Guide price
£875,000
3 bed block of flats for sale388C Old Kent Road, London, Southwark SE1
3 beds
3 baths
Auction
Freehold
About this property
For sale by auction 29th October 2026 at 12:00 £875,000 plus
Freehold mixed-use property comprising three flats and retail unit
Location & Description
A substantial four story freehold property comprising a ground floor retail unit and 3x 1 bedroom flats situated on the ground, first and second floors.
The property is prominently situated on Old Kent Road (A2), within the London Borough of Southwark, approximately two miles south-east of Central London. The surrounding area provides a wide range of shops, supermarkets, cafs and local amenities, with Burgess Park nearby. Excellent bus services operate along Old Kent Road, providing connections towards Elephant & Castle, London Bridge, Peckham and Central London, while Bermondsey Underground and South Bermondsey railway stations are both approximately 0.9 miles away.
Accommodation
Ground Floor: Retail unit with basement
First Floor: One bedroom flat
Second Floor: One bedroom flat
Third Floor: One bedroom flat
Total gia: 2,499 sq ft (232.1 sq m)
Tenancy Details
Retail Unit:
Flat A: Let at £1,500pcm (£15,000 p.a.)
Flat B: Let at £1,225pcm (£14,700 p.a.)
Flat C: Currently vacant
Note
Auction Surveyor: Stuart Mackay
Contact: /
producing XX with one vacant flat
Freehold mixed-use property comprising three flats and retail unit
Location & Description
A substantial four story freehold property comprising a ground floor retail unit and 3x 1 bedroom flats situated on the ground, first and second floors.
The property is prominently situated on Old Kent Road (A2), within the London Borough of Southwark, approximately two miles south-east of Central London. The surrounding area provides a wide range of shops, supermarkets, cafs and local amenities, with Burgess Park nearby. Excellent bus services operate along Old Kent Road, providing connections towards Elephant & Castle, London Bridge, Peckham and Central London, while Bermondsey Underground and South Bermondsey railway stations are both approximately 0.9 miles away.
Accommodation
Ground Floor: Retail unit with basement
First Floor: One bedroom flat
Second Floor: One bedroom flat
Third Floor: One bedroom flat
Total gia: 2,499 sq ft (232.1 sq m)
Tenancy Details
Retail Unit:
Flat A: Let at £1,500pcm (£15,000 p.a.)
Flat B: Let at £1,225pcm (£14,700 p.a.)
Flat C: Currently vacant
Note
Auction Surveyor: Stuart Mackay
Contact: /
producing XX with one vacant flat
Mortgage calculator
Monthly repayment
£4,377 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}