2-bedroom flat · SE28 0PB
For saleListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this well presented 2 bedroom apartment which was built by David Wilson Homes (since taken over by Barratt Homes).
The property is situated in a modern purpose built block which benefits from a lift and a secure undercover parking space.
The service charges are relatively low and there are approximately 102 years remaining on the lease.
Accommodation comprises: entrance hall, an open plan reception room, fitted kitchen, 2 well proportioned bedrooms, a shower room and a bathroom.
There are a range of storage cupboards and a built in wardrobe in the master bedroom. Other added benefits include GCH system (nt), double glazing and a secure undercover parking space.
There are some beautiful riverside walks nearby and an abundance of open parkland in the West Thamesmead area.
The Royal Arsenal has several on site gyms, pilates and yoga studios as well as a medical centre, dentist and a range of bars and restaurants.
This property would make a superb first time buy or investment purchase. Call us for futher information or to arrange an appointment to view.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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 Pettacre Close, Thamesmead West, SE28 0PB
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