1-bedroom flat · SE9 2TA
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the first floor, this very well presented one bedroom retirement flat forms part of a popular development for over 55's.
With light and airy accommodation which comprises an open plan living room/kitchen with all integrated appliances to remain, bedroom with freestanding wardrobe and shower room.
Situated on the first floor, this very well presented one bedroom retirement flat forms part of a popular development for over 55's.
With light and airy accommodation which comprises an open plan living room/kitchen with all integrated appliances to remain, bedroom with freestanding wardrobe and shower room.
The complex benefits from a lift, residents lounge, 24 hour alarm/entryphone system and an onsite scheme manager.
With bus stops immediately to hand which serve Eltham and New Eltham High Street for easier access to shops and restaurants, New Eltham station is 0.8 miles.
Residents parking, very well tended communal gardens with plenty of seating and no onward chain, why not take a look!
Hallway Part glazed front door, airing cupboard housing water tank and hot water cylinder, fitted carpet and electric heater.
Open plan lounge & kitchen 17' 9" x 15' 2" narrowing to 10' 1" (5.41m x 4.62m) Double aspect room with upvc windows to front and side lounge area: Fitted carpet and electric heater kitchen - White gloss fitted wall and base units, built in induction hob, oven and cooker hood, all white goods remaining which include washing machine, dishwasher and fridge freezer, stainless steel sink unit, part tiled walls, meter cupboard, vinyl flooring.
Bedroom 12' 8" to wardrobes x 7' 8" (3.86m x 2.34m) Two upvc windows to front, freestanding wardrobes to remain, fitted carpet, electric heater.
Shower room 6' 1" x 4' 10" (1.85m x 1.47m) Upvc window to rear, shower unit, w.c., wash basin, fully tiled walls, electric wall heater, vinyl flooring.
Outside Very well tended and stocked communal gardens with plenty of seating Residents Lounge Residents parking Material information Tenure: Leasehold Length of lease: 999years from 25th December 1986 Service charge: £3,832.68 year ending March 2027 Ground rent: £1 P.A.
Council Tax Band: B - £1,639.31 All buyers are subject to identity checks. We use a third party company to complete these for us.
The charge is £36 inc vat per person which requires to be paid at your earliest convenience once your offer has been accepted, this enables us to conduct the verification checks we are obliged to do as per hmrc Anti Money Laundering guidelines.
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
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FAQ
About 30 Southend House, 141, Footscray Road, Eltham
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