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See how verdicts work2-bedroom flat · SE18 4PR
For saleReduced £25k (−5.9%) on 13 AugListed 510 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive and spacious two double bedroom first floor apartment in a fantastic position within the historic grade II listed Royal Herbert Pavilions development.
The property is in excellent condition throughout and briefly comprises; a large (16'10x12'4) reception room, two great size double bedrooms, both with built in storage as well as a separate kitchen and modern family bathroom.
The apartment offers high ceilings throughout and further benefits from being sold chain free. This is a lovely home and your immediate viewing is a must.
Video tour can be seen at The historic Grade II listed Royal Herbert Pavilions is a sought after private development. It is a conversion of the old military hospital which was built in 1865.
Features of the development include the use of fitness centre, an indoor swimming pool, Jacuzzi, sauna, gymnasium, tennis court, residents bar to relax in and vast landscaped communal gardens.
The Royal Herbert Pavilions is a 12mins bus ride to Woolwich DLR and Crossrail, 15mins bus ride to Blackheath, Kidbrooke or Eltham train stations.
Lease remaining: 125 years from 1992 (share of freehold) Ground Rent: Tbc Service Charges: £4069 includes leisure club, building insurance and reserve fund Local Authority: Greenwich Tax Band: D N.B.
These details have been provided by the vendor. Any interest party should have these checked by a solicitor as part of the purchase process.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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.
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