We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · SE18 3JJ
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfect for anyone looking for a spacious, split level 3 bedroom property, in a quiet residential street that also benefits from excellent transport options into and across London!
This 3 bed, 1 bath maisonette in Shrewsbury Lane is offered chain free and with a lease of 33 years remaining with no ground rent or service charge!
The buyer will be granted a new lease of 999 years with the possibility of also obtaining the freehold to the building.
To the front of the property is a private driveway with off street parking as well as grassed areas for anyone that fancies some gardening.
To the rear of the property is a large private garden with a patio area, grass and storage.
From its position on top of Shooters Hill, you get stunning views across London seeing numerous major sights and lots of greenery, as well as huge amounts of natural light throughout the whole property.
You enter up some steps into a raised ground floor entrance, via the hallway into the open plan kitchen and dining room. With stone worktops and solid wood cabinets, giving lots of storage.
And wooden flooring throughout this area. Through to the living room which is spacious and comfortable. Upstairs you have the three bedrooms with built in storage in two.
The third room could be used as a home office or single bedroom, depending on your need for the space. Finishing off, you have a separate bathroom and wc.
Potential (subject to the necessary planning requirements etc) to develop the loft space into another room.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 61a, Shrewsbury Lane, Plumstead
Explore nearby