2-bedroom flat · SE7 8PS
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom apartment offering well-proportioned rooms and excellent storage throughout. A spacious two-bedroom apartment offering well-proportioned rooms and excellent storage throughout.
The current owners have renovated the property within the last four years, including a modern kitchen and a contemporary bathroom.
The apartment features a separate living room and kitchen, with the kitchen generously sized to accommodate a dining table.
There are two well-sized bedrooms and a stylish bathroom with a shower over the bath.
Additional benefits include double glazing throughout, gas central heating, ample storage, plenty of natural light, and access to a private balcony.
Ideally situated on a quiet road, the property is just a short walk from Charlton Lido, Charlton & Hornfair Park, Charlton Village, and Charlton Station, with multiple bus routes providing direct access to North Greenwich.
INFORMATION AND SERVICESTenure: Leasehold Lease - 125 years from 12 July 2004Service Charges: Approx -£2100 Per annum Ground Rent - £25 Per AnnumCouncil Tax Band: BLOCAL AUTHORITIES: Royal Borough of Greenwich - Services: Mains water and gas, electricity.Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included.
Various items may be available by separate negotiation.Viewing: By appointment via Truepenny’s. Truepenny’s Property Consultants Ltd.
for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the vendor or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
General Information Truepenny’s Property Consultants for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within thes eparticulars are made without responsibility on the part of the vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
Value & comps
No previous sales on record.
Returns
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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 Greenbay Road, London, SE7
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