2-bedroom flat · SE18 6YJ
For saleReduced £25k (−6.7%) on 17 OctListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*guide price £400,000-£425,000* *£10,000 cash back incentive* Spread across 867 sqft is this immaculately presented third-floor, two-bedroom, one bathroom modern apartment benefiting from a private terrace.
Positioned within close proximity of the shopping amenities of Woolwich Town Centre.
Comprising a 18ft x 15ft open-plan living area, kitchen with integrated appliances; there is also a large balcony with lovely views. Benefitting from two double bedrooms.
There is a three-piece family bathroom with shower over bath. Beautifully designed throughout, tiled bathroom floors, high-quality fixtures and fittings, and ample storage.
This unique flat is positioned within close proximity of the popular shopping amenities of Woolwich Town Centre offering a wide range of supermarkets, shops, restaurants and bars.
A short walk to Woolwich station for the Elizabeth line/Crossrail, or Woolwich Arsenal station for the DLR, Southeastern and Thameslink Lines with easy connections into North Greenwich station for the Jubilee line.
Further popular transport links include the Thames Clipper river boat, Woolwich Ferry and London City Airport. Energy Efficiency Rating B.
Council Tax – Local Authority Royal Borough of Greenwich, Band D. Leasehold: 234 Years Ground Rent: £500 Per Annum Service Charge: Approx £178 Pcm
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 301, Axell House, 41, Wellington Street, London
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