2-bedroom flat · SE12 0UU
For saleReduced £10.1k (−3.2%) on 1 OctListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom split-level maisonette offers spacious and versatile living arranged over two floors, ideally positioned for the excellent transport links and amenities of Grove Park.
The second floor features a bright and generous reception room with pleasant views towards the surrounding green space, alongside a separate fitted kitchen.
Upstairs, there are two well-proportioned double bedrooms and a modern family bathroom.
Residents also benefit from access to well-maintained communal gardens, with ample car parking available directly outside the block.
A large gym, library and child and elderly care facilities are all within a few minutes' walk, while regular bus services from the nearby local bus garage provide convenient connections towards Canary Wharf and beyond.
Grove Park Station is also within easy reach, offering direct links into Central London.
Offered chain free, this spacious maisonette is an excellent choice for first-time buyers, professionals or investors, combining generous living space with a convenient and well-connected location.
The property is located moments from Grove park Station which quickly gets you into Central London, the property is also walking distance to all amenities in Grove Park.
Sandstone Road also has the added benefit of being within close proximity to local amenities in Lee.
Tenure: Leasehold Lease Years Remaining: 197 Service Charge: £1,531 (Yearly) Annual Ground Rent: £10 Council Tax Band: B
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 28, Sandstone Road, London
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