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I put the rent lower than what I see some places in the same block going for just as a worse case scenario. It's ex council in Woolwich so not really prime. Maybe that's the slum lord part.
sohi-
Rents are going down at the moment despite property having a stamp duty boom.
You can get a nice enough 2 bed in Woolwich for £1k at the moment:
https://www.zoopla.co.uk/to-rent/details/56749857?search_identifier=07680edfb97a91345b698b006eb940d6 -
BRB going to put a family of 8 in a one bedder in Charlton
JonoMarshall
NotThamesWater
1,100 rent on a 200k property? Where is that?