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See how verdicts work4-bedroom house · SE28 8PU
For saleListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on the desirable Watersmeet Way in London SE28, this spacious freehold residence provides flexible living across three well-maintained floors.
Presented in good condition, the property has been thoughtfully extended and adapted, offering up to four generous bedrooms and three modern bathrooms - making it an ideal choice for larger families, investors, or even those seeking multi-generational living arrangements.
Upon entering on the ground floor, you'll find a cleverly designed layout that seamlessly blends comfort with practicality.
The property features a three-bedroom main house, elegantly appointed, with the beneficial addition of a fully self-contained one-bedroom flat.
This versatile annexe is equipped with its own kitchen and bathroom, perfect for guests, live-in relatives, or generating additional rental income.
The main accommodation boasts two contemporary kitchens, catering perfectly for large households or those who love to entertain.
Ample natural light floods through the home, creating a contemporary atmosphere throughout.
Spacious living areas are complemented by well-proportioned bedrooms and stylish shower suites, providing plenty of space for rest, work or study.
To the rear, enjoy a private back garden - an inviting green space perfect for relaxing, summer barbecues, or pets to roam. There is ample on-street parking available for both residents and guests.
Situated in the vibrant SE28 district, Watersmeet Way lies within easy reach of local amenities, reputable schools and attractive green spaces such as Thamesmead Greenway and the picturesque banks of the River Thames.
Excellent transport links make commuting straightforward, and the area's growing selection of restaurants, shops and cafes ensure every day convenience is on your doorstep.
A home that expertly marries practicality and comfort, this is a unique opportunity not to be missed. Secure your viewing today to truly appreciate what this remarkable property has to offer.
Council Tax Band: D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 38, Watersmeet Way, London
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