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See how verdicts work3-bedroom flat · DA7 5AE
Listing removedReduced £20k (−9.1%) on 20 JunListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Low Lease* Sitting above the Long Lane parade, this oversized split-level maisonette delivers three genuine double bedrooms and serious square footage, measuring approximately 1,046 sqft.
There is a large reception room, a separate kitchen with balcony, eaves storage, and allocated parking tucked away to the rear.
It is chain free, has low maintenance charges and requires modernising, which is precisely why it is a superb blank canvas.
With a short lease of 56 years remaining and a projected yield north of 9.2%, it represents a strong option for cash buyers and seasoned landlords, while first-time buyers will see the long-term value in both the space and the setting.
The location is a major advantage.
Everyday shops and cafés are right on your doorstep, while Bexleyheath Broadway and the Broadway Shopping Centre are just a short walk away, offering over 60+ stores along with a wide choice of restaurants and coffee spots.
Transport connections are excellent, with bus routes including the 89,229 and N89 running along Long Lane and providing quick access to Abbey Wood for the Elizabeth line (11 minutes).
Bexleyheath mainline station is also within easy reach, giving direct services to London Bridge in around 30 minutes, as well as trains to Charing Cross and Cannon Street, making this an ideal base for both City and West End commuters.
Families will appreciate the excellent choice of schools nearby.
St Thomas More Catholic Primary is rated Outstanding by Ofsted, as is Townley Grammar, while Upland Primary and Bexleyheath Academy are both rated Good.
With such a strong selection within easy reach, the area is well suited to buyers looking for long-term convenience and quality education options.
This is a substantial split-level home right on the high street, complete with parking, chain-free convenience, powerful transport links and excellent local schooling.
It is ripe for refurbishment, primed for yield, and a smart first step on the ladder. Viewings are strictly by appointment only, call us today on for more information.
Leasehold - Lease Length: 56 Years Remaining Service Charge: £624 pa Ground Rent: £100 pa London Borough of Bexley - Council Tax Band: B Energy Efficiency Rating: C
Value & comps
No previous sales on record.
Returns
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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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FAQ
About 149A,, Long Lane, Bexleyheath
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