3-bedroom terraced house · SE10 0JU
For saleReduced £25k (−5.3%) on 14 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description * This Victorian terraced house is located in East Greenwich and has been used for many years as a rental / HMO-style property, achieving good rental income.
* The layout currently includes three bedrooms upstairs and a bathroom. Two large bedrooms and one smaller (the larger rooms have hand basins).
* There are two reception rooms on the ground floor, both previously used as bedrooms - one having and en-suite shower room/toilet and the other with a hand basin.
* The kitchen is compact and there is a small courtyard to the rear. The property has gas central heating and double glazed windows.
* Ideally positioned for commuters, with easy access to North Greenwich Underground Station (Jubilee Line) and Westcombe Park train station.
* This is a practical purchase for someone looking to continue letting, reconfigure as an HMO (subject to requirements) or convert back into a family home.
Vacant Possession Council Tax Band: C (Greenwich Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 66 Woolwich Road, London
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