2-bedroom flat · SE18 7JZ
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £275,000 - £300,000 Leasehold A well-proportioned two-bedroom Victorian basement flat, conveniently situated within walking distance of Woolwich town centre and its excellent range of shops, amenities and transport connections.
The accommodation comprises a welcoming entrance hall leading to a spacious lounge with an open-plan kitchen, creating a practical and sociable living space.
There is also a useful separate utility room, two bedrooms and a family bathroom.
A particular benefit of the property is access to a large communal garden, providing valuable outdoor space rarely found with properties of this type.
Ideally located for commuters, Woolwich offers excellent rail connections, including Elizabeth line, National Rail and DLR services, providing fast and convenient access across London.
Offering character, convenient transport links and generous accommodation, this Victorian home would make an excellent purchase for first-time buyers, commuters or investors.
Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Basement Flat, 223 Burrage Road, Woolwich
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