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See how verdicts work2-bedroom flat · SE10 9QZ
No longer listedReduced £25k (−6.3%) on 21 JunListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Payne are delighted to market, this modern, two double bedroom apartment on the raised Ground Floor of this central located development in the heart of Maritime Greenwich, within a stone’s throw of the DLR and mainline railway stations.
The property comprises; generous open plan kitchen/reception area with integrated appliances and direct access onto a covered private balcony; two double bedrooms both with built in storage, contemporary three-piece family bathroom and an entrance hallway storage.
The property also benefits from an allocated parking space.
The property is ideally situated for Greenwich Village with its array of shops, bars and restaurants, including a Waitrose within close walking distance.
Furthermore, the proximity to Greenwich Station and DLR provides fantastic links to Canary Wharf, London Bridge and the City.
Tenure Leasehold Lease 104 years From 01/01/2006 125 years Service Charge £3,708pa Ground Rent £250 pa Energy Efficiency Rating C Council Tax Local Authority Royal Borough of Greenwich, Band 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
Agent & docs
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FAQ
About Flat 4, 45, Norman Road, London
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