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See how verdicts work2-bedroom flat · DA17 5BF
Listing removedReduced £45k (−18.8%) on 21 JunListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Ruskin Road in Belvedere, this well proportioned apartment offers one of the larger and more interesting layouts within the building and presents an excellent opportunity for buyers looking to modernise and add value.
While the property now requires updating, the space, layout and outlook provide the perfect foundations to create a genuinely lovely home.
The accommodation is arranged around a central hallway and flows well throughout.
The kitchen and reception room measures approximately 16ft x 16ft, offering a generous open living space with clear scope to create a modern kitchen and comfortable lounge and dining area.
Its elevated position provides open views, which further enhance the sense of space and light. There are two well sized bedrooms, both comfortably proportioned for practical everyday use.
The main bedroom measures approximately 13ft x 12ft and easily accommodates a double bed with additional furniture, while the second bedroom, measuring around 12ft x 8ft, works perfectly as a guest room, home office or child’s bedroom.
The bathroom sits centrally within the apartment and, while dated, offers good dimensions for a contemporary refit.
A particular advantage of this property is its unique layout and overall size, extending to approximately 619 sqft, which is larger than many comparable apartments within the development.
The property also benefits from parking, an increasingly important feature for both owner occupiers and investors. The location is a key selling point.
Ruskin Road is exceptionally well placed for transport, making it ideal for commuters.
Belvedere Station is within easy reach, offering regular services into London Bridge, Cannon Street and Charing Cross.
Abbey Wood is also readily accessible, providing direct access to the Elizabeth Line and significantly enhancing connectivity across London. Road links via the A2 and M25 are equally convenient.
A range of local schools, shops and amenities are close by, further supporting the property’s appeal to both homeowners and tenants.
For landlords, this represents a strong investment opportunity, driven by demand for well sized apartments with parking and excellent transport links.
For first time buyers, it offers a chance to secure a spacious first home with the ability to add value over time.
In summary, this is a larger than average apartment with great views, parking and outstanding transport connections, offering clear potential for improvement and long term growth.
A smart and well balanced opportunity in a highly accessible Belvedere location.
Lease - 125 Years from 1st January 2005 (105 years remaining) Service Charge - £1,800 pa Ground Rent - £100 pa London Borough of Bexley - Council Tax Band - C Energy Efficiency Rating - C
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.
Area
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FAQ
About 67, Ruskin Road, Belvedere
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