Summary - 9 FLAT 101 STEEDMAN STREET LONDON SE17 3BA
2 bed 1 bath Apartment
Spacious Zone 1 apartment with strong rental upside and concierge service.
- Almost 1,000 sq ft open-plan living space
- Convertible to 3-bed by partition (SSTP)
- Current rental income £33,000 pa; potential ~£39,000 pa
- 24-hour concierge and dual-access balcony
- Zone 1 location; moments from Elephant & Castle station
- 101 years remaining on lease (leasehold)
- One year free tenant-find/management for investors
- Area has above-average crime rates
This spacious two-bedroom apartment in Zone 1 offers nearly 1,000 sq ft of open-plan living and strong rental performance — ideal for buy-to-let investors. Set within the South Central development, the flat benefits from 24-hour concierge service, solid wood floors, a dual-access balcony, and excellent transport links at Elephant & Castle station. One year’s free tenant-find or management service is included for investor buyers.
The layout is flexible: with landlord planning permission (SSTP) the living space can be partitioned to create a third bedroom, which market estimates suggest could lift rental income to around £39,000 per year. The property is modern and largely turnkey, with integrated kitchen appliances and good natural light from large windows.
Buyers should note material points: the property is leasehold (101 years remaining) and sits in an area with above-average crime rates. The wider neighbourhood is an inner-city, multicultural student area undergoing regeneration — this supports rental demand but may not suit those seeking quiet suburbia.
Overall, this apartment represents a clear investment play: central location, flexible layout and immediate rental income, balanced against leasehold tenure and location-related considerations.
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