elephant and Castle
By HMO Sales Expert
£ 3,500,000
Reviews
2 out of 5 stars
HMO Sales Expert says ..
Rare opportunity to acquire 10 fully tenanted HMOs in prime central London locations (SE17, SE5, SE8, SW9) generating in the region of £325,000 PA with a 9.29% gross yield. Strategically positioned in high-demand areas, this portfolio offers strong rental demand, capital growth potential, and opt...
Property Oracle says ..
The property is located in a convenient location, close to Elephant and Castle station, providing easy access to public transportation. Several schools are within a reasonable distance, including highly-rated schools like John Ruskin Primary School. The area appears to be well-served by amenities, although further details on the immediate vicinity would be needed for a more comprehensive assessment. Based on the provided images, the property appears to be a large multi-unit building. The exterior shows signs of age but seems to be generally well-maintained. Interior images show what appears to be recently updated kitchens, suggesting some level of recent renovation or refurbishment in at least some units. A more thorough inspection would be needed to assess the overall condition of the entire property. The property does not appear to have any significant land associated with it, based on the provided plot size of 0.00 sqft. This is typical for properties in densely populated urban areas like Elephant and Castle. The list price of £3,500,000 for a property with 36 bedrooms and 10 bathrooms in this location requires further analysis. The provided data on nearby properties is limited and lacks square footage information, making direct price comparisons challenging. Given the size and number of units, the price per square foot is very low, however this is likely due to the fact that the property is a multi-unit building. A detailed financial analysis comparing the price to similar multi-unit properties in the area, including rental income potential, is necessary to determine if the list price is reasonable. The lack of information on the property’s current rental income prevents a complete assessment of its value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 7
- Location
- 8
- Land
- 1
- Bedrooms
- 36
- Bathrooms
- 10
- Sqft (est)
- 411.72
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 448,750.00 £Increased by 43.15 %
- Est sale value
- 144,102.00 £Increased by 2.64 %
- Average area rental value
- 1,650.00 £/moIncreased by 60.98 %
- Est letting value
- 411.72 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.41 %Increased by 12.50 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
HMO Sales Expert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Peter'S Church Of England Primary School | Voluntary Aided School | Good | 0.28 KM |
| John Ruskin Primary School And Language Classes | Community School | Outstanding | 0.31 KM |
| St Paul'S Church Of England Primary School | Academy Sponsor Led | 0.57 KM | |
| Robert Browning Primary School | Community School | Good | 0.58 KM |
| Michael Faraday School | Community School | Good | 0.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dartford Street | £ 525,000 | 0 | 0.00 KM |
| Arnside Street | £ 0 | 0 | 0.00 KM |
| Red Lion Close | £ 0 | 0 | 0.00 KM |
| Silverthorne Lofts | £ 433,333 | 0 | 0.00 KM |
| Boundary Lane | £ 495,931 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Elephant And Castle | 5246 | EPH | 1.21 KM |
| Denmark Hill | 5421 | DMK | 1.85 KM |
| Loughborough Junction | 5082 | LGJ | 2.14 KM |
| London Bridge | 5148 | LBG | 2.52 KM |
| Waterloo East | 5158 | WAE | 2.75 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dartford Street, London, SE17 | £ 200,000 | BUY | 5 / 10 | 0.06 KM |
| Dartford Street, London, SE17 | £ 160,000 | BUY | 6 / 10 | 0.06 KM |
| Camberwell Road, London, SE5 | £ 385,000 | BUY | 5 / 10 | 0.06 KM |
| Dartford Street, Walworth, SE17 | £ 285,000 | BUY | Unknown | 0.06 KM |
| Dartford Street, Elephant and Castle, London, SE17 | £ 250,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40a Camberwell Road | £ 66,000 | 0.06 KM |
| 9 John Ruskin Street | £ 170,000 | 0.09 KM |
| 21a John Ruskin Street | £ 499,950 | 0.09 KM |
| 51b Camberwell Road | £ 118,500 | 0.09 KM |
| 18b John Ruskin Street | £ 380,000 | 0.12 KM |