2-bedroom flat · SE2 9FJ
For saleReduced £2.5k (−0.6%) on 29 SepListed 111 days
Opportunity summary
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About
Situated on the Desirable Southmere Lake Development, this purpose-built apartment offers a perfect blend of modern living and convenience.
With two spacious double bedrooms, including a well-appointed en suite, this property is ideal for professionals or small families seeking comfort and style.
The additional family bathroom ensures ample facilities for all residents.
One of the standout features of this apartment is the generous balcony, providing a lovely outdoor space to relax and enjoy the fresh air.
The open-plan living area is bathed in natural light, thanks to large windows that frame delightful views of the surrounding area.
This space is perfect for entertaining guests or simply unwinding after a long day. Residents will benefit from a concierge service, adding an extra layer of convenience to daily life.
The location is particularly advantageous for commuters, being just 0.5 miles from Abbey Wood station, which offers access to the Elizabeth Line, making travel to the city effortless.
Southmere Lake is just a stone's throw away, providing a picturesque setting for leisurely walks or outdoor activities.
The local amenities are plentiful, with a variety of cafes, gyms, and workspace areas nearby, catering to all your lifestyle needs.
For those who appreciate nature, Lesnes Abbey Woods is also within easy reach, offering a tranquil escape from the hustle and bustle of city life.
This apartment truly represents an excellent opportunity for anyone looking to enjoy the best of both urban and suburban living in London.
Guide price £415,000-£430,000 Communal Entrance With Lift Entrance Hall Plus Store Cupboard (5.31m x 3.76m plus 1.45m x 1.04m (17'5" x 12'4") Reception/Kitchen Room (6.71m x 4.11m (22' x 13'6)) Balcony (4.47m x 1.75m (14'8 x 5'9)) Bedroom One (4.50m x 2.74m (14'9 x 9')) En Suite (2.41m x 1.50m (7'11 x 4'11)) Bedroom Two (4.52m x 3.35m (14'10 x 11')) Bathroom (2.18m x 1.98m (7'2 x 6'6))
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 Flat 53, Starling Court 1, Nest Way, London
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