1-bedroom flat · SE6 1LA
For saleReduced £25k (−12.5%) on 22 SepListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Acorn are delighted to welcome to the market this bright and airy Super Studio apartment, close to Hither Green Station.
Offered chain free, the apartment boasts fitted kitchen with ample units, bathroom, large light lounge area, and separate double bedroom space with double doors to close the space off.
This popular development has residents parking and well maintained communal grounds, and offers plenty of bus routes, as well as being just over a mile away of Hither Green Station.
Tenure - Leasehold Lease Lenth - 189 years from 1 September 1991 (154 Years Remaining) Service Charge - £2,004 pa Ground Rent - £150 pa London Borough Of Lewisham - Council Tax Band B Energy Efficiency Rating - D
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
FAQ
About Flat 22, Mcmillan Court,, Cumberland Place, London
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