2-bedroom flat · SE10 0YN
For saleReduced £12.5k (−2.1%) on 3 SepListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering stunning views from a private balcony, as well as an underground secure parking space, this spacious 5th floor apartment is perfect for first time buyers and downsizers alike.
Located a short 0.7 mile walk from Cutty Sark station, this property comes the market with the added bonus of a 24-hour concierge, as well as access to a residents only gym, swimming pool and tennis court.
The accommodation comprises; a welcoming entrance hallway with doors leading to all rooms and a double built in cupboard.
The open-plan reception room is a generous size at 26'8 x 11'9 and has been tastefully decorated in neutral tones and access onto a private balcony with stunning views across the River Thames..
The kitchen has been thoughtfully arranged with an array of eye and base level units and integrated appliances.
The main bedroom is a large double at 16'8 x 9'0 with en-suite shower room and a built in wardrobe.
The second bedroom is also a generous double at 11'10 x 11'4 which which has access onto the private balcony. Completing the flat is the family bathroom.
Greenwich offers an unparalleled combination of historical significance and contemporary convenience.
The area's unesco World Heritage status reflects its importance as the home of Greenwich Mean Time, while the Royal Naval College and Maritime Museum provide cultural richness on the doorstep.
Greenwich Park's expansive green spaces offer respite from urban life, complemented by the vibrant weekend markets and independent Transport connections place central London within easy reach, with Cutty Sark DLR station and Greenwich railway station providing multiple route options across the capital.
The Thames Path offers scenic walking and cycling routes, while Canary Wharf's business district is just moments away via the DLR network.
This property presents an exceptional opportunity to secure a sophisticated home in one of London's most historically significant yet dynamically evolving neighbourhoods, where riverside luxury meets maritime heritage.
Tenure: Leasehold. Years remaining on lease: 990, Service charge: £4,800pa, Ground rent: £435pa, Council tax band: E. To check broadband and mobile phone coverage please visit Ofcom here
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 509, Iverson Point, 4, Harrison Walk, London
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