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 · SE3 9TZ
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptionally spacious and beautifully presented three double bedroom split-level period conversion, occupying the entire upper two floors of an impressive Grade II listed Captain's House superbly positioned just moments from the heart of Blackheath Village and sold chain free.
Offering wonderfully generous and versatile accommodation, the property combines the magnificent proportions and character of the original house with a stylish, contemporary interior.
The overall measured area extends to approximately 1,671 sq.ft, providing considerably more space than is typically found in an apartment in this location.
The property is approached via its own staircase, which rises to a particularly spacious first-floor landing.
To the front is an impressive reception room with high ceilings, stripped wooden flooring and a large sash window, creating a superb main living and entertaining space.
Also positioned to the front is a generous third bedroom, currently lending itself perfectly as a home office or study, although easily large enough to function as a bedroom when required.
To the rear is the excellent kitchen/dining room, which has been remodelled to create a fantastic social space.
The contemporary fitted kitchen provides an extensive range of cabinetry, integrated appliances and generous preparation space, while still allowing plenty of room for a substantial dining table.
A separate utility area provides additional practicality and storage. The upper floor provides two particularly impressive double bedrooms.
The principal bedroom is a superb size with extensive fitted wardrobes and attractive elevated views, while the second bedroom is again an excellent double.
Completing the accommodation is a large and stylish family bathroom, fitted with both a separate bath and a generous walk-in shower.
The property retains plenty of period character throughout, including high ceilings, sash windows and stripped wooden floors, while the split-level arrangement gives the apartment the scale and feel of a house rather than a conventional flat.
A particularly valuable feature is the private garden, situated to the rear of the building and accessed via Dacre Park.
It provides a secluded outdoor space with plenty of potential for landscaping and, subject to any necessary permissions, space for a garden studio or home office.
There is off street parking to the front. The location is exceptional.
Blackheath Village and station are approximately 0.2 miles away, providing an excellent array of independent shops, cafés, bars and restaurants together with regular rail services into Central London.
Lewisham station and DLR are approximately 0.7 miles away, providing further connections to Canary Wharf and the City, while Hither Green station is also around 0.7 miles away.
The open spaces of Blackheath, Greenwich Park and Manor House Gardens are all within easy walking distance, making this a superbly positioned home combining exceptional space, period character, a private garden and outstanding convenience.
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 26a, Lee Terrace, Blackheath
Explore nearby