Studio flat · SE3 0DQ
For saleListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright, and relatively spacious, split-level studio flat in this converted Victorian building, formerly the ‘Old Gentlemen’s Club’, quietly situated in the heart of Blackheath Village conservation area.
At the end of a long communal hallway, opposite the entrance door of the flat, is a very useful utility cupboard, with window, power and plumbing.
Inside the flat itself, a small entrance lobby is open to the compact kitchen, and a door opens into the shower room, all with west-facing windows.
A tight winding staircase ascends from the lobby to the large (17’4” x 11’2”) double-aspect, bed/living room.
The Accommodation Comprises: Entrance Lobby, Studio Room, Kitchen, Bathroom, Gas Central Heating, No Chain.
EPC: D Council Tax Band: B Lewisham (Blackheath Conservation Area Lease Term: 157 years (198 from 25/12/1985) Ground Rent: £150 p.a. Maintenance: £820.80 p.a.
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
Agent & docs
FAQ
About 7, Avenue Mansions, Blackheath Grove, Blackheath
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