5 Guild House, 393 Rotherhithe New Road, Bermondsey, London, SE16 3FN

Description

A Vacant Second and Third Floor Two Bedroom Split Level Flat. The property comprises a second and third floor two bedroom split level flat situated within a purpose built block arranged over ground and 6 upper floors.

Accommodation

Second Floor: Reception Room with open plan Kitchen; WC. Third Floor: Two Bedrooms (One with En-Suite); Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Burgess Park are within easy reach. Transport links are provided by Bermondsey Station underground station (Jubilee line) and Queens Road Peckham rail station.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed £435,000 sale at Guild House, 393 Rotherhithe New Road, on 5 May 2026. This is the same building and provides the best base GDV indication. The £520,000–£540,000 sales at nearby buildings support an upper scenario only, but may not be directly comparable. The £310,000+ guide is materially below the same-building sale, although the eventual auction price is unknown.

Investment Snapshot

Strategy Recommendation

Potential BTL at or near the guide, subject to confirming the achievable rent, service charge, ground rent, legal-pack terms and total auction costs. BRRR may be viable only if the purchase price remains low and refinance terms support the required capital.

Works Required

No refurbishment works are evidenced. The flat is described as vacant and has an EPC rating of B; confirm condition, fixtures, services and any required works through inspection and the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV of £435,000, a 75% refinance would be approximately £326,250. The refinance position and cash left in cannot be established because refurbishment costs, leasehold costs and the eventual purchase price are unknown. The long lease is supportive, subject to legal-pack review.

Buy-to-Let Analysis

At the £310,000 guide, the advertised £2,300 pcm rent implies annual rent of £27,600 and a gross yield of approximately 8.9% before finance, service charge, ground rent, management, maintenance, voids and tax. The rent is an advertised asking rent, not an achieved or passing rent. Leasehold costs and letting suitability require verification.

Flip Analysis

The same-building £435,000 completed sale indicates potential gross resale value against the guide, but a reliable flip surplus cannot be calculated because works, selling costs, purchase price, finance costs and any applicable auction disbursements are not fully evidenced. Nearby higher sales are not treated as a firm resale value.

Investor Risks & Due Diligence

• The £2,300 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Service charge, ground rent, insurance and other leasehold costs are not supplied.

• Auction disbursements may become payable under the legal pack.

• The eventual purchase price may exceed the £310,000 guide.

• The higher nearby sales may not be directly comparable with this flat.

• Condition, inspection findings and detailed legal-pack matters are not supplied.

Recommendation

Potential BTL at or near the guide, subject to confirming the achievable rent, service charge, ground rent, legal-pack terms and total auction costs. BRRR may be viable only if the purchase price remains low and refinance terms support the required capital.

Strategy Rating

Analysis Confidence

There is a recent same-building completed sale, a rental asking-price indication and clear tenure/occupancy information. However, condition, leasehold charges, achieved rent, disbursements, selling costs and the eventual auction price are unavailable.