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See how verdicts work2-bedroom flat · SE3 0NZ
For saleReduced £25k (−4%) on 27 AugListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brickworks says Set on the first floor of The Paragon - a Grade I listed building historian Nikolaus Pevsner described as “one of the finest Georgian crescents in England” - this two-bedroom apartment occupies a remarkable piece of architectural history in the heart of Blackheath.
Reconfigured for modern life but still unmistakably Georgian at heart, the home unfolds from a smart lobby into a series of bright, beautifully proportioned spaces.
At its centre is a dramatic double-height living room, with an extraordinary curved tripartite bay window drawing in light.
Sitting, dining and kitchen areas flow easily together, creating a calm, sociable atmosphere.
The kitchen introduces a softer contemporary layer, with chalky duck-egg-blue cabinetry and dark marble worktops sitting comfortably against original detailing.
The principal bedroom has a lovely sense of character, with custom pea-green joinery, original tiling and a crescent-shaped hearth, while the second bedroom feels quieter and more cocooning, complete with shuttered sash windows and built-in storage.
Blackheath itself needs little introduction: Village vibe, excellent coffee, proper pubs and the Heath stretching out at the end of the road.
Greenwich is close by when you want it, and central London is comfortably within reach.
The owner says We never get sick of the gorgeous light that fills the space and the way it changes throughout the day, especially in the late afternoon.
Having greenery and open space on all sides makes you forget you’re in London - this is a flat that makes you feel like you’re perpetually on holiday!
We also love the breeze through from the bedroom to the living room when the windows are open (which cools the flat beautifully in summer), the high ceilings, and the large main bedroom which is a peaceful, spacious haven.
And of course, though it probably goes without saying, the curved windows. Lastly, the back garden is such a treat, it really is like having a private park.
Perfect for wandering, contemplating and reading. Or having the first tea or coffee of the day on one of the benches scattered around. Bliss!
Points to consider Energy Performance Certificate (EPC): Current Energy Rating D. Potential Energy Rating C. Council Tax: Band D in the borough of Greenwich. £2,107.86 in 2025/26.
Utilities: Current monthly costs are approx: Electricity and Gas £94 Water is covered in the service charge. These figures naturally change seasonally.
Tenure: Share of Freehold, with 998 years left on the lease. Service charge: £2,974.27 per year.
This covers: Maintenance, pest control, garden services, fencing repairs, bin washing, accounting and management services, and health and safety assessments.
Redwood Estate Management Ltd manage the building’s services. Ground rent: None. Neighbours: In the building, there are six flats in total. EWS1: The building is exempt.
Getting around: Blackheath station is a 10-minute walk away, and provides direct, frequent connections to central London hubs like London Bridge, Waterloo East, Charing Cross and London Victoria.
The A2 is just minutes away by car, and links to the M25 and M20, making weekend getaways all the easier.
Each apartment is permitted to park one private vehicle on the driveway, subject to availability. Onward plans: The current owner is moving to be closer to family.
Anything else: Built between 1794 and 1806, The Paragon was developed by architect Michael Searles, contractor William Dyer and landowner John Cator, who acquired the 300-acre Wricklemarsh Estate in the 1780s.
As the first development on the development, The Paragon now forms the northern edge of the Cator Estate - a 282-acre collection of private roads and exceptional Georgian architecture, through to the present day.
Residents have access to expansive communal gardens to the front and rear, with sweeping lawns and mature trees creating a rare sense of space and calm.
Each summer, the gardens host the annual Paragon Court barbecue - a longstanding tradition that brings the community together.
The legal bit While we strive to create true-to-life photographs, floor plans and descriptions, our marketing material is only a guide.
Purchasers should always visit in person, ask relevant questions and triple-check details.
Brickworks takes our duty of care incredibly seriously and takes all reasonable steps to ensure all presented information is correct.
However, we sometimes rely on the accuracy of the information provided to us by the seller and others.
Also, please note that we often round up/down total floor plan measurements and/or use approximate distances.
EPC Rating: D Communal Garden Residents have access to expansive communal gardens to the front and rear, with sweeping lawns and mature trees.
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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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.
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FAQ
About Flat 4, 11 The Paragon, London
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