2-bedroom flat · SE28 0GE
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional opportunity awaits to acquire this beautifully presented two bedroom, two bathroom apartment, ideally situated on Erebus Drive in the sought after "Erebus Drive" location.
Offered for sale at a fixed price of £350,000, this property combines contemporary living with practical amenities, making it an attractive proposition for a variety of buyers.
Upon entering, you are greeted by a light and airy hallway that leads to the well proportioned reception room, providing ample space for both relaxation and dining.
The layout is thoughtfully designed to maximise natural light and create an inviting atmosphere.
The heart of this home is undoubtedly the lounge with its private balcony, which offers captivating river-facing views, providing a serene backdrop for morning coffees or evening relaxation.
This outdoor space extends the living area, perfect for enjoying the vibrant London environment from the comfort of your own home.
The apartment boasts two generously sized double bedrooms, ensuring comfortable accommodation.
The master bedroom benefits from its own en-suite bathroom, offering a private sanctuary and added convenience.
A second well appointed bathroom serves the additional bedroom and guests, both finished to a high standard with modern fixtures and fittings.
One of the standout features of this property is the inclusion of underground allocated car parking.
This is a significant advantage in London, providing secure and convenient parking, a true luxury for city residents.
Furthermore, the property comes with a long lease, offering peace of mind and long term security for the new owner.
For those seeking a swift and straightforward purchase, this apartment is offered chain free, simplifying the buying process considerably.
We highly recommend viewing the comprehensive video tour available, which provides an immersive insight into the property's layout and features, allowing potential buyers to explore every detail from the comfort of their own home.
Erebus Drive offers excellent connectivity to local amenities, transport links, and green spaces, ensuring residents can enjoy the best of London living.
Whether you are a first-time buyer, a professional couple, or looking for an investment opportunity, this apartment ticks all the boxes for a desirable urban lifestyle.
Do not miss the chance to own this fantastic property; early viewing is strongly advised to fully appreciate all it has to offer.
Room Measurements: Lounge: 17’4 x 13’ (5.28 m x 3.96 m) Kitchen: 12’2 x 5’5 (3.71 m x 1.65 m) Bedroom One: 13’ x 9’9 (3.96 m x 2.97 m) En-Suite: 6’6 x 5’3 (1.98 m x 1.60 m) Bedroom Two: 13’ x 8’8 (3.96 m x 2.64 m) Bathroom: 7’1 x 6’6 (2.16 m x 1.98 m) Balcony: 6’4 x 4’1 (1.93 m x 1.24 m) Share of Freehold Lease: The balance of a 999 year lease created on 28th September 2002.
Service Charge: £2,715 for 6 months. The current owner has paid for period 1st October 2026 to 31st March 2027. To be confirmed by the Vendor's solicitor / conveyancer. Ground Rent: £150 per annum.
To be confirmed by the Vendor's solicitor / conveyancer.
Council Tax: Royal Borough of Greenwich - Band C General Property Information: Property Construction: Brick with external cladding Floor Level: First floor.
Sewerage: Mains sewerage Heating Type: Gas central heating Hot water: Via combination boiler Parking Information: Allocated space in secured underground parking.
Flood Risk: The property does sit by the Thames river, so there is an element of a flood risk.
Ramps / Lift: There is a lift service to this building Utilities: Gas supply: Mains Fed Electricity supply: Mains Fed Water supply: Mains Fed Mobile Phone coverage - For estimated coverage please copy and paste this link your web browser: Broadband - For estimated coverage please copy and paste this link into your web browser:
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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 Erebus Drive, Thamesmead, London, SE28 0GE
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