3-bedroom terraced house · SE28 8PE
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £375,000 -£400,000 *** Offered chain free is this three bedroom, family home, located in Thamesmead.
Conveniently located for access into Abbey Wood for the Elizabeth line and local amenities. Key terms This property is within easy reach of Abbey Wood.
Abbey Wood, named after the ancient woodlands that surround the remains of Lesnes Abbey founded in 1178, has an abundance of open spaces with Bostal Heath and Lesnes Abbey being the most popular, along with miles of Green Chain walks.
The opening of the Elizabeth line has resulted in a dramatic increase in demand for properties in this area. Hall: Double glazed window to front, stairs to first floor, Storage cupboard under stairs.
Kitchen/Breakfast Room: (19' 4" x 8' 4" (5.9m x 2.54m)) Double glazed window to front, double glazed doors to garden, wood style laminate flooring.
Fitted with a range of wall and base units with complementary work surfaces. Stainless steel double gas oven and hob with filter hood, space for appliances.
Living/Dining Room: (13' 4" x 13' 0" (4.06m x 3.96m)) Double glazed window to rear, wood style laminate flooring. Landing: Double glazed window to front, carpet as laid, access to loft.
Bedroom 1: (13' 4" x 8' 4" (4.06m x 2.54m)) Double glazed window to rear, carpet as laid. Bedroom 2: (13' 3" x 6' 6" (4.04m x 1.98m)) Double glazed window to rear, carpet as laid.
Bedroom 3: (10' 3" x 6' 3" (3.12m x 1.9m)) Double glazed window to rear, carpet as laid. Bathroom: Double glazed window to front, tiled walls, tiled flooring.
Fitted with a two piece suite comprising: A panelled bath and wash hand basin. Separate WC: Double glazed window to front. Fitted with a low level WC. Rear Garden: Patio leading to lawn area.
Parking: Driveway to front.
Value & comps
No previous sales on record.
Returns
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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 24, Longworth Close, Thamesmead
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