1-bedroom flat · SE3 8UD
For saleReduced £25k (−9.1%) on 7 OctListed 76 days
Opportunity summary
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About
Occupying a peaceful position on the first floor of an attractive development within the highly regarded Rectory Fields Conservation Area, this beautifully presented one-bedroom apartment extends to approximately 529 sq.
Ft. (49.1 sq. M) and enjoys delightful leafy views across beautifully maintained communal gardens.
Nestled on an exceptionally quiet residential road, the property offers the perfect balance of tranquillity and convenience, making it an excellent first-time purchase, London pied-à-terre or investment opportunity.
A welcoming entrance hall provides excellent built-in storage and leads through to a bright and spacious reception room, flooded with natural light and enjoying an attractive outlook over the communal gardens.
The separate kitchen is well-appointed with ample worktop and cupboard space, offering practicality without compromising on space.
The generous double bedroom benefits from a peaceful garden aspect and comfortably accommodates additional furniture, whilst the modern shower room completes the accommodation.
The beautifully maintained communal gardens provide a wonderful extension of the living space, creating a peaceful setting rarely found so close to excellent transport links and local amenities.
Perfectly positioned within the sought-after Rectory Fields Conservation Area, just moments from the Blackheath Royal Standard, the property enjoys easy access to an excellent selection of amenities, including an M&S Simply Food, independent cafés, shops and a library.
Westcombe Park Station is within walking distance, providing fast and frequent services to London Bridge, Cannon Street and Canary Wharf via the Elizabeth Line interchange, while Greenwich Park, Blackheath Village and the historic Royal Greenwich are all close by, offering an exceptional choice of restaurants, boutiques, pubs and expansive green open spaces.
Leasehold Lease Length: 125 from 4th February 2002 – 101 years remaining Ground Rent: £10pa Service Charge: £1,536 pa Greenwich Council - Tax Band: B Energy Efficiency Rating: D
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 22, Icough Court, 40, Hassendean Road, London
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