2-bedroom flat · SE8 4DA
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generously-proportioned and smartly-presented apartment has a reception room which leads out onto a good-sized balcony.
The stylish, open-plan kitchen features contrasting gloss white/wood grain units and integrated appliances.
The bedrooms are both comfortable doubles, there is an attractive bathroom and a pair of storage/utility cupboards have been provided in the entrance hallway.
Well insulated walls, modern double glazing and gas central heating make for a good energy-efficiency rating.
St Johns is the nearest station and provides a frequent service into London Bridge/Cannon Street. New Cross and Deptford Bridge are also within easy reach for London Overground and DLR respectively.
The shops, bars and restaurants of Deptford High Street are only a short walk away and Deptford Railway Station provides additional Thameslink services via Farringdon and St Pancras.
Permit parking is available within the development, if required. Tenure: Leasehold (125 years from 01/07/2016). Service Charge: £145.82 per month (subject to annual review).
Ground Rent: £250.00 for the year. Council Tax: Band C, London Borough of Lewisham.
Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer.
This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not.
If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). A parking permit costs £10 for the year.
The current owner informs us that there will be a temporary suspension of parking in the future for work to be carried out.
Reception 18' 0" x 17' 1" (5.49m x 5.21m) Kitchen Included in reception measurement Bedroom 1 12' 6" x 10' 9" (3.81m x 3.28m) Bedroom 2 14' 5" x 8' 7" (4.39m x 2.62m)
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
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