2-bedroom flat · SE14 6BS
For saleListed 23 days
Opportunity summary
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About
Panelling along the hallway gives the flat character from the moment you step through the door. The reception room opens onto the first of two private balconies.
Both face west, so they catch the sun from lunchtime into the evening.
The kitchen is a great size, fitted with integrated Siemens appliances and a custom breakfast bar, and the tiling has just been updated throughout. Both bedrooms are large doubles.
The main bedroom has its own en-suite with a striking feature wall. The second bedroom has its own private balcony for morning coffee, and works just as well as a home office or guest room.
A separate main bathroom serves the second bedroom and guests. Residents have an on-site concierge, communal landscaped gardens and secure cycle storage.
The flat is held on a 993-year lease, carries an EWS1 form with newly issued certificates, and is still covered by its NHBC warranty. Fibre broadband is available.
The development sits on the site of a Victorian iron foundry, and its design nods to that industrial past.
Deptford has been making things for centuries – first as Henry VIII's royal dockyard, then as home to the foundry that gives this development its name.
Today that spirit lives on in the 450-plus artists, designers and makers who work in the studios on site, and in the Deptford X festival that fills the area with open studios and installations each year.
Step out and the neighbourhood is on your doorstep.
Deptford High Street hosts one of south-east London's longest-running street markets, while the railway arches of Deptford Market Yard are lined with independent cafés, bars and restaurants.
The Albany arts centre and Goldsmiths, University of London, in New Cross bring theatre, gigs and a steady stream of creative energy.
For fresh air, Folkestone Gardens, Deptford Park and Fordham Park are all a few minutes' walk, and the Thames Path is around five minutes away.
Follow the river east and you reach Greenwich – its Royal Park, covered market and UNESCO World Heritage riverside – within a short walk or a single stop by train. Getting around is easy.
New Cross and Deptford stations are both within 12 minutes' walk, with trains to London Bridge in around 7 minutes and Cannon Street in around 10.
The Overground links you to Shoreditch and Dalston, the DLR at Deptford Bridge runs to Canary Wharf, and regular buses cover everywhere in between.
Details Tenure: Leasehold Lease length: 993 years remaining (999 years from 2020) Ground rent: £470/year Service charge: £3860/year Council tax band: D EPC rating: B (Valid until 3 March 2029) Disclaimer Felicity J Lord Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Felicity J Lord Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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.
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About Deptford Foundry, LONDON
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