Summary - 71 FLAT 1 THURLOW PARK ROAD LONDON SE21 8JP
1 bed 1 bath Block of Apartments
Seven flats: four studios and three two-bedroom units
An attractive late-Victorian red-brick block arranged over lower-ground, raised ground, first and attic floors, currently configured as seven self-contained flats (four studios, three two-bed). Six of the seven units are let to referenced professional tenants, producing a passing rent of £100,320 pa and a projected fully-let income of £126,720 pa once the final 2-bed flat is returned to market after refurbishment (due September 2025). The building benefits from up-to-date EICR, gas safety and fire safety certificates, and selective licensing compliance.
The property sits on Thurlow Park Road in West Dulwich (SE21) close to good schools and local amenities. The frontage features period bay windows, decorative gables, high ceilings internally and a small forecourt that can accommodate bins and one to two vehicles. Fast broadband and excellent mobile signal support continued rental demand from professional and tech-worker tenants in this inner-city cosmopolitan area.
This is aimed at investors seeking a medium-sized multi-family freehold with immediate income and short-term rental uplift potential once the refurbished flat is let. Commercial Stamp Duty rates apply to the purchase; buyers should factor transaction taxation, professional fees and the known short refurbishment programme into acquisition costs. Note the locality records above-average crime and higher area deprivation metrics—relevant to tenant screening and insurance costs.
Overall the block offers stable, professionally-managed rental income with period character and scope for asset management. The principal drawbacks are the single-unit refurbishment currently outstanding, local crime statistics, and the requirement to budget for ongoing landlord obligations and periodic capital maintenance typical of Victorian conversions.
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