Summary - Flat 24 Martin House, Falmouth Road SE1 6QP
3 bed 1 bath Flat
Central SE1 flat ideal for refurbishment and rental potential.
Fourth-floor three-bedroom flat with generous reception room
This fourth-floor three-bedroom flat in SE1 offers clear refurbishment potential and a generous reception room that will appeal to investors or buyers comfortable with a project. The accommodation includes three double bedrooms with fitted cupboards, a separate kitchen, bathroom plus WC, and double glazing installed after 2002.
Situated moments from Elephant & Castle Underground and mainline stations, the property benefits from excellent transport links, nearby green spaces (Newington Gardens, Dickens Fields) and a wide range of local amenities along Walworth Road. The 702 sq ft layout is straightforward and can be reconfigured to improve rental yield or create a contemporary family home.
Important practical points: the building dates from the 1950s–1960s with solid brick walls likely lacking insulation, and the flat is sold leasehold with a modest reported ground rent (£10). The property needs renovation throughout, and the local area has above-average crime rates and high deprivation indicators — factors to weigh when assessing resale or rental prospects.
For an investor prepared to refurbish, this flat offers a central location and latent value driven by transport links and nearby amenities. Buyers seeking a move-in-ready, low-risk home should note the required works and local area challenges before proceeding.
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