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See how verdicts work2-bedroom flat · SE3 9AD
For saleReduced £20k (−6.7%) on 30 SepListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity for first-time buyers to step onto the property ladder, this beautifully presented two double bedroom first-floor apartment offers spacious, low-maintenance living in an exclusive setting.
Accessed via the ever-popular Blackheath Cator Estate, the property is one of just two apartments sharing its private entrance, creating a greater sense of privacy and exclusivity than many larger developments.
Modernised in 2018, the apartment has been exceptionally well maintained by the current owner and is ready for its next chapter.
Bright and well-proportioned throughout, it offers two generous double bedrooms and a stylish, contemporary finish, making it an ideal home for buyers looking to move straight in.
Perfectly positioned just 0.7 miles from Blackheath Village and Blackheath Station, the apartment offers easy access to an excellent selection of independent cafés, restaurants, boutique shops and green open spaces, while providing convenient rail links into Central London.
Further benefits include low service charges and the added peace of mind that the lease is currently being extended from 88 to 178 years, allowing the new owner to enjoy the advantages of a longer lease on completion.
Tenure Leasehold Lease Length - 125 years from 14th May 1990 - 178 Years offered on Completion Ground Rent - £10 pa Service Charge - £700 pa Local Authority Greenwich - Council Tax Band B Energy Efficiency Rating - F
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 129A, Casterbridge Road, London
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