Studio flat · SE18 2QN
Listing removedListed 135 daysAuction 23 Jun · ended
Opportunity summary
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About
Strapline Auction Sale - 23/06/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A two storey end of terrace building comprising 2 x two bedroom maisonettes situated on a site of approximately 2,751 with further development potential (subject to requisite consents), well located for the shopping and recreational amenities of Woolwich and Plumstead- Part Vacant Investment let at £15,600.00 per annum Description A two storey end of terrace building Comprising 2 x two bedroom maisonettes Rear garden Off-street parking Virtual Tour Location Located near to the junction of Macoma Terrace and Macoma Road Shopping facilities are easily accessible in the centres of Plumstead and Woolwich Recreational amenities of Plumstead Common and Winn's Common are within close distance Transport National Rail- Plumstead Tenancy Ground Floor Flat- Let on a Periodic Tenancy at a current rent of £1,300.00 per calendar month (holding over) Accommodation Ground Floor- Entrance Hall, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC First Floor- Reception Room, Two Bedrooms, Kitchen, Bathroom/WC
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 15 Macoma Terrace, London
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