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See how verdicts workStudio flat · SE13 5RU
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and good sized studio flat found on the first floor of this small modern block with lovely communal gardens and residents parking, in this superbly located gated community.
The property is in excellent decorative order with a lovely kitchen and a very attractive modern bathroom with a shower.
This peaceful development is really convenient, with the local shops and restaurants of lee high road on your doorstep and it’s within a 20 minutes’ walk of Blackheath Village and Station and Lewisham Station and DLR (Zone 2), with fast services to London Bridge which take just seven minutes, Cannon St, Waterloo East, Charing Cross and Victoria and Canary Wharf takes just 17 minutes.
Lewisham is currently undergoing a massive regeneration project which will extend next to the Shopping center, so a great area.
The Heath is only a short walk as is Blackheath Village, Greenwich Park, the oldest Royal Park in the country, and Royal Greenwich, a unesco World Heritage Site, home to some of the finest historic buildings in the country.
The lovely park at Manor House Gardens in Hither Green with a café and tennis courts is an eight minutes’ walk and the O2 is close by, the world’s most popular music venue, as is the river bus service and the foot tunnel under the river.
There is no chain, the rental yield is a superb circa 7% and viewing is highly recommended.
Under the Estate Agents Act it is incumbent on us to disclose that a member of staff has an interest in this property.
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
Agent & docs
FAQ
About 79, Celestial Gardens, Lewisham
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