2-bedroom flat · SE10 0NP
For saleReduced £20k (−3.6%) on 6 OctListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Guide Price £550,000 to £575,000* An outstanding two-bedroom, two-bathroom apartment, occupying the fifth(top) floor of a highly sought-after modern development on the Greenwich Peninsula.
Extending to an impressive 876 sq ft, this beautifully presented home features a superb 22-foot open-plan reception room with a contemporary kitchen fitted with high-specification integrated appliances and a central island, providing excellent additional workspace and a sociable entertaining area.
The reception room also offers direct access to a private west-facing balcony, perfect for enjoying the afternoon and evening sun.
There are two generous double bedrooms, including a spacious principal bedroom with two built-in wardrobes and a stylish en-suite shower room.
A modern three-piece family bathroom and two large storage cupboards, conveniently accessed from the entrance hall, complete this exceptional apartment.
Ideally positioned, the property is just a short walk from North Greenwich Underground station (Jubilee Line), offering fast and convenient connections to Canary Wharf, London Bridge and the West End.
The nearby O2 Arena provides an outstanding selection of restaurants, bars, entertainment venues and leisure facilities, while the surrounding riverside walks create an excellent lifestyle setting.
The area also benefits from a choice of well-regarded local schools and nurseries, making it an excellent location for families.
Further benefits include a residents' concierge service, a long lease and the advantage of being offered to the market with no onward chain.
Lease Length: 999 years (less 10 days) from and including 3rd April 2018 991 Years Remaining Ground Rent £400 pa Service Charge £3,444 pa Local Authority Greenwich Council Tax Band D Energy Efficiency Rating 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 Flat 504, Munyard House, 2, Latimer Square, London
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