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See how verdicts work1-bedroom flat · SE8 4LF
For saleListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Compass House is a very well-presented one bedroom first floor apartment, set within this small modern development with residents’ parking and attractive communal gardens, superbly located for both Elverson Road DLR and Lewisham Station.
The property has been recently decorated and recarpeted, creating a bright, clean and welcoming home that is ready to move straight into.
The accommodation is well proportioned throughout and includes a generous reception room with excellent natural light, a separate fitted kitchen, a good-sized double bedroom and an attractive bathroom with shower.
The overall condition is excellent, making it an ideal first-time purchase, London base or investment opportunity.
Compass House forms part of a pleasant modern enclave, set back within communal grounds and offering the added benefit of residents’ parking.
The development is particularly well placed for transport, with Elverson Road DLR around a five-minute walk away and Lewisham Station and DLR within approximately eight minutes.
Lewisham is in Zone 2 and offers fast connections into London Bridge in around seven minutes, as well as services to Cannon Street, Waterloo East, Charing Cross, Victoria and Canary Wharf, which can be reached in around 15 minutes via the DLR.
The area continues to benefit from significant regeneration and investment, further enhancing Lewisham’s already excellent amenities and long-term appeal.
Blackheath, the Heath, Greenwich Park and historic Royal Greenwich are all within easy reach, offering a wonderful choice of open spaces, cafés, restaurants, shops and cultural attractions.
Greenwich itself is a unesco World Heritage Site and home to some of London’s finest historic buildings, while the O2, river bus service and Greenwich foot tunnel are also close by.
Offered chain free, the property also provides an attractive rental yield of approximately 5.2%, making it a particularly appealing option for investors as well as owner occupiers and the further benefit for an extended 161 year lease.
Viewing is highly recommended. Under the Estate Agents Act, we are required to disclose that a member of staff has an interest in this property.
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
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FAQ
About 21, Compass House, Deptford
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