3-bedroom flat · SE18 4BT
Sold STCReduced £50k (−7.7%) on 12 SepListed 288 days
Opportunity summary
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About
Step into a piece of history with this stunning three-bedroom lateral apartment, set within the prestigious, Grade II listed Royal Military Academy development.
Renowned for its remarkable architecture and picturesque grounds—home to the oldest cricket ground in the UK, where the Blackheath Cricket Club resides—this location offers a truly unique and distinguished lifestyle.
Dating back to the early development of the Academy (1803–1858), the apartment itself showcases a perfect blend of historic character and sophisticated charm.
Chic interior styling harmonizes beautifully with the property's original period architecture, offering a truly opulent living experience.
Organised over a vast 1,521 sq ft, the sheer scale and quality of this apartment will amaze.
Boasting 10 ft high ceilings, real wood floors, and plantation shutters throughout, the home is bathed in natural light and luxury.
The accommodation features a generous 288 sq ft living room and a spacious kitchen/diner, perfect for entertaining.
The kitchen is fully equipped with Siemens built-in appliances, stone worktops, and a breakfast bar that comfortably seats up to six people. All three bedrooms are well-proportioned doubles.
The main bedroom is a sanctuary, benefiting from a modern en-suite shower room and a dedicated dressing area Residents benefit from convenience and security with allocated parking and concierge services.
Located near Shooters Hill, the area provides easy access to beautiful green spaces like Oxleas Woods and the historic Severndroog Castle, along with local favorites like The Bull Pub.
Nearby Blackheath offers charming independent shops and a wide range of restaurants, while Woolwich provides the Elizabeth Line for fast travel into Central London.
Excellent bus routes from the development offer easy access to Woolwich, Blackheath, Greenwich, and Plumstead.
Value & comps
No previous sales on record.
Returns
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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 38,Apartment 4, Parade Ground Path, London
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